FLAT PRICE LISTS BUT THE FLIGHT OF MPS CONTINUES
HIGHLIGHTS STM AND YOOX, WAITING FOR THE BOT AUCTION
Closes in positive ground Business Square in a day of adjustment of the price lists: Ftse Mib +0,33% at 22502.
La London Stock Exchange falls by 0,02%, Paris +0,13% and Frankfurt +0,2%. Madrid falls -0,1%
Il OECD leading indicator anticipates positive developments for the Italian economy in the coming months. Industrial production in Italy also grew in April +0,7% on the previous month, better than expected (+0,4%).
On the government bond market, the BTP retreats slightly after the recent gains of the last few days: the yield rose to 2,77%, from 2,70% yesterday, the spread is at 137 (+5 basis points). Tomorrow the mid-month auctions will start with the offer of 6,5 billion BOTs: the six-monthly could fall below 0,5%.
In the aftermath of the third all-time high in three days, the American Stock Exchange is down slightly: the Dow Jones loses 0,15%, the S&P500 0,2% and the Nasdaq ll 0,2%.
The yield on the 10-year Treasury bill climbs 4 basis points to 2,64%, maximum of the last month. Between today and Thursday, the United States is auctioning up to $62 billion of three-, ten- and XNUMX-year bonds.
Il dollar it is strengthening against the euro which falls to 1,3546, from 1,359 the previous evening.
They move in random order the securities of the Ftse Mib 40 basket.
The rebound of Yoox +2,1% stands out, once again linked to the events of the British Asos, the luxury ecommerce benchmark: Goldman Sachs has included the stock in the buy conviction list, with a positive effect that has been transmitted to the company meat sauce.
On the other hand, Moncler -1,9% and Safilo -2,3% are down.
StM + 1,6% stands out among the industrial stocks.
Pirelli falls by 1,2%, Cnh Industrial -1,1%, Fiat advances by +0,3%, unchanged Finmeccanica.
Banks move in random order. Carige takes off +7,5% following the placement of a tranche of capital by the Foundation. Banca Popolare di Milano falls back the most -2,5%.
Unicredit goes up +0,7%, Intesa drops -0,2%. Consistent decline Consistent declines for Banco Popolare -1,6%, positive Ubi +1%.
A separate discussion, as usual, deserves it Monte Paschi Bank. The share, which never made a price during the day due to excessive distance between the offers, marks an increase of 19,91% (-7,35% rights) while the share listed in Germany trades regularly at 2,57 euros (-19,94%). The anomaly could continue for a long time to come and it is not excluded that it could last for the entire subscription period of the capital increase which will end on June 27 with the rights negotiable until the 20th.
Lastly, the bank sold non-performing loans for 500 million to the American Fortess.
On the other hand, the other capital increases in progress suffer: Italcementi -4,2%, Banca Pop.Sondrio -3,1%.
Positive Enel +1,2%, after Starace's interview with the Financial Times in which the manager reaffirms his desire to reduce the debt. Atlantia also rose +0,7%. A2A loses 1,2%.
Eni rises by 0,2%. Saipem advances by 0,4%. Lastly, Telecom Italia remained unchanged.
