Piazza Affari flies to the highest level since December 2015 and closes up by 1,64%, well exceeding 22.000 points, something that hasn't happened for a month (22.134). The list, after a positive opening, takes off with the data on industrial production in July 2017, increased by 0,1% compared to June and by 4,4% compared to July 2016 in the data corrected for calendar effects. A result higher than expected and which bodes well for third quarter GDP.
However, it is above all insurance stocks that drag Milan and the European and American stock exchanges overall on this day (Unipol +6,7%), after the great fear ofHurricane Irma, which caused damage in Florida, but less than expected and thanks to a quiet weekend in North Korea. In short, "the storm is over", at least for now: Madrid +1,91%; Frankfurt +1,39%; Paris +1,24%; London +0,49%. Wall Street opens on a high note and continues to trade broadly in positive territory. The Dow Jones, a few hours after its launch, returns beyond the psychological threshold of 22.000 points.
Technological tonics: purchases are raining on Apple Lossless Audio CODEC (ALAC),, which tomorrow should present the new one iPhone, that of the tenth anniversary, during an event in Cupertino, California. It looks well bought Alphabet (Google), who will appeal against the European Union's €2,2 billion fine for breaching antitrust laws. The dollar is recovering ground against the major currencies. The euro, specially observed by the ECB in this phase, loses 0,4% and the cross drops to 1,98. The climate reduces the appeal of gold, which in any case remains well above 1300 dollars an ounce, to 1332,865, but loses 1,03%. Two-sided oil: Brent down -0,11%, 53,5 dollars a barrel; Wti up +0,59%, 47,76 dollars.
Positive session for i Bond: the Italian 2,03-year yield falls to 1,23%; the spread with the Bund decreased by 169.30%, to XNUMX basis points.
Returning to the share market: Unipol recovers most of the losses of the last three months, basking in the sun of the sector at a global level, but also thanks to the promotion from 'neutral' to 'outperform' by Mediobanca with a target price of 4,9 euros. At the top too Unipolsai + 3,15 %.
They regain altitude Exor, +4,18%; Finecobank +3,67%. Brilliant Saipem +3,34% with the 'buy' rating by HSBC which values the share at 4,4 euros. Queen of banks it is Ubi + 3,45%.
On the opposite bank of the list it stops Leonardo, -0,07%, the only stock in the red on the Ftse Mib. Little moved Tenaris +0,09%; Italgas +0,29%; Eni +0,3%; Recordati +0,41%. Out of main basket Fincantieri +4,82%, celebrates a 310 million order for Silversea Cruises and the growing optimism for aagreement between Italy and France on Stx France.
