CYPRUS, THE BAGS BELIEVE THE RUSSIAN PAPER
FLY BPM +11,11%, MILAN THE TOP LIST
The markets bet on Russian charter for Cyprus. Despite the denials, the news given by a Cypriot newspaper of the sale of the Cypurus Popular Bannk by a pool of Russian investors finds credit. A 4 billion operation which would significantly reduce the amount (5,8 billion) requested of Nicosia by the troika.
On the wave of the indiscretion the European stock exchanges they accelerated in the afternoon; Piazza Affari rises most of all with the FtseMib index up by 2,2% to 16015.
The Exchange of Paris salt of 1,5%, Frankfurt +0,68%, slip London -0,06%. Madrid + 1,19%.
THEeuro is up against the dollar to 1,295 from 1,288 at last night's close.
The situation on the government bond market improves: the yield of the 10-year BTP is dropped to 4,61%. The spread narrowed to 323, down 12 basis points.
The American disputes are on positive ground: the index Dow Jones 0,5% salt, S&P e Nasdaq they advance by 0,5%.
Wall Street the event of the day is the press conference of the president of the Fed, Ben Bernanke, scheduled for 19,30 pm Italian time at the end of the two-day meeting of the FOMC, the monetary policy committee. Economists agree in expecting the confirmation of interest rates at the current level between zero and 0,25%, an all-time low.
The rebound, according to logic, was driven by banks: Unicredit + 3,95% Understanding + 3,43% Banco Popolare + 4,49% Mount Paschi +2,75%. leap of Banca Pop.Emilia + 5,86%.
But it was there that led the race Pop.Milan +11,11% after yesterday evening the board of directors approved the process for the transformation from cooperative bank to joint stock company. The bank also announced a capital increase of 500 million euro aimed at repaying the Tremonti Bonds (of the same amount).
Among the insurance Generali + 2,74% Unipol + 2,4%.
IVASS, the new Authority of the insurance sector, has targeted the remuneration and dividends of insurance companies, inviting companies to follow criteria of prudence in order to have an adequate capital base in the long term.
He also shines among the Milanese blue chips mediaset, up 5,51%% after Goldman Sachs' promotion to neutral (from sell).
Among industrial stocks Fiat Industrial +0,47%: Deutsche Bank's buy promotion does not give any boost. Ansaldo +5,89%, Finmeccanica +0,71% instead runs.
braking of Fiat -0,85%: yesterday Sergio Marchionne warned that the trading profit of the first quarter of 2013 will be lower than that of the first quarter of 2012.
Enel salt by 2,7%, A2A +3,92%, even better Atlantia + 4,38%.
Eni advances 1,9%, runs Tenaris +2,73% with oil slightly up: Brent is trading at 107,9 dollars a barrel +0,4%.
Telecom Italy rises by 1,72%.
