Hot exchanges in the first session of August, even if oil turns red. Piazza Affari closed up 0,59%, 21.612 points, driven by Classic Ferrari for sale which scores a leap forward of 4,15%. The other continental markets are even more tonic: Frankfurt +1,1%, Madrid +0,8%, London +0,7%, Paris +0,65%.
Wall Street starts with the turbo and the Dow 30 seems ready to set a new record (already 30 in 2017), approaching 22.000 points. The company quarterly reports are the driving force: according to FactSet, 73% of companies listed on the S&P 500 as of last Friday had exceeded revenue estimates; at this rate the season could turn out to be the best since 2008. Tonight too Apple he will reveal his accounts.
The euro remains in the 1,18 area against the dollar, while oil falls rapidly, after even exceeding the threshold of 53 dollars: Brent 51,09 dollars a barrel, -3,09%. Gold up slightly by 0,18%, at 1271,7565 dollars an ounce.
The bond market remains positive, however with modest trading. The Italian 2,02-year yield falls to 153.10%, the spread with the Bund at 1,42 points, -XNUMX%.
In Piazza Affari the Agnelli stable sparks thanks to Ferrari, which tomorrow Wednesday will present the trend for the quarter. Pushing the prancing horse are press rumors about a possible four-seater 'utility vehicle' as part of an expansion that goes beyond the Maranello company's niche market, with prospects of doubling profits by 2022. Exor + 1,19% fca +0,29%, despite the data on US registrations in the month of July.
In pole position the utilities with Italgas +2,11%, Terna +1,62%, Snam +1,3%. Well Buzzi +1,21%. It stands out among the big names in oil Eni, +0,75%. Today, CEO Claudio Descalzi met with the Egyptian prime minister, Sherif Ismail, to talk about the mega Zohr field.
On the opposite side of the list, Tenaris stops -2,09%. Falling fashion with Ferragamo, -2,08%, after the accounts presented yesterday.
Among the banks, Ubi -1,03%turns out to be the worst. Understanding, +0,14%, hooks a small upside in the final, after beating expectations with second quarter earnings and confirming the target of 3,4 billion cash dividends on 2017, but also after closing the door to extra coupons for this year. Among the weaker stocks Mediaset -0,97%.
Among the mid caps one more day in the rally for Piaggio, +5,54%. Banca Carige drops 4,72% after yesterday's gains. Slightly up Fincantieri, +0,7%, on the day of the summit meeting between representatives of the Italian and French governments for the future of Stx France.
