THE CHALLENGE OF THE QUIRINALE IS GOOD FOR PIAZZA AFFARI +0,63%
GERMANY BRAKING, NEGATIVE DATA ON WALL STREET
Positive session for Milan Stock Exchange: the index Ftse Eb it closed up 0,63% at 15.480 points.
In Europe, London around parity, Paris + 0,10% Frankfurt loses 0,5% and slips to the new lows for the year; Moody's confirmed the triple A of Berlin but with a negative outlook. Zurich reversed course, after a morning in negative ground it rose by 0,6%.
Meanwhile, Wall Street worsens following the release of two surveys on the state of the US economy. The Nasdaq lost 0,83%, the S&P500 0,47% and the Dow Jones 0,41%.
The leading indicator elaborated by the Conference Board on the basis of a series of leading indicators fell by 0,1% in March from the 0,5% rise in February, economists expected a less heavy slowdown, they estimated +0,1% on average .
Piazza Affari, the best, is betting on the prospect that the long political stalemate is finally winding down.
On the market for government bonds the Btp Bund spread rose above the psychological threshold of 300 points, during the morning it had dropped to 292 basis points.
In Piazza Affari, the increases are widespread among all sectors. Among the best titles there is Lottomatica, up 3,87% after Exane raised its recommendation to outperform from neutral.
Positive ones banks, thanks to the holding of the Btp. Unicredit rose by 1,8%, Banco Popolare +2,82%, Popolare dell'Emilia +1,92%, Intesa +0,64%, MontePaschi +0,93%.
Little did she move insurance: Generali +0,32%, Fondiaria-Sai -1,96%.
Bright Mediolanum + 0,8% after the positive indications on the business provided by the vice president Massimo Doris.
Among the industrial. Fiat +0,29%. Finmeccanica drops by 0,41%, Prysmian continues to fall -2,02%.
StM loses 1,34% on the day of the collapse of Nokia, down 10% after the results of the first quarter.
In luxury/retail, Luxottica + 2,68% Tod’s + 0,1% Ferragamo + 1,78%.
Mediaset rises by 1,89%.
The other titles in the media sector fall: Espresso -1,8% Rcs -6,8%. In February, investments in advertising in Italy fell by 17,7%, according to Nielsen data.
Positive Enel +1,92% and Eni +0,41%.
Telecom Italy retreats by 1,01%.
Among the minor titles, Recordati, Geox and Cementir stand out with increases of more than 2%.
