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Ferrari and Telecom inflame Piazza Affari

Ferrari's record accounts make the title fly (+7,4%) and all those of the Agnelli galaxy while the white-hot duel between Vivendi and Elliott at Tim's meeting gives both Mediaset and Telecom itself sprint – Piaxxa Affari queen of Europe – Wall Street is also running on the wave of the American occupation, which has never been so strong for 17 years

Ferrari and Telecom inflame Piazza Affari

European stock markets close the week up, supported in the final by the change of pace of Wall Street after the data on full employment in the USA.

Business Square achieves the best performance, +1,12%, 24.335 points, and returns to the highest level since 2009, with Ferrari launched at full speed, after the record quarterly presented yesterday. The stock, which was suspended in a volatility auction during the session, appreciated by 7,71%, reaching 113,80 euros per share. Then they move Exor +3,15% and fca +3,24%, the latter also supported by a positive report from Goldman Sachs. Securities owned by Vivendi come recorded significant increases Mediaset +2,8% and Mediobanca +2,1%, while Telecom, +2,15%, celebrate the victory of the Elliott Fund in the meeting over the French: 10 seats on the board of directors, against 5 for Vivendi. Among the blue chips, Moncler closed in the red again today, -2,27%, despite archiving a first quarter with revenues up 20% to 332 million, equal to an increase of 28% at constant exchange rates.

Weak Ferragamo -0,45%; Generali -0,24% (which presented its accounts today), Leonardo -0,68%; Understanding -0,08%.

Negative closes thebond, with cautious investors waiting to understand which outlet the new round of consultations scheduled on Monday by the President of the Republic Sergio Mattarella will offer. The yield on the 10-year BTP rises to 1,8%; the spread with the Bund widens to 125.30 basis points (+3,73%).

In the rest of Europe: Frankfurt +1,02%; Madrid +0,65%; Paris +.026%; London +0,86%; Zurich + 0,75%.

New York stocks open weak, but reverse course after April jobs report. Jobs created are lower than expected, but the unemployment rate falls more than expected, to a 17-and-a-half-year low, settling at 3,9%, in a framework of full employment. Furthermore, there is a slowdown in average hourly wages, a dynamic that could moderate inflationary pressures and influence the choices of the Fed.

Among the giants of Wall Street Apple rises, thanks to the bite of Warren Buffett. According to rumors, the financier bought shares and became the third largest shareholder in Cupertino.

THEeuro it remains below 1,2 against the dollar, reaching 1,193 (-0,41%). On the currency front, we should note the slight recovery of the Argentine peso (+2% against the greenback), but at the cost of a third rise in the interest rate, 40%, in one week by the Central Bank.

Petroleum recovering, Brent +0,81%, 74,22 dollars a barrel.

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