Halfway through the session European stock exchanges all travel higher, following the rally of the Asian indices after, surprisingly, the Bank of Japan it adopted a negative rate in an attempt to boost inflation and boost the economy. Milano, the pink jersey among the main price lists on the continent, scores +1,4%. They follow London (+ 1%), Paris (+ 0,8%) and Frankfurt (+ 0,5%).
Among the best stocks of the Ftse Mib are Banco Popolare (+ 5,7%) and bpm (+4%), supported by the rumors that now give the agreement relating to the near future merger of the two institutes.
After yesterday's collapse, in general the entire banking sector is trying to rebound (Unicredit + 1% Understanding +2,3%), but Ubi remains further behind (-0,4%) and seems to discount the speculations about an integration with Ps (-0,8%, but even today the volatility of the stock is very high). Akros Bank writes that the preliminary results of Mt are in line with expectations and show signs of recovery.
In an interview with La Repubblica, the managing director of the Sienese bank, Fabrizio Viola, reiterating that at the moment there is no option on the table for a possible merger, said that the hypothesis of a merger with Ubi presents positive aspects from an industrial point of view.
Highlights too Ferragamo (+4,1%) after the data on turnover for the fourth quarter, published yesterday with the stock market closed, slightly better than expected.
Actions Saipem travel around parity, while the rights associated with the capital increase from 3,5 billion, they rise by about 23%. Eni + 1,1%.
As for the Agnelli galaxy, it moves at two speeds: fca dropped 2,6%, extending yesterday's declines in the wake of the plan update, while Cnh Industrial it gained 2,7% pending fourth quarter results to be announced today.
Positive too Telecom Italy (+ 2,2%) and Finmeccanica (+ 0,6%). stm (-2,8%) widens of losses recorded yesterday after the results.
As for the Petroleum, prices travel slightly downwards: wtf at 33,2 dollars a barrel and Brent and 34,73.
On the currency side, theeuro it loses ground against the dollar, at 1.091.
Finally, on the debt market, mid-day lo spread between Btp and Bund 109-year period is slightly up, at XNUMX basis points.
