Once the obstacle of the Fed has passed, the European stock exchanges resume their ascent, under the impetus of the Tltro loans. There third auction ended with an injection of 97,8 billion euros, more than double expectations. The Stoxx 600 index is up 0,4% to 400,7 points, a new high in the last 8 years.
A Business Square the Ftse Mib index rose by 1,2%, to 22.853 points. Paris e London are up 0,1%, Madrid by 0,7%. It just goes down Frankfurt (-0,11%).
THEeuro it weakened against the dollar (to 1,0668) after three consecutive days of strengthening: yesterday, in fact, there was a strong appreciation of the single currency against the American one following the soft tones of the Federal Reserve on interest rates.
The star of shines on the market Enel (+3%), the best blue chip, trailing the 2014 results and from the indications on the new business plan: the group closed the year with a net result of 517 million euro (-84%) which was affected by asset write-downs of over 6 billion. The Board proposes a coupon of 0,14 euro over 2014. In the update of the strategic lines, Enel announces a new dividend policy with a payout of 50% in 2015 and with an annual +5% up to 65% in 2018.
Also prominently featured Pirelli (+3%) later plan unveiled by Corriere della Sera: Marco Tronchetti Provera, together with the other controlling partners, would launch a takeover bid together with an Asian partner on the Bicocca company, to delist it and start its reorganisation. Later, a spin-off of industrial tires cannot be ruled out, specializing the group only in high-end tyres.
The oil workers earn: Eni + 1,4%. Saipem +2,4%. Brent-type oil loses 1% to 55,3 dollars a barrel. positive Telecom Italy (+0,6%) awaiting the decision on 2014 profit. Banks and automotive companies are back on the road to the rise. salt Unicredit (+ 2,6%). Understanding + 1% MontePaschi + 3% Where's Banca +2,5%. It bounces Fiat Chrysler + 2%.
