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The stock market rally continues: thanks to the spread and the banks. Bpm flies, UnipolSai deflates

Even today, Piazza Affari is among the best performing lists in Europe thanks to the spread and, consequently, to the banks - Bpm's exploits in view of the appointment of the new top management board with Castagna in pole position - Mediobanca, Banco Popolare also did well, Mediaset and Telecom - Salini recovers - UnipolSai deflates - Profit warning for Samsung, Apple runs

The stock market rally continues: thanks to the spread and the banks. Bpm flies, UnipolSai deflates

Raise day for i bank stocks which run in the wake of the fall in the spread and a positive report of Barcalys. The peripheral price lists are especially doing well with Milan running and closing up +1,22% and Madrid up 2,88%%. Frankfurt +0,8%, Paris +0,83%, London +0,37%.

In the morning the Bags they were supported by the drop in unemployment in Germany, after yesterday evening in the US Janet Yellen received the definitive go-ahead for her presidency of the Fed which will start on February 2009st. The stars and stripes trade deficit in November fell to its lowest since 1,9, marking a better result than analysts' expectations that reflects the 0,9% drop in oil imports thanks to the shale oil boom. Exports rose 194,9% to $0,46 billion. The WTI rose by 93,86% to 1,3618 dollars a barrel. The euro-dollar exchange rate is stable at 9. Wall Street is traveling positively. Apple runs while Samsung (it filed the first drop in profit after XNUMX quarters on the rise.

- spread they benefited from Ireland's return to the market after the bailout. Ireland has set the amount of 3,75-year bonds at auction today at €140 billion, with the rate expected to be around 14 basis points above the mid-swap and demand expected to exceed €XNUMX billion.

In the morning the estimates of Eurostat for November, they indicated that inflation in the euro area had fallen again, to 0,8% from 0,9% in November.

In Piazza Affari leaps bpm +8% is back above 50 cents, reaching the highest levels for almost three months.

A Meda Square the CDS met today for the formation of the CDG with Castagna in pole position for the chair of managing director. The appointment is scheduled for January 14. Banco Popolare +5,59%, Bper +5,4%, Banca Finnat, outside the main basket, leaps by more than 15%.

With the reduction of spreads there are several companies that have decided to take advantage of the favorable market window and go down on the bond market, from Generali to Unicredit which would have successfully placed two bonds of 1,25 billion each. And Banco Popolare is also preparing an issue in euro. Outside the banking sector, Enel could in these days open the books to complete the euro and sterling part of the two-year plan of 0 billion euro hybrid securities, with an issue that could fluctuate between 5 and 1,5 billion euros of counter value.

In light Mediaset (+5,7%) but also Rcs Media Group, outside the main index, +8% thanks to the agreement with La Stampa for advertising sales. Telecommunications +4,16%. Salini Impregilo also did well outside the Ftse Mib +1,67% pending an agreement on the increase in costs for the expansion of the Panama Canal. Negotiations are underway with the Canal Authority which could lead to a sharing of the extra costs so as not to block the works, which have already reached around 70%.

At the bottom of the Ftse Mib collapses UnipolSai -6% after yesterday's debut. Yoox -2,89%, Tod's -1,92%, Snam -1,63%.

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