After the last two nightmare sessions, Wednesday of the European Stock Exchanges is off to a good start. Waiting for Greek Prime Minister Alexis Tsipras to present Athens' new proposal to international creditors today to avoid default, about an hour after the opening Business Square rebounds 0,5% and then accelerates to 1,9%, doing better than Frankfurt (+ 0,12%), Paris (+ 0,30%) and London (+ 0,2%).
The bad news from Asia has been ignored for the moment in the old continent, where the very strong declines of the Chinese market (Shanghai -5,9%) also overwhelmed the rest of the oriental stock exchanges (Hong Kong -8% Tokyo -3%).
No significant change for the exchange rate euro-dollar, which remains stable at 1,101. The Btp-Bund spread was also unchanged, standing at 164 basis points, with the yield on the ten-year Italian bond at 2,25%.
Among the individual titles of the Ftse Mib, it shines Saipem (+1,6%) after yesterday's drop following bad news from competitors Technip and Gazprom. Well too Tenaris (+ 1,43%), Buzzi Unicem (+ 1,41%), Banca Monte Paschi Siena (+1,34 after the abyss of the last sessions) e Banca Pop Emilia Romagna (+ 1,28%).
Instead, they are positioned at the end of the Italian price list Salvatore Ferragamo (-2,69%), Tod'S (-2,35%), Yoox (-1,66%), Fiat Chrysler (-0,72%) And Azimut Holding (-0,71%).
