It seemed like a quiet day on the stock market for European stock lists but the ending held two nasty surprises in store: firstly the alarm raised by the European Council for systemic risk which denounced the still high dangers of an escalation of the crisis and then the downgrading of European banks announced by Moody's.
Result: reverse of all price lists, except Milan which in the last half hour has lost approximately one percentage point but closed just above parity (+0,14%). The encouraging news that had arrived from several fronts during the day was not enough. Both from America and from Spain: in the USA the Superindex and the PMI index offered different scenarios of the American economy but such as to show some more positive signs on growth than those, still worried, expressed by Bernanke at the recent meeting of the Fed E then Spain: the auction of the Bonos, while forcing the Treasury to pay high yields, closed on a positive note.
The Btp-Bund spread which had dropped to 412 at the beginning of the afternoon recovered to 422 at the close. Oil, which had fallen below 80 dollars a barrel, returned above closing at 80,69 dollars a barrel. The euro closed at 1,26 against the dollar.
But let's see what happened in particular at Piazza Affari which for a large part of the day hoped to finish again in glory to consolidate its pink jersey compared to the European price lists. The Italian Stock Exchange is the only one that closes without a minus sign but loses momentum in the finale. However, the performances of Diasorin stand out, bringing home an increase of 5,66%, Mediolanum (+4,59%), Ferragamo (+3,29%), Mps (+3%) and A2A (+3,25% ). On the other hand, Tenaris is down, leaving almost 3% in the field, Mediaset losing 2,49% and Exor falling back by 1,89%.
