Widespread sales on both sides of the Atlantic due to political uncertainty over Italy, which fuels fears in a European context, and the Cyprus case. Milan loses 0,92%, Paris 0,99%, Frankfurt -1,15%, London -0,18%, Madrid -1,13%. Athens sinks -3,99% on the Cyprus affair.
Lo Btp bund spread it climbed 350 points on the heels of today's 5-year and 10-year BTP auction which saw declining demand. The Treasury, on the day in which Pierluigi Bersani unsuccessfully tried to reach an agreement with Grillo's 5 Star movement, concluded an issue of ten- and five-year government bonds for 6,91 billion, slightly below the target of 7 billion and with mixed rates: while the yield was down for the ten-year, the five-year Btp recorded rising rates. The announcement of the details for the next Btp Italia issue is expected today. The euro slips by 0,6% to 1,2782 against the dollar. WTI oil loses 0,28% to 96,13 dollars a barrel. Gold rebounded 0,48% to $1.604 an ounce.
Also Wall Street it suffers from tensions and moves into negative territory. The Dow Jones at the close of Europe fell by 0,28% and the Nasdaq by 0,13%. The number of compromises for the purchase of homes in the United States fell in February, but is still close to the highest levels of the last three years. The National Association of American Realtors (NAR) index fell 0,4% from last month to 104,8 points, more than analysts expected, but remains up 8,4% over the same period month of last year.
In Piazza Affari the decline in the banking sector is confirmed with various securities ending up in a volatility auction. Worst title of the Ftse Mib Bmps -4,29%, suspended during the day, on the eve of the approval of tomorrow's accounts on which a maxi loss is expected. Today, as part of the investigation into the bank's derivatives, Nomura's Milan office was searched, which is not under investigation but is collaborating with the Sienese magistrates in charge of the investigation into Rocca Salimbeni. Down Bper -4,24%, Mediobanca -3,59%, Bpm -3,43% and Mediolanum -3,19%. Positive release for Intesa Sanpaolo +0,89%.
Telecom Italia loses 2,93%. According to press leaks, Marco Fossati, the group's second shareholder, would have asked to place trust in top management on the agenda for the meeting.
leap of Ansaldo Sts which suspended upwards closes trading at + 11,09%, The share rises after the presentation of the business plan. Mediaset confirms its countertrend, jumping by 5,29% with sustained volumes after yesterday's accounts which reported the first red in the history of the Biscione. Analysts like the group's work on cost reduction. Fiat Industrial also rose sharply +1,72%. Finmeccanica +1,76% which benefits from the new 110 million euro order obtained from AugustaWestland.
