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The Stock Exchange recovers its share: Campari, Ferrari and Banca Generali sprint

After yesterday's profit-taking, all the stock markets rebound – Popular banks slide in Piazza Affari but Campari gains 4,4% thanks to accounts – Banca Generali (+4,3%) and Ferrari (+3,6, 0,27%) – The FtseMib catches its breath (+XNUMX%) – Recordati and Yoox also do well

Campari, Banca Generali and Ferrari closed the session in Piazza Affari on the podium which, although slowing down in the final, stops up by 0,27% at 21.486 points. The European context is also in tune: London +0,57%; Frankfurt +0,43%; Paris +0,28%. In red only Madrid, -0,42%. Wall Street opens positive, with Nasdaq and S&P500 which, in the middle of the session, are on track to close on new all-time highs, while the fear index in the US falls to its lowest level in 25 years. This is the Chicago Board Option Exchange's Vix Index, which measures the short-term turbulence on the S&P 500 implied by stock options. Since it was introduced in 1992, it has only been three times lower than it is today. 

The climate of trust favors the strengthening of the euro and the dollar against other currencies, especially on safe-haven currencies such as the Swiss franc and the yen. However, the single currency is losing ground on the greenback and the euro-dollar cross right now at 1,088, -0,34%. Gold loses appeal: -0,71%, 1217,6 dollars an ounce.

Oil on the swing, in red after the opening of the American lists: Brent 48,81 dollars a barrel (-1,07%), Wti 46,10 dollars (-0,71%). 

Another negative session for the Italian secondary, in line with the European sector and with investors who seem to focus on the ECB's monetary policy prospects after Emmanuel Macron's victory at the Elysée wiped out, at least temporarily, fears about the future of the Eurozone. The spread of the Italian 2,62-year bond with the German Bund rises by 184.40%, 2,27 points; yield XNUMX%. "The outcome of the French vote has greatly reduced the political risk Mario Draghi has repeatedly referred to - IG strategist Vincenzo Longo told Reuters - paving the way for an announcement at the June meeting and for a more concrete maneuver by the end of the year ”.

In Piazza Affari a series of titles take off, on the wings of good quarterly, starting with Campari + 4,43% e Banca Generali +4,32%. In Ferrari rallies, +3,65%. The prancing horse is set at a gallop by a positive report from Banca Imi, which sets the new target price of the stock at 85 euros. 

Fashion rears its head, after yesterday's setback, with Ynap +2,47%; Ferragamo +1,55%; Moncler +1,09%. Well Luxottica +1,39%. Oil companies do not seem to suffer too much from the trend of black gold: Eni +1,03%; Saipem +0,08%; Tenaris +0,14%.

Among the utilities, Italgas stands out +1,65%. Fractional increase for Terna, +0,61%, with the excellent quarterly result. 

Purchases also focus on Brembo +1,55% and Recordati +2,03%.

Financial in no particular order. Azimut continues its positive series, +1,68; While Banco Bpm slips to the bottom of the list -5,06%. Bad Ubi, -1,95%. Bper also dropped 0,79%, while the increase in Unipol's stake in the Modena bank to 10% would not yet have been confirmed. Positive Fineco +0,66% and in the red Banca Mediolanum, -0,7%, after the accounts for the quarter. 

Outside the main basket it closes well a day in Pininfarina dust, +3,9%, which signed a 70 million deal in Iran. Rcs also rose, +3,55%, after quarterly results in line with plan. 

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