I Apple's fabulous accounts and better-than-expected results some European banks, see Crédit Suisse and the Spanish BBVA +3,9%, favoring a robust recovery in prices. In Milan, the most effervescent Stock Exchange, the Ftse/Mib index it rose by 3% to 14.652, while on the government bond front the Btp - Bund spread remained below 390. The London Stock Exchange rose by 0,44%, Paris +2,55%, Frankfurt +2%. Madrid grows by 2,5%.
Sul government bond market today the offer of 3 billion is expected Waist to 32 years. Tomorrow it will be Italy's turn again with the Bot offer at 6 months for 8,5 billion, against maturities of 9,35 billion, and Friday, with 1,5-2,5 billion Btp 5 years, 1,5-2,5 billion Btp 10 years.
The good tone of the markets is supported by Apple's accounts, the giant that weighs 4,3% in the S&P index. In post-exchange trading, the Apple stock shot up 8% on the wave of the quarterly: revenues jumped up 59% to 39,2 billion dollars, against an average of analysts' forecasts of 36,8. 11,6 billion. Profit nearly doubled to $23 billion, XNUMX% higher than analysts' estimates.
In Europe the biggest increases in Europe are gods car titles (Stoxx of the sector +2,2%), of tech (+1,3%) and of banks (+1,3%).
Fiat gains 3,2% like Fiat Industrial +3,2%, Pirelli scores +1,9%. In 2014 Fiat will expand the production capacity of the Changsa plant in China and will be able to consider the possibility of exporting it. "For now we are focused on the Chinese market, which is more than enough for the 140 cars we plan to produce initially," he said Jack Cheng, general manager of the joint venture between Fiat and the Chinese partner GAC, in an interview with the monthly magazine Quattroruote. “Then, let's say from 2014, we will bring the total capacity of the Changsa plant to 300 units a year, and then we might consider exporting,” he added.
Go on, among the techs, the recovery of StM , up 2,4% also thanks to the "buy" of Société Générale. On the contrary, UBS has lowered the target from 6 to 4,6 euros.
Back off Prysmian -1,5% due to the decrease of the competitor Nexans -6%.
The banks advance: Unicredit +4%, Intesa +2,9%, Banco Popolare +4,2%, Ubi and Pop Milano +5,2%, MontePaschi +3%. Last month's durable goods orders will be released this afternoon in the US. In the evening, after the closure of the European markets, Ben Bernanke will illustrate the decisions taken by the FOMC, the Fed's monetary policy committee. No interest rate interventions are envisaged.
Positive Telecom Italia +3%. Telecom Italia Media flies +7% after the CEO Giovanni Stella, during the meeting, anticipated that on the occasion of the presentation of the first quarter results, scheduled for May 9, the company could announce the entry of a new partner. Stella added that the new partner could be chosen in a competitive auction.
