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The rebound of crude oil revives the stock exchanges

Attention is dominated by the rebound in the energy sector: Eni rises, Saipem flies – The spread is reduced to 136 basis points – Debt rises, but the countervalue of public securities controlled by foreign investors falls – The popular ones are doing well – Luxury recovers – In recovery FCa.

The rebound of crude oil revives the stock exchanges

The price of crude oil rebounds due to the clashes near the Libyan terminals. They go up oil stocks (+1% the sector index), after last week's collapse (-10%). The celebrations for the promotion of Mps in the Frankfurt repair exams have already ended in Piazza Affari: the initial rise of 1,3% has been reduced to a modest +0,1%.

Thus the week of the price lists of the Old Continent kicks off with the plus sign. In Milan the index Ftse Eb it rises by 0,83% to 18.755. On positive ground too Paris (+ 0,63%), Frankfurt (+ 0,43%), Madrid (+ 0,55%) and London (+ 0,63%). 

The exchange rate hasn't changed much euro/dollar, to 1,242, from 1,246 at Friday's close. 

The government bond market improves BTP, with the yield falling to 2,03% from 2,07% on Friday. The spread is reduced to 136 basis points, against 145 marked at the start. 

Il Italian public debt it went up again in October to 2.157 billion. The value of public securities controlled by foreign investors decreased. The amount at the end of September amounted to 682,699 billion euros, from 686,825 billion at the end of August.

In Piazza Affari, attention is dominated by the rebound in the energy sector. Eni rises by 1,4%: the six-legged dog has meanwhile communicated that it has successfully concluded the production test on the Minsala Marine 1 exploration well, offshore Congo, and estimates the potential of the discovery at about one billion barrels of equivalent oil.
Total rebounds by 2,6%. Oil equipment is also recovering: Saipem + 5% Tenaris +1,7%. TO Paris Technip + 5,7%.

It stands out among the banks Banca Pop.Milan (+3,4%), but in general all the popular ones are sparkling: Banco Popolare + 1,4% Ubi + 1,6% Pop.Emilia + 1,8%. Understanding 0,4% salt, Unicredit + 0,1%. 

Among other titles, in evidence Telecom Italy (+ 1%), Enel (+1,1%) ed Enel Green Power (+ 1%). 

In the industrial sector it falls back Finmeccanica -0,6%, instead it advances StM (+1,7%) on the day of the quarterly dividend detachment. Good upside of Fiat Chrysler (+2,8%). They also go up Prysmian (+ 1,3%), Cnh Industrial (+ 1,1%) and Buzzi (+ 1,9%).

GTech it marks a drop of 0,4% after the rumors about the anticipation of a year of the tender for the assignment of the Lotto. The luxury titles recover: Tod’s + 2,7% Luxottica + 1,3%.

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