The outcome of Catalan elections it weighs on the European Stock Exchanges which, once again, have made the wrong predictions. Mostly misses Madrid which leaves just over a percentage point on the ground. Under shot the credit: Banco Sabadell e Caixabank, the institutions most exposed to Catalonia, and which moved after the referendum on independence, lost more than 3%. Down Santander, Bankia e BBVA.
Business Square it lost 0,3%, the Ftse Mib index above 22.100 points in a session with reduced volumes. Also in red Frankfurt (-0,1%) And Paris (-0,3%). On positive ground London (+ 0,1%).
Today's council of ministers will deal with the appointment of Giuseppe Vegas' successor at the top of the Consob: among the candidates there are Marco Buti and Mario Nava, the favourite.
THEeuro it weakened on the dollar to 1,185, from 1,187 yesterday, in any case recovering: during the night it had dropped to 1,182. Great attention of the markets today for US data on inflation and consumer sentiment.
Sul bond market the emotional reaction of the markets to the Catalan vote lasted just over an hour, resulting in an expansion of the peripherals on Germany including the BTP. From 149 basis points at yesterday's close, the gap between Italian ten-year (yield 1,91% +2 points) and German Unchanged at 0,41%) is still around 150 basis points.
La manufacturing business confidence it fell slightly in December to 110,5 from 110,7 in November, but consumer confidence rose to its highest level since January 2016 in the same month.
A very positive year ends for the managed savings. Based on the data of monthly map of Assogestioni, net flows stood at €7,8 billion last month, up from €6,8 billion in October. Over the 11 months, the budget shows a positive balance of 95 billion.
Featured this morning Soul Holding (+3,82%) celebrating the binding agreement with Poste Italiane (+0,08%) for the partnership in asset management.
Change the geography of the syndicate pact of Banca Mediolanum (-0,20%)vwith the exit of Fininvest which, in the previous agreement, had contributed 25,5% of the capital. In the new Agreement, published today, approximately 40,2% of the voting rights were conferred, i.e. all the shares held by the Doris family.
Banking sector in decline with steeper declines for B for Bank (-1,22%) And Unicredit (-1,05%).
It deserves a separate discussion Banca Carige, in volatility auction after a drop of 10,89%. Given the full success of the capital increase, the market discounts the disappointment for the partial subscription by the shareholder Malacalza Investimenti up to 23% compared to what was previously announced (28%).
At the end of the morning it returns to positive ground Saipem (+0,27%), held back at the start by the news of a defeat in an international arbitration with Sinatrach: the Italian company will have to pay 135 million dollars. Tenaris +0,5%. Little move Eni +0,07% . The six-legged dog signed an agreement with the Kazakhstan Ministry of Energy and with KazMunaiGas (KMG) for the transfer to Eni of 50% of the rights to exploit the subsoil for the exploration and production of hydrocarbons in the Isatay block in the Mar Caspian.
Mediaset +0,12% after the award of the rights to the World Cup in Russia.
