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The banks support Piazza Affari

Banks still stand out on the Ftse Mib, especially the popular ones - Istat: consumer confidence in May at the highest since 2010 - Real estate is doing well after Blackstone has made an offer for a portfolio of Italian state properties - The Treasury has placed all 3 billion CTZ expected at a yield of 0,786%, in line with the previous auction.

The banks support Piazza Affari

Piazza Affari remains at the top of the ranking of the European Stock Exchanges the day after the great boom. The index Ftse Eb it advances by 0,35%, to 21.570 points. TO Frankfurt the Dax gains 0,27%, while Paris loses 0,12% e Madrid salt by 0,3%. Brilliant London (+0,51%), stopped yesterday for holidays. To the City AstraZeneca loses 1,7% after Pfizer abandoned the idea of ​​a bid on the British pharmaceutical group. 

In Milan, the rise is favored by the data on Italian consumer confidence, which rose to 106,3 points in May, from 105,5 in April, the highest since January 2010.

Meanwhile, the Treasury has placed all 3 billion CTZ expected at a yield of 0,786%, in line with that of the previous auction. Demand grows: coverage ratio to 1,51 from 1,47. For the Boots semi-annual bonds at auction tomorrow forecasts are for a yield down to 0,50% and sustained demand. The yield of the BTP rises by three basis points to 2,99%, spread to 158. 

On the Ftse Mib, the banks are still in evidence. At the top of the basket of blue chips is always Banca Popolare di Milano, up 2,9%. In light in the category of popular also the Banco Popolare (+2%) and the Banca Popolare dell'Emilia Romagna (+ 1,5%). Monte dei Paschi salt by 3%, Understanding 1,4%. Unicredit +1,1%. Correct the Valtellinese credit (-1,7%), after the 400 million euro capital increase started yesterday.

Stocks in the real estate sector also rose well, after the news that the bottom Blackstone has made an offer for the purchase of a portfolio of Italian state properties, mainly offices but also barracks, for a value of 800 million euros. Aedes rises by 10%, Prelios +4% (Pirelli, -0,1%, confirmed its intention to sell shares in the company), Gabetti +4,3%, Igd +1,4%.

It goes up among industrial stocks Fiat (+2,3%) following the start of coverage by Barclays with a Buy recommendation. Mediaset is up by 2,2%: Berenberg confirms the Buy judgment with a target price of 3,65 euros (from 3,60 euros). In luxury it advances Tod’s (+1,1%), slow down Ferragamo (-0,5%). sapphire +2,6%: Moody's improved its rating,

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