In the end, the European price lists freeze, closing flat, infected by the uncertainty of Wall Street. After a crackling morning, thanks to the third vaccine against Covid which proved effective within 15 days, the continental markets began to slow down. For Christmas there will probably not be skiing in Italy and perhaps not even in Europe and this, together with the other containment measures necessary at a continental level to stop the pandemic, also cools the climb of Business Square towards 22 points (-0,02%, 21.701 points). Oil stocks appreciate and the banking sector remains in turmoil with the launch of a total takeover bid by Credit Agricole on Valtellinese credit (+23,73%), but utilities are down. Bonds, on the other hand, remain on the crest of the wave, with the 0,58-year rate closing at a low (+XNUMX%) and the spread with the Bund down to 116 points (-1,21%)
The situation is analogous to Frankfurt -0,01%; Paris -0,07%; Madrid +0,03%. Worse London, -0,31%. Wall Street, after a matching opening bell, moves mixed (the Nasdaq is down), in view of a meager Thanksgiving, while Donald Trump's hopes of overturning the electoral result are reduced to a flicker and the American media reveal that the president elected Joe Biden singled out in Anthony Blinken his Secretary of State. The official announcement is expected on Tuesday, when Biden will also appoint his national security adviser and the US ambassador to the UN. Jake Sullivan would have been chosen for the role of adviser, while Linda Thomas-Greenfield is running for UN ambassador.
On the front of the world war against the coronavirus, we note the announcement that the AstraZeneca vaccine developed by the University of Oxford and the Irbm of Pomezia is "highly effective" in preventing the disease according to the preliminary results of clinical trials conducted in the United Kingdom and Brazil arrived in phase 3. The researchers explained that the vaccine works on average with a protection of 70%, therefore lower than the 90-95% announced first by Pfizer and then by Moderna. However, the protection seems to vary, according to the dosages, up to a coverage of 90%
Supporting the European markets in the first part of the session were also some macro indicators such as the German PMI manufacturing index, the thermometer of the Eurozone economy, which fell to 57,9 points in November, but above expectations.
In the wake of the positive news, the PetroleumBrent crude rose 2% to $46 a barrel. on the contrary thegold falls back to 1832,7 dollars an ounce (-2%) The dollar rears its head. L'euro, which had reached 1,19, is currently retreating to 1,182.
In Piazza Affari, the oil stocks archive an excellent session: Saipem + 4,55; Tenaris +2,94%; Eni .
It stands out among the big banks Unicredit +3,39%, considered one of the possible protagonists of the new credit aggregation season. To revive the hypothesis of an aggregation with Ps (+1,3%) is Bloomberg. According to the American agency, which cites anonymous sources close to the situation, the CEO of Unicredit, Jean Pierre Mustier would have been heard at the Ministry of Finance on the subject of the possible sale of the 68% share of Mps in the hands of the state. However, the CEO of Unicredit, writes the international agency, would not be willing to consider any agreement that was not at least neutral in terms of capital and that did not protect his bank from legal risks, which amount to around 10 billion. In this regard, an internal analysis was allegedly conducted by Unicredit to evaluate the risks and benefits of the merger with MPS.
It remains effervescent Bper, +2,12%, after the utterances of the top management of Unipol (major shareholder) in favor of a combination with Bpm bank -3,71%.
The news of the day, however, is the takeover bid launched by Credit Agricole Italia, a company 75,6% controlled by Crédit Agricole, on Credito Valtellinese. The combination would create the sixth commercial bank in Italy The offer with cash consideration is equal to 10,50 euros per share (today the bank closes at a higher value of 10,758 euros per share). This price is equivalent to a total investment of 737 million by Credit Agricole Italia to get to hold 100% of the shares of Credito Valtellinese. In the slipstream we appreciate the Banca Popolare di Sondrio + 5,33 %
Down among the big names, Mediobanca -1,95%.
In the rest of the list they are well bought Leonardo + 2,9% Telecom +1,75% and Atlantia +1,72%. The latter closest to sale of Aspi to CDP, after the change at the top management of Edizione, the safe of the Benetton family, where Enrico Laghi will be the new president with the mandate of "supporting the board in the continuation and consolidation of a process of renewal and strengthening of the social strategy". The appointment will be formalized on November 30 and Laghi takes the place of Gianni Mion.
Bringing up the rear among the blue chips is Terna, -3,89%, which was affected by the detachment of the 2021 interim dividend for an amount of €0,0909.
Weak Recordati -2,75% Enel -1,86% and Post -1,8%.
Out of the main list makes a leap Monnalisa after signing the agreement with the blogger, Chiara Ferragni, who has almost 22 million followers. The shares boast an increase of 23,64% and regain the 4 euro per share.
The Arezzo-based company, specialized in children's clothing, today announced the signing of a multi-year licensing agreement with Chiara Ferragni, with the aim of growing worldwide, in the 0-10 year old girl's fashion segment.
