La Spain sold bonds maturing in 2014, 2015 and 2017 for €2,22 billion, more than the maximum target of €2 billion, against a good question. But as expected had to deliver higher rates. The average two-year yield jumped to 4,706% from 2,069% in March, that of the 5-year to 6,072% from 4,96% in May and that of the 3-year to 5,547% from 4,876%.
However, the outcome of the offer gave oxygen only to Piazza Affari, which started on the sly afterwards Federal Reserve decisions. In Milan the FtseMib index, which had opened at -0,4%, on a par with London and Frankfurt (Paris -0,2%), marks +0,31% at the end of the morning, at 13.775 points. London (-0,45%), Frankfurt (-0,37%) and Paris (-0,25%) remain negative. Madrid also marks -0,17%.
On the government bond market, the BTP marks a yield of 5,67%, down from 5,73% yesterday. Spread contracting to 403 points (-9 basis points).
They regain altitude the banks, all in positive ground. Banco Popolare scores +0,53%, preceded by Bpm with +1,28% and Monte Paschi with +2,23%. Intesa (+0,78%) and Unicredit (+1,23%) are also on the rise after the actions of the Libyan partner. Mediobanca rises by 2,55%, Generali by 0,69%.
On positive ground the Agnelli stable: Exor +0,53%, Fiat Industrial +0,39% and Fiat +0,15%.
The Rome labor judge ordered Fiat the hiring of 145 workers enrolled in Fiom in the Pomigliano d'Arco plant. “The judge – declares the lawyer Franco Focareta, who is part of the board of defense of Fiom – essentially recognized the behavior of Fiat as discriminatory, which, having already employed around 2.200 people in the Pomigliano newco, has not hired any enrolled in Fiom".
On the Milanese price list, the descent of Mediaset, which lost 2,49% after Goldman Sachs' decision to lower the target price to 1 euro. Significant drops among oil companies who suffer from the drop in crude oil to the lows of the last 18 months. Eni drops by 0,61%, Saipem 1,19%, Tenaris 1,08%.
Among the stocks in negative ground too StM (-0,35%) And Telecom Italy (-0,27%). On shields Diasorin (+ 4,17%) and A2A (+ 4,31%).
