Business Square he took a breath and, aided by some profit taking, closed down by 0,54% (at 23.300 points) after a run of six sessions in which he gained more than 8%.
Stable it spread, which stops at 95 basis points (-0,163%), with a 0,50-year BTP rate at +15%, after having touched new historic lows during the session. On Italian paper the Draghi effect continues to be felt, in fact since the President of the Republic Sergio Mattarella gave the former ECB president the job, the spread has fallen by XNUMX basis points.
The other European exchanges are contrasted: Frankfurt -0,34%; Paris +0,1%; Madrid -1,22%; London +0,1%. Overseas Wall Street started down, but the Nasdaq soon found the momentum to move into positive territory and update its record high, driven by Apple and Netflix. Overall, the picture is varied, but little changed after the recent records.
However, the rally does not stop Bitcoin, which reaches new heights exceeding 48 dollars and is currently gaining 7,3%, trading at 46.971 dollars. It was Tesla who put the turbo into the cryptocurrency engine, which yesterday announced that it has invested 1,5 billion dollars in the virtual currency and is ready to accept payments with this system.
Il dollar is slightly down and the euro takes advantage of it to rise by 0,4%, bringing the exchange rate to 1,21. The price of oil strengthens, after the gains of recent days, with Brent at 60,84 dollars a barrel (+0,23), at pre-pandemic levels. Gold increased to 1838,55 dollars an ounce (+0,24%).
The macroeconomic page is scarce. For Italy, Istat reports a drop in industrial production of 11,4% in 2020 and this is the second worst result since the beginning of the historical series (starting from 1990), after the fall in 2009. Germany records instead a drastic drop in the trade surplus, down for the fourth consecutive year. The positive balance between exports and imports amounted to 179,1 billion euros (+16,1 in December). The 9,3% drop in exports and the 7,1% drop in imports compared to 2019 were the sharpest on a year-on-year basis since the 2009 crisis.
The numerous quarterly releases during the day also contributed to determining the mood of Piazza Affari, including those of important blue chips such as Moediobank (+ 0,92%), Finecobank (-2,17%) And Buzzi (-0,61%).
Among the most prominent titles are Diasorin, +2,93%, which rebounds after recent declines, Post +1,21% and Amplifon +1,33%. Energy, in particular, in cash Eni +1,08% and Saipem +0,98%. Bucking Tenaris -1,78%.
Ferme Leonardo, -0,03%, despite the announcement that Canadian satellite company Telesat has contracted Thales Alenia Space to build 298 low-orbit telecommunications satellites (LEOs) in a deal worth about $3 billion. The first launch is expected in about two years.
Thales Alenia Space (Tas) is a joint venture between the Italian company and the French company Thales.
Sales penalize nexi -3,127% and utilities. Enel -2,54%; A2a -2,22%; Terna -1,8%; Ivy -1,67%; Snam -1,63%.
Banks in no particular order: Bper loses 2,09%; Bpm bank 0,88% salt. Weak Understanding -0,14% and Unicredit -0,53%, while outside the main basket Ps it is colorless, after yesterday's 19% jump. The Sienese bank denies that it is studying the issue of subordinated bonds and, as regards the interest of international funds, specifies that so far only the Apollo fund has requested access to the data room.
Archive an effervescent session the Credit Emiliano, +7,52%, with a quarter better than expected. During a conference call with analysts, the general manager Nazzareno Gregori returned to the merger hypothesis. 'If external opportunities arise, which we continue to actively explore and carefully evaluate, we will be happy to seize them.' Intesa Sanpaolo's analysts write in today's report that "Credem has confirmed that it is a solid and high-quality bank".
