Banks weigh on Piazza Affari. Mid-morning the Ftse Eb travels in the red by about one percentage point, dragged down by the securities of credit institutions.
The worst is to Bank Pop Milan (-2,95%), followed by the shares of Intesa Sanpaolo (-2,23%), Banca Pop Emilia Romagna (-2,13%) e Banco Popolare (-2,06%). Bad too Unicredit (-1,88%), Mediobanca (-1,78%), Ps (-1,93%) And Ubi (-2%). To weigh on the sector is the analysis announced by the ECB on the accounts of 128 European banks, 15 of which are Italian.
In reality, there are no particular elements of surprise in the list of criteria announced by Frankfurt, which will ask for a common equity ratio of 8% for all the banks involved and will use the EBA's harmonized definition for non-performing loans.
“It's the sentiment on the market that has changed – explains a trader -. The new rules show nothing of concern for Italian banks at a systemic level, but could impact some mid-cap banks. It probably serves as a pretext to take profit after the recent rally.
However, the worst title on the Milanese list is that of stm (-6,8%), sunk by the revision of the targets and by the accounts for the quarter, which recorded a net loss of 142 million dollars, following write-downs of 120 million. According to the chairman and CEO Carlo Bozotti there was a "performance above the market", which however was "warmer than expected".
They travel against the trend Gtech (+ 1,8%) and Campari (+ 1,15%).
At the European level, strong sales also on the Stock Exchange Madrid (1,69%). Losses of less than one percentage point per Frankfurt (-0,5%), Paris (-0,72%) And London (-0,5%).
