Final with the redemption by Piazza Affari which, after a volatile session and a brief downturn in the afternoon, regained momentum and closed at +0,3%. Other European Stock Exchanges also closed higher: Paris +0,4%, London +0,22%, Frankfurt +0,48%. The lists rise thanks to the support of Wall Street which moves upwards at the end of Europe. The Dow Jones rose by 0,43%, the S&P500 by 0,18%. The Nasdaq is down -0,15%. While conditioned by concerns for Ukraine, with the United States having imposed new targeted sanctions on 7 individuals and 17 companies close to Russian President Vladimir Putin, the price lists benefit from the M&A whirlwind that has swept through pharma and is spreading to industry. He runs Pfizer after confirming that it has made an offer of almost 100 billion dollars to take over the British AstraZeneca.
However, the latter announced that "the board of directors has evaluated the request, but in the absence of a specific and attractive proposal has concluded that it is not appropriate to start negotiations". Bayer flies on the German list also supported by the accounts of first quarter: net profit of €1,42 billion, up 22,7% on an annual basis, above market expectations. Returning to the USA, macro data has also done well: the compromises for US existing home purchases rose 3,4% to 97,4 in March, beating analysts' expectations, and the Dallas Fed's business activity index rose to 11,7 in March .4,9 points from 100 points in February. Wt oil is stable at 1,3844 dollars a barrel, the euro trades against the dollar at 0,07 (+XNUMX%).
The Btp-bund spread is slightly rising to 164 points. Well, however, the appointment with today's auction of 6-month bots. The Treasury has placed all 7 billion euros of Bots at 6 months. Rates rose slightly to 0,594% from 0,504% in March but demand remained solid even if it slowed down to 1,61 from 1,66 (coverage rate). In the morning, Istat announced the index of consumer confidence in April climbed to 105,4 from 101,9 the previous month. This is the highest level since January 2010.
Instead, clouds over Berlin where, says the Bundesbank in its monthly bulletin, economic growth "will slow down significantly" in the second quarter compared to the first which showed decidedly vigorous dynamics. In Piazza Affari highlighted Buzzi Unicem +2,12%, Ubi Banca +1,97%, Telecom Italia +1,45%, Mediaset +1,43%. The spotlights have turned on the Alfa Romeo both for the agreement with Prisa for the purchase of 56% of Digital Plus together with Telefonica and for the hypotheses of a concrete interest by Al Jazeera and Vivendi for Mediaset Premium. The annual meeting is held tomorrow. Leo is also warming up, falling by 1,33% in anticipation of Wednesday's annual meeting. Il Leone makes its debut in catastrophic bonds and has stipulated a reinsurance contract with the Irish Lion Reinsurance for a period of three years which will cover the possible catastrophic losses suffered by the Italian group following storms in Europe. At the bottom of the Ftse Mib Autogrill -2,1%, Prysmian -1,7%, Cnh Industrial -1,42%, Yoox -1% and Mediolanum -0,85%.
