Waiting for the ECB's announcements on the quantitative easing, the Stock Exchange Milano it is up for the sixth consecutive day, with the Ftse Mib index gaining 0,6%, above the 20.000 mark (20.103). In negative ground it is Paris (-0,20%) either Frankfurt (-0,40%). Instead they advance Madrid (+ 0,52%) and London (+ 0,28%).
On the currency market theeuro it is unchanged against the dollar, at 1,1619. The spread between the Bund and the BTP, it drops to levels not seen for 5 years, at 115 basis points. Germany's 0,54-year bond weakens, with the yield rising to 2% (+1,69 basis points), while the Italian XNUMX-year bond trades at XNUMX%.
On the domestic front, Istat announced that in November the index of orders to industry it fell month-on-month by 1,1%, down from +0,1% in October. On an annual basis, orders fell by 4,1%: this is the worst figure since August 2013.
In Piazza Affari, oil companies and utilities lead the rises, while the thrust of the Popolari slows down. Eni salt of 1,3%, Saipem by 6%, best stock in the Eurostoxx 600 index, Tenaris by 2%. The Petroleum Brent type is unchanged at 48,9 dollars a barrel. Enel gains 0,7%, supported by the promotion of Rbc to Outperform by Sector Perform. Saras +3%.
Among the popular, still on the rise Banca Popolare dell'Emilia Romagna (+2,5%). Effervescent the Popular of Etruria (+12%). Little moved there Banca Popolare di Milano e Where's Banca. Don't worry the other banks: Understanding -0,1% Unicredit + 1% MontePaschi + 1,4%.
Among the insurance companies it stands out Catholic (+2%). positive Telecom Italy (+0,6%): the first major maneuvers are underway in view of the exit of the former Telco shareholders. The hypothesis of a system operation is making headway, with the Cassa Depositi e Prestiti as the protagonist.
Mediaset rises 1,5% after denials of Champions League rights deals with Sky. Among industrial companies, Finmeccanica rises by 0,9%: Hitachi too, after Insigma, presented a binding offer for the railway activities.
Sixth raise in a row for StM (+0,5%), slightly down Fiat Chrysler (-0,2%). In the luxury segment, Ferragamo loses 3%: Société Générale cut the rating to Sell. Tod’s falls by 2%.
