Even with a slowdown in the final Piazza Affari, the only one among the stock exchanges in the Eurozone, closes on positive ground.
The Ftse Mib index closed at +0,46% at 23.211, halving the morning's gains, coinciding with the news of the exit from the recession.
In the red Frankfurt -1,05%, which is weighed down by the disappointing GDP figure for the first quarter. Paris also down -0,26%. Balanced Madrid +0,02%
Salt London +0,23%; the Bank of England's inflation report shows that the rise in British rates is not imminent.
The American stock market rises, with widespread increases in all segments. Dow Jones index +0,2%, S&P500 index +0,4%, Nasdaq index +0,5%.
The data on consumption released today, lower than expected, did not curb the upward push. Retail sales were flat in April, economists were expecting a 0,2% gain.
The turmoil on the bond market returned in the afternoon. The 10-year BTP weakened again, the yield rising by two basis points compared to yesterday to 1,86%, during the day it had fallen to 1,76%. The Bund trades at 0,68% (+1 basis point).
Brent crude futures are up 0,5% to $67,2 a barrel. Yesterday evening OPEC, the cartel of oil-producing countries, slightly revised its estimates for global demand upwards. Among oil companies, Eni -0,3% Saipem + 0,8%.
Shines in Piazza Affari the star of Moncler +9,3%, new all-time high: quarterly figures well above analysts' expectations.
They close higher Tod’s +0,6% and Ferragamo +2,4%, pending the quarterly published in the after hours. .
Down instead Luxottica e Yoox both -2,5%.
Among the industrialists FCA + 0,2% Finmeccanica + 1,4 %
The worst title is Mediaset -5%, worst blue chip: the company anticipated that advertising sales in Italy in the second quarter should show zero growth. HSBC downgraded the recommendation to hold this morning.
Among the banks leap of Where's Banca +5,2% on the day of accounts. Net profit rose during the quarter +30,6% for the year to 75,9 million. Net writedowns on loans fell by 4,2% year on year to 190,3 million.
Banco Popolare +2%. This morning Société Générale raised its rating to Buy from Hold. Net income was 209 million euros, compared to a loss of approximately 19 million in the first quarter.
