BAGS BOUNCE FROM THE LOWS
ENEL ENDS IN BLACK OUT -5,43%
On the eve of the Roman trip, Angela Merkel takes some pressure off Greece: a source, quoted by Reuters, informs that on the negotiating table between Greece and the Eurogroup the option of a bridging loan until the elections would be excluded. But it will take a written commitment from the far-right party, which has always been in favor of leaving the euro, on reforms even after the elections. The European stock exchanges they breathe a sigh of relief and move away from the lows of the day: Milan -0,87% to 16.369, Frankfurt down by 0,09%, Paris +0,09%, London -0,3%. Heavy Madrid -2,51%.
THEeuro has recovered throughout the morning and returned to 1,306 against the dollar. The spread between the Italian and German 381-year bonds improves by two basis points to 5,68 points with a yield returning to XNUMX% Today France and Spain have placed government bonds. Paris has issued 8,45 billion bonds at lower rates than previous auctions. Madrid has placed 4,07 billion euros of bonds against a target of 4 billion euros.
The indices of Wall Street are up: Dow Jones, Nasdaq and S&P500 are up 0,3%. Like the accounts of General Motors +5,9% thanks to the performance of the pension fund according to the accounts for the fourth quarter of 2011, which closed with a profit of 39 cents against the 41 estimated by analysts.
The slew of positive macro data encourages investors: Last week, claims for new jobless benefits fell to 348, against an average forecast by economists of 365. The data on building activity also give an indication of growth: 699 new construction sites were started in January, against an expected 675.
The prize for the best title in Piazza Affari goes to Prysmian , up by 1,56% after the maxi order of 800 million euros to build a submarine link between England and Scotland. On the contrary, the black jersey belongs to Enel – 5,43% thanks to a weak electricity demand in Italy. JP Morgan cut the overweight rating to neutral this morning. The subsidiary Enel Green Power decreased by 1,41%. A2A -1,92%. Lottomatica also stepped back -3,5%, penalized by rumors of new taxes on the gaming sector.
As for the hot topics on the carpet, speed up the MontePaschi which rises by 2,32%, after having achieved a leap of 10% yesterday Fondiaria -Sai , however, proceeds in a zig-zag: first down by 4%, now + 0,4%. Unipol loses 3%.
Impregilo is down by 1,39% despite the news that the Salini group ha increased its stake to 20% from 15%. As for the other banks, Unicredit loses 0,05%, Mediobanca is down 3,86%. Intesa +1,74%, BancoPopolare +0,26% and PopMilano -0,99% recovered. Spanish banks collapse after the downgrade of Ftch: BBVA -4,6%, Banco Santander -3,2%, Caixa -7,5%.
Corre Gabetti (+19,19%) in the wake of rumors of an interest of Sator fund e by Carlo Puri Negri.
