The Exchange of Milano it is one step away from the maximum for the year, so far set at 22.500 points: the Ftse Mib index marks 12 at 30. Thus continues the rally of super Mario, as defined by the Financial Times. Even the Stock Exchange Frankfurtmarks new all-time highs: the Dax index rises by 0,2%, to 11524 points. Almost unchanged Paris (-0,04%), down Madrid(-0,11%) And London (-0,15%).
Euro still down against the dollar: the exchange rate breaches the 1,10 threshold and slips to the new low since 2003 at 1,0964, from 1,103 yesterday evening. In a dive also the spread: the one between the 10-year BTP and the German Bund drops to 92, the 1,25-year yield drops to a new all-time low of XNUMX%.
La Greece repaid the first tranche (310 million) of an IMF loan maturing in March. Operators are waiting for the data on labor market in the US, one of the key elements that can influence the Fed in choosing when to act to raise interest rates and which today could trigger new jolts on the dollar.
In Piazza Affari the banks are doing well, starting with the Popolari, while the reform is progressing: B. Pop. Milan + 1,4% Banco Popolare+ 1, MontePaschi + 3% Unicredit + 0,6% Understanding +0,7%. Some medium caps stand out: Brembo +4%, after the good results, Exane raises the target price to 33 euros from 29 euros, the recommendation is Neutral. Mondadori rises by 4,7%: today the RCS board of directors could give the go-ahead for the sale of the book division to the Segrate-based company.
Saras earn 2,5%. Among the leading industrial stocks, Fiat Chrysler + 0,3% StM + 0,1% Pirelli +0,6% and Finmeccanica-0,2%. Telecom Italy +0,4%: Mexican financier Sol Trujillo is back in the limelight, apparently organizing a consortium of private equity funds to take over the Italian company.
