BUSINESS PLACE TAKES FLIGHT. BTP RECORD
INTESA, UNICREDIT, ENEL AT THE TOP OF EUROPE
It picked up speed the rush of Piazza Affari after the departure of Wall Street. Italian titles (Unicredit, Intesa and Enel) are at the top of the Eurostoxx 50 index.
Gallop the Ftse Mib index +3,44% to 21544. Frankfurt +1,57% and Paris +1,39% are on the rise, but with less extensive variations. Madrid gains 1,67%. Wall Street continues positive, but below the highs of the opening, with the index S & P500 which rises by 0,56%, Nasdaq + 0,57% Dow Jones + 0,61%.
Fly Yahoo +6,2% thanks to the good results of the Chinese subsidiary Alibaba, it loses ground Bank of America -3% after announcing a loss of 5 cents per share at the end of the first quarter. Meanwhile the yield of the 10-year BTP reached a new all-time low: 3,09%, spread at 161 bp. They have exceeded the threshold of 10 billion euros (10,06 billion the final figure) total orders for the new Btp Italia, during the third and last day of subscription of the bond reserved for retail investors. Data released this morning confirms that inflation in the eurozone is showing no signs of reversing its downward trend.
Consumer prices they rose 0,5% yoy in March. The euro falls for the fourth consecutive day to 1,380 on expectations of an intervention by the European Central Bank in support of growth.
The following banks are highlighted in Piazza Affari: Ubi leads the movement among banks with an increase of 6,8%, the bank announced a reorganization of the bancassurance business with partner Aviva.
Unicredit gains 5%, Intesa +4%, MontePaschi +2,5%. Banca Popolare di Milano +5%, Banco Popolare +5,5%. In the managed savings, Azimut recovers 3,5%, Mediolanum +3% , Banca Generali +3,5%.
Negative debut this morning in Piazza Affari for Anima: placed at 4,20 euros, the share is trading at 4,06 euros, down 3%.
In the area of treasury bonds, fresh from their appointments, Enel excels +3,3%. This morning Morgan Stanley analysts raised the target price to 4,2 euros from 3,85 euros, confirming the Overweight opinion.
Eni+1,5%. The subsidiary Saipem is up by 3,2%. The company announced that it has received from Total an order worth approximately 4 billion dollars for the construction of two floating platforms anchored in the Angolan sea.
It bounces Finmeccanica +1,7% after yesterday's crash. Telecom Italy gains 1,1% while the shareholders' meeting is underway.
Among the industrialists, Fiat earns 3,4%, StM + 1%. Brembo +5,4%. Among the medium caps Medium +11,92%. The Brescia holding company Charles Tassara is also preparing to sell the 15,35% stake held in the investment company which until a few years ago was led by Giovanni Bazoli, president of the CdS of Intesa SanPaolo, and is now chaired by a man close to him, Franco From Sega. To buy is theInvesting Trial by Carlo Bonomi. Among the holdings, there is 1,326% of Rcs Media Group as well as a stake in the biomedical Sorin and some small stakes in Intesa SanPaolo, Ubi Banca and Moncler.
