Profit taking on European public squares in the aftermath of the 130 billion agreement on Greece. The Ftse Mib loses 0,08%, the Dax 0,58%, the Cac 0,21% and the Ftse 100 0,29%. Wall Street instead travels slightly up at the end of the European indices in the wake of good corporate data: il Dow Jones rises by 0,35% to 12.986,99 after reaching 13 points during the day for the first time since 2008, the Nasdaq salt of 0,53%.
Lo Btp-bund spread it settles down to 345 with a yield of around 5,36% after falling to 336 during the day. The differential between the Spanish Bonos and the Bund travels at 315 basis points and that between France and Germany at 104 points. The euro is confirmed in the 1,3260 area against the dollar.
The profit-taking weighed on the stock markets after the markets had already discounted the optimism on the success of the agreement in recent days prevent Greece from defaulting (but the uncertainty of the early elections in April remains in Athens) and caution on the economic scenario. Eyes are already looking at the growth prospects of Europe which must be placed at the center of the political agenda. Then there is the front heat of Iran which pushed oil prices up to 105 dollars a barrel to their 9-month high. Vitol, the leading independent oil trader, expects the barrel to rise to $150.
Meanwhile, in the Eurozone the preliminary index measuring consumer confidence rose to -20,2 pts in February, in line with expectations. In January the indicator stood at -20,7 pts.
FINMECCANICA RUNS ON THE RAILS
THE INTEREST OF THE FUNDS PUSHES BMPS
On the Ftse Mib runs Finmeccanica +11,76% (protagonist of a leap of 16% on Friday thanks to the order in Israel which yesterday gave way to profit taking) in the wake of the news that Ferrovie Italiane and Fondo Strategico Italiano could become shareholders of the subsidiary Ansaldo Breda, as part of a plan by our Government to create an all-Italian supply chain in the railway sector.
Highlights too Lottomatica +4,20% recovering on possible favorable developments relating to the new tax decree. Fight the banks. Purchases on Bmps +8,84% in the wake of rumors of strong interest from private shareholders and private equity funds for 15% of the institution put up for sale by the Mps Foundation while the hypothesis of Alessandro's arrival is strengthened Profumo as the new president of the bank. Bper +5,68% and Bpm +4,62% also performed well, also rising on the prospect of the cancellation of the per capita vote on the popular ones.
UNDERSTANDING, WEIGH THE POSSIBLE COUPON CUT
IMPREGILO, CERCHIAI (ATLANTIA): POSSIBILISTE ON AGREEMENT WITH GAVIO
Intesa Sanpaolo leads the declines -2,36% on fears that the institute will cut the dividend. Unicredit -1,31% is also in the red. Among the worst reductions there are then Autogrill -1,44%, Luxottica -1,57%, Fiat Industrial -1,39% and Impregilo -1,78%. As for the open match on the construction group between Gavio and Salini, the president of Atlantia and director of Impregilo, Fabio Cerchiai, said he was "possible about an agreement with Gavio".
FONDIARIA DOWN BUT IN ONE MONTH
UNIPOL, POSSIBLE BOD THURSDAY
The speculative movements around the Ligresti galaxy push Fondiaria Sai down 6,43% however, after a record rally of 140% in one month while the subsidiary Milano Assicurazioni, protagonist of a double-digit rally yesterday, today also leaves room for profit taking (-1,89%). There is no official call yet, but Unipol board meeting should be held on Thursday -2,31% to take stock of the maxi merger project with the Ligresti galaxy. Yesterday the Bolognese group presented the application to Consob for the exemption from the mandatory takeover bid and announced its intention to present a complaint on anomalous movements on Fondiaria Sai.
