Banks and oil companies support Piazza Affari, which closes a fluctuating week on the upside 0,63%, 22.857 points, in an uncertain political climate and waiting to know the new judgment from Moody's and Fitch.
Fractional earnings for the other European lists, with Wall Street well intoned at the start, even if the breakfast remains indigestible in Tiffany, which travels in sharp decline due to the flop of sales in stores open for less than a year.
In Europe: Frankfurt +0,36%; Paris +0,29%; London +0,34%; Madrid +0,79%. Inflation slows in the euro area (1,1% in February against 1,3% in January), while the stars and stripes economy in the same period is better than expected, industrial production is on the rise and consumer confidence growing. The climate slightly weakens the euro and the exchange rate with the dollar drops to 1,228. The prospect of an accommodating monetary policy by the ECB for the long term supports bonds instead. The yield of the 10-year BTP falls to 1,9%, the spread with the Bund is little moved at 132.30 basis points.
Stable They, at 34,4 euros per gram, while the Petroleum travel to the rescue. Brent +1,27%, 65,95 dollars a barrel; wtf +1,62%, 62,24 dollars a barrel.
The rise of black gold encourages stocks oil of Piazza Affari. Among all, Eni stands out, +2%, also following 2017 accounts and dividend up to 83 cents (+3,75%). Well Tenaris +1,58% and Saipem + 0,91%.
In other sectors they are on the rise Post office, +1,57% and Pirelli + 1,26%.
There is one of the best blue chips of the session Intesa Sanpaolo, +1,95%, the spearhead of the credit sector which celebrates the ECB's soft addendum. Outside the main list, it closes in a rally Bank Ifis +7,79%, specialized in SME financing.
In the red area of the Ftse Mib he stops again Atlantia, which loses 2,54%. Sales also prevail over Cnh -1,58%; Italgas -0,61% Mediaset -0,61%; Recordati -0,58%.
Slight progress for telecom, +0,42%, while the battle between the Elliott fund and Vivendi takes shape.
Finally, construction is under pressure on the Stock Exchange, with Salini Impregilo up sharply +9,99%, after accounts in line with expectations, e Astaldi down -5,62%, after the confirmation of the project to increase the capital up to 300 million euro.
In an interview with Corriere della Sera, commenting on the 2017 results, the chief executive officer Pietro Salini ruled out the group's interest in Astaldi and Condotte, a construction company undergoing financial restructuring.
