At the end of the session Business Square find the road to gains and archive the last session before the Easter break with +0,4%. Despite this, the other main European Stock Exchanges were also positive tensions in Ukraine. The glimmer of a possible compromise under discussion in Geneva and some results from the big names in American finance ease the pressure on the lists. Paris +0,59%, London +0,62%, Frankfurt +0,62%.
Btp-bund spread it is broadly stable at 161 basis points. The sixth issue of Btp Italia closed successfully today. The total amount issued was 20,564 billion and the Treasury resorted to early closure both for the retail placement of the past few days and for the institutional placement today. The security, indexed to Italian inflation (Foi index, excluding tobacco), with maturity date on 23 April 2020, offers a definitive annual (real) coupon rate of 1,65%, paid in two half-yearly coupons.
Indices on Wall Street are flat and impacted by some mixed quarterly results. In the eye of the storm is Google in particular, which drops more than 3% after the disappointing accounts for the first quarter. Instead, financial stocks such as Goldman Sachs did well, beating expectations with revenues of 9,33 billion and net profits of 2,03 billion dollars (-7,8% on the year) or 4,02 dollars per share. The consensus indicated earnings of $3,49 a share on revenues of $8,7 billion.
Good macroeconomic data. Jobless claims increased slightly but still remained at a seven-year low. In detail, applications increased by 2 to 304 against expectations for 315 requests. The Philadelphia Fed index rose to 16,6 points in April from 9 points in March. A leap that displaced analysts who estimated an improvement of only 10 points. The euro moved little at 1,3830 dollars and Wti oil rose by 0,73% to 104,51 dollars a barrel.
She registered in Piazza Affari the good performance of the financial sector: Bpm +4,8% which continues the rebound after the sell-off triggered by the daring story of the rejection of the governance reform in Saturday's meeting. The bank has obtained the green light from Bank of Italy to proceed with the capital increase on schedule. Mps rises by 2,81%. The board of directors was convened tomorrow and the market expects a resolution to raise the capital increase to 5 billion from 3. Mediobanca +2,49%, Azimut +2,42%. Unicredit + 0,08%. The bank today filed a listing application for FinecoBank. Going against the trend in the sector and among the worst in the Ftse Mib is Banco Popolare -2,04%. Today, Consob's communications on relevant holdings lifted the veil on UBS's movements in the capital: with an operation dated April 9, the Swiss institute rose to 3,827% of the capital and then immediately reduced the stake the following day to 2,699%. Bad also Bper -1,77%.
Astm also stands out on the Ftse Mib +2,21%. At the bottom of the main list we find Campari which loses 3%, Autogrill -2,8%, Luxottica -0,97%. Parmalat +0,48%. Today the meeting approved the amendments to the statute with only the favorable vote of Sofil (Lactalis).
