EXCHANGES HOLD DOWN WAITING FOR THE MINUTE
CAPITOMBOLO OF FONSAI, ONLY STM SHINES
Business Square it closed the session down, after having failed in an attempt to recover which had brought the index to -0,2%. . In the end, the Ftse Mib index lost 0,72% to 16.877 points.
It gets worse London -0,97%, also under braking for Paris -0,34% and Frankfurt -0,13%, both in positive ground up to half an hour after the close.
Lo spread between BTPs and Bunds 250-year bonds exceeded 252 points during the day, reaching the top at 4,36 points for a 247% yield on Italian XNUMX-year bonds. In the final he returned to XNUMX points.
Today Germany sold €4,092 billion of new two-year government bonds at auction with an average yield of 0,23%, up from 0,07% in July. The bid was 1,81 times the amount bid.
even the Portugal it sold one-year government bonds with falling rates and rising demand. The Portuguese Treasury assigned 700 million euros of 12-month bonds with an average rate of 1,619%, down from the 1,72% of the previous auction. The bid was 2,2 times the amount bid, up from 1,8.
Il dollar is strengthened witheuro traded at 1,338, up from 1,341 at last night's close.
A Wall Street the Nasdaq Composite recorded a slight improvement (+0,01% to 3.614 points), the other US stock exchanges continued the session down: the Dow Jones fell by 0,19% to 14.973 points and the S&P fell by 0,66%.
American stock exchange weak in the first part of today's session in a climate of caution awaiting the publication this evening of the minutes of the last Fed meeting.
Around 17,15 Italian time the Dow Jones loses 0,35%, lo Standard & Poor's 500 0,30%; substantially flat instead the Nasdaq, with a -0,05%.
Il US real estate market sent other positive signals. In fact, sales of existing homes in the United States grew in July to their highest level in almost four years: the indicator recorded an increase of 6,5% to 5,39 million units, precisely the maximum since November 2009, beyond expectations by analysts at 5,15 million units.
Meanwhile, theIpo of the year: Twitter. According to the New York Post, negotiations are underway with some banks for an initial public offering that could arrive in the coming months. The Twitter platform is estimated to be worth 10 billion dollars.
It shines in Piazza Affari StM which marks an increase of 1,98%. Mediaset +0,87% and Exor +1,15% also performed well. Fiat +0,41%.
They improve in the final le banks which now show very contained declines: Unicredit drops by 1,21%%, Intesa Sanpaolo -0,39%, Banca Popolare di Milano -1,82%. Monte Paschi up +2,67%.
Among the worst blue chips there is Fondiaria Sai -3,55%.
The descent continues Finmeccanica -2,1%.
Italcementi was also negative -2,9%: Crédit Suisse reduced its recommendation from outperform to neutral and cut its target price from 6,8 to 5,9 euro. It is the sixth consecutive session down.
