The Old Continent's stock exchanges are starting to close in negative territory on the eve of a weekend that promises to be hot: clashes are expected in Barcelona, Hong Kong is preparing for a new protest. The spotlights are on London where a new vote in Westminster on Brexit like not seen on a Saturday since the days of the Falklands War. In anticipation of the events, the stock markets, close to their peaks, are giving up some positions. Little move Business Square -0,07%, worse Paris -0,23%. Also in red London. On parity Frankfurt +0,06% and Madrid +0,14%.
To mark the session is the profit warning launched this morning by Renault-12%, one week after the dismissal of CEO Thierry Bolloré. Deutsche Bank cuts its rating to hold. It also misses out fca -1,6% already betrothed to the Régie. Brembo -1,6%. Pirelli -2,4%. Below Peugeot -1,5%, lower losses for the German car. bmw -0,17% Daimler -0,56% to 48,85 euros, Volkswagen -0,42% to 169,46 euros. Cnh Industrial -1,4%. Volvo loses 3,5% after announcing quarterly data.
The Stock Exchange is highlighted Istanbul, up almost 4%, following the announcement of the ceasefire in Syria. The Turkish lira appreciates for the fifth consecutive day.
THEeuro pound is up 0,1% to 0,865. The deputy governor of the British central bank, Dave Ramsden, today spoke of a rate hike, as a possible consequence of an agreement on Brexit.
Lo spread it drops to 128 basis points, below 130 basis points for the first time in 16 months. Petroleum WTI at 54 dollars a barrel, +0,5%.
Saudi Aramco has put a stop to the listing process, a few days after the listing: it seems that the postponement forward, to a date to be set, is motivated by the decision to include the data for the third quarter of 2019 in the prospectus. Eni + 0,5%.
It should be noted that, under the veneer of prices close to the maximum (thanks to the injections of liquidity and the cuts in the lows) it is not a good moment for risk investment also comes the second withdrawal of a freshman in two days: after Ferretti Yachting , this morning, given the lack of response, it suspended the listing process for RCF group, one of the major international players in the design and production of audio systems which should have made its debut next Tuesday.
In the banking sector Where's Banca +0,8%: The new shareholders' agreement formed by some historical shareholders has gained even more weight in the bank's shareholding, rising to around 17,8% of the capital, thanks to the entry of the Beretta family, shareholder with 1% of the capital. The shareholder Cassa di Risparmio di Cuneo would be in favor of a merger with Bpm bank -0,5%, also because there are good relations with the Cassa Risparmio Torino Foundation, a 1% shareholder of Banco Bpm. We also like the hypothesis of an aggregation with B for Bank + 2%.
Salt in managed Anima +1,4% which redefined the medium/long-term debt structure by placing a 300 million euro senior unsecured non-convertible bond with a 7-year maturity and closing a contract with a pool of banks for a 5-year credit line for the same amount.
Tim +0,5%. While awaiting the appointment of Salvatore Rossi si Tim as president, there is talk of the negotiation between Cassa depositi e prestiti, Enel and Open Fiber to reach an agreement on the network: Enel's CEO, Francesco Starace, would be willing to sell 50% of Open Fiber to interested infrastructure funds, such as Macquarie, Gic, Ardian-
Weak utilities. A2A -0,2% signed a letter of intent with the Ambiente Energia Brianza group to evaluate the creation of a possible partnership and the establishment of the Lombard pole of multiutilities. Italgas -0,8%. salt Terna +1%. Down Moncler -2,37%. Campari -1,5%
