Avanza Business Square +0,48% (FTSE Mib index 20.465) thanks to the push of some banks, luxury and industrial stocks. In fact, the signs of recovery of the European economy, including Italy, are multiplying.
In December, industrial production rose by 0,4% (better than forecasts) from +0,3% in November. Expectations were for an unchanged figure. The calendar-adjusted figure rose 0,1%, from -1,9% in November. Expectations were for a contraction of 0,7%.
Industrial production in France rose by 1,5% in December, well above the forecasts which indicated +0,4%. The Exchange of Paris advances by 0,3%. Salt too Madrid (+0,44%). Less brilliant Frankfurt (+0,14%). London loses 0,41%. Retrieve the Bag of Athens (+2,11%), but not Greek debt securities.
The price of Petroleum down 1,3% after gaining about 9% in the previous three sessions: Brent at 57,6 dollars a barrel.
Euro slightly down on the dollar to 1,128.
The market reaction to Mediobanca's quarterly report was positive (+1,8%), better than expected. Consolidated revenues rose to 1.014 million (+15,9%), group profits reached 261 million (against 251 expected). By June, he confirmed Albert Nagel in the conference call, the stake in Telecom Italia will be sold.
Salt too Mount Paschi (+1,4%) after rumors according to which some American funds are willing to subscribe to the next capital increase. Waiting for the communication in the afternoon of the end 2014 accounts, Understanding salt of 1,4%, Unicredit + 0,4% Banca Popolare di Milano + 1,5%.
He is recovering Telecom Italy (+1,1%): the US fund Blackrock rose to 6% of the company's capital.
The luxury stocks bounce: Ferragamo + 2,4% Tod’s + 0,2% Luxottica + 1% Yoox +1%. New big hit of Tip: (+2%) by Gianni Tamburi, one step away from the historic record set yesterday at 3,1350 euros. The company announced that it has purchased 490 ordinary shares Hugo Boss at a price per share of 102 euros, for a total investment of approximately 50 million euros.
Fiat Chrysler +1,5%. Mediobanca reiterated its Outperform rating with a target price of 13,20 euro. Given the growing demand for the Fiat Panda, the company has canceled the layoff day scheduled for February 23 in Pomigliano and has scheduled three Saturdays of overtime work.
Pirelli -2,4%, held back by the fall of Michelin , -5% in Paris after the data. Still weak Enel (-0,3%). Eni -0,3%. They bounce STM (+ 2%) and Finmeccanica (+ 1,5%).
