FIAT TRAINS UPWARD BUSINESS PLACE
BANKS AND LUXURY SHINE
A stock market session without the City and Wall Street it has as much value as a Champions League final played by Primavera teams. Today, characterized by a soporific rise devoid of ideas, confirmed the rule: few trades, no correlation with theTokyo trend (strongly down), given that the bank holiday of the Anglo-Saxon markets has interrupted the global financial markets. Among the Milanese blue chips, the gains are widespread and the rise of Fiat stands out, which rises by 3,6% following some newspaper articles, starting from the Wall Street Journal, in which a forthcoming agreement with the US trade union is hypothesized to increase Chrysler's 100% stake. Fiat has been negotiating for months on the price of Chrysler shares (41%) owned by Veba, a health fund for employees and pensioners. Together with Fiat, Fiat Industrial also rose +0,8% and Exor, the Agnelli holding company, rose by 3,7%.
THEFtseMib index than by 1,38% to 17.130. In Piazza Affari, today was the day of detachment of the dividend for a dozen stocks.
On the market for government bonds goes up the Btp, trading at a yield of 4,08% with a spread at 263, down 6 basis points.
The others are also on the rise European stock exchanges: Paris +0,94%, Frankfurt +0,96% and Madrid +1,13%.
THEeuro it is stable against the dollar at 1,294.
Among others industrial titles, Finmeccanica rose by 1,7%, StM +1,11%, Pirelli +0,29%, Prysmian +1,33%.
In Piazza Affari they move well banks: Unicredit rises by 2,15%, Intesa +1,4%, MontePaschi +1,62%, Banco Popolare +1.99%, Ubi +1,71%.
Brilliant sector of managed savings. Azimuth +0,95%, Mediolanum +3,23%.
Between the insurance, Generali rose by 1,41%, Fondiaria-Sai +0,93%. Enel goes up by 2,1%, A2A shines again +3%. Telecom Italia +0,64%. Oil is down with Brent trading at 102,4 dollars a barrel (-0,2%) and Wti at 93,6 dollars (-0,5%). Nonetheless, Eni gains 1,41%.
From luxury stocks Ferragamo stands out, up 3,15% following an interview with President Ferruccio Ferragamo with the French newspaper Les Echos, in which he announces his intention to strengthen his presence in the USA.
