The European Stock Exchanges retreat a few hours from Fed verdict on rates. Discounted the increase of a quarter of a point. Attention will go to what Fed chair Janet Yellen will say at the press conference: investors await possible indications of subsequent increases in the cost of money in 2017. Euro stable against the dollar and 1,062.
Meanwhile, the rush of Piazza Affari slows down, held back by banks. In the meantime, the conflict over Mediaset is picking up (+5,25%). The index Ftse Eb in the middle of the session it marks a drop of 0,2%, just below 18.700 points. They do worse Paris (-0,6%) And Madrid (-0,7%).
The Swiss Actelion collapses (-10%) after the American Johnson & Johnson declared that it had withdrawn from the talks for the purchase.
Il Petroleum it fell with Brent crude down 1,7% to 52,3 dollars a barrel. Eni (-0,1%) is almost unchanged despite three brokers having raised their target prices. Jefferies (confirms Hold) raises to 13,25 euros from 12,25 euros. Rbc (Outperform confirmed) raises to 18 euros from 17 euros. Credit Suisse (Otperform confirmed) raises to 15,9 euros from 15,5
Among other oil companies, Saipem + 1,4% Tenaris unchanged.
Il BTP at 10 years it offers a yield of 1,81% (from 1,87% yesterday). Spreads down to 148, the lowest since November 8th.
Everlasting at the center of Mediaset's attention, after Vivendi raised its stake to 12,3% (but there is a bet that it will rise to 20% by Christmas). Fininvest presented a complaint for market manipulation against the French to the Milan prosecutor's office and in turn bought shares, rising to 38,2% of the capital (39,7% of the voting rights).
Telecom Italy, indirectly involved in the dispute over Mediaset (Vivendi is the leading shareholder of the telecommunications company), rose by 1,5%.
Fight the banks. Unicredit fluctuates with variations ranging from +3,5% to -3% after yesterday's surge. At 12 the share fell by 45%.
On the rise Banco Popolare (+ 3,3%) and bpm (+3,4%) a few days after the longed-for wedding. The rally was accelerated by the Exane Bnp Paribas report: the two institutions, according to the broker, remain among the favorites in the national banking scene. The broker also considers the recent speculations around the adequacy of NPL coverage levels to be groundless, which weighed on the performance of the securities.
Breath of fresh air also for Carige (+5%) after the one-month extension (to 28 February) granted by the ECB for the presentation of the strategic plan.
Contrasted the main stocks of the industry: StM +0,4% and Fiat Chrysler + 0,3% Leonardo -0,2% and Prysmian -1,1%.
Enel drops by 0,9%, even weak Terna (-0,7%) And Snam (-0,9%).
Moncler retreats by 0,6%. Kepler Cheuvreux raised the target price to 18,5 euros from 17 euros, confirming the Buy rating. Tod’s + 3%.
Avanza Salini Impregilo (+3,4%). In sharp decline Amplifon (-2,6%): HSBC cut the Hold da Buy recommendation, lowering the target price to 9,20 euros from 10,90 euros.
