After Black Friday and a difficult start to the week, early afternoon Business Square cancels the losses and travels at the turn of the parity. Virtually no change also for the Stock Exchange Frankfurt, while London loses 1,18% e Paris earn 0,16%. The spread Btp-Bund is up slightly (223 basis points), above all due to the purchases which have lowered yields on German government bonds.
Among the best stocks of the Ftse Mib are Luxottica (+ 1,94%), Fiat (+ 1,77%) and Intesa Sanpaolo (+ 1,35%).
The purchases on the eyewear group were triggered by Bank of America Merrill Lynch, which raised the opinion on Luxottica shares from "neutral" to "buy". The same promotion had arrived last week from Deutsche Bank.
As for Intesa, CEO Carlo Messina confirmed the will to divest non-strategic shareholdings.
The securities of the two major Italian credit institutions (Unicredit +0,45%) are the only bankers to travel in positive territory, on a day dominated by the collapse of the cooperatives.
The worst performance is that of Banco Popolare (-12,01%), which discounts the loss of approximately 600 million euros recorded in 2013 and above all the 1,5 billion capital increase announced on Friday evening. There Consob has prohibited for today and tomorrow the short sales on the institute's shares.
Bad too Ubi (-3,83%) And Bper (-7,42%), which according to Equita analysts may need a capital increase in the coming months. On the title of bpm (-5,32%) weighs the announcement of Andrea Bonomi's exit from the shareholding structure of Investindustrial.
