Stock markets rebound, driven by macro and quarterly data. I'm on the rise Paris (+1,18%), driven by the excellent results of Société Générale (+8%, best blue chip of the Cac 40) and Frankfurt (+1,28%). Well Madrid (+ 0,61%). London + 0,23%.
Business Square advances by 0,72%, trailed by Mediobanca accounts (+3%, again above 10 euros), which announced this morning the purchase of the majority of the British Cairn Capital. Revenues (+12%) exceed two billion for the first time. Even the proposed dividend, 0,25 euro from 0,15, is above market expectations.
Also good Generali (+0,7%): Mediobanca CEO Alberto Nagel reiterated that the investment is strategic. Not even the investment in Italmobiliare will be sold: "It will be interested - said Nagel - to follow the transformation of the financial company after the exit from Italcementi".
Up more than 1% Banca Popolare dell'Emilia Romagna. Just above Where's Banca, Banca Popolare di Milano e Mount Paschi grow by 0,9%. It follows Intesa Sanpaolo, which appreciates by 0,7% after yesterday's sell-off. Looking forward to the announcements Unicredit (+1,76%) after this afternoon's board meeting. Positive intonation for Banca Carige (+ 3,9%).
Lo spread between 111-year BTPs and their German equivalents it drops to 114 points, against 1,79 at yesterday's closing, for a rate of 813% after the positive outcome of the auction in Greece. The country has in fact refinanced itself today on the capital market by raising 2,97 million euros in six-month Treasury bonds. The yield remained unchanged at 3,265%. Germany, on the other hand, placed 5 billion euros of 0,04-year Bobl with a rate down to 0,17% from 1% on XNUMX July.
Going back to Piazza Affari, bad Telecom Italy (-1,1%) after the accounts of Tim Brasil, which closed the second quarter with a net profit down by 20,5% after net revenues which were 6% lower than the Bloomberg consensus. The announcement of the agreement with Mediaset will arrive today.
Avanza Exor (+1,135): the Politico.com site reveals that Rothschild intends to oppose the growth of the Italian financial company in the Economist. Fiat Chrysler +0,6%.
In decline Yoox (-0,52%) And Atlantia (-0,65%). The landslide never stops Trevi (-6%).
