After yesterday's slide caused by Cyprus's no to the measures to unblock the international bailout plan, today the European stock exchanges are posting a mini rebound. Mid morning Business Square earn 0,4%. The other main squares were also positive:Frankfurt + 0,6% Paris + 0,7% London + 0,4%.
In the same minutes it spread Btp Bund remains at 330 basis points, a value which corresponds to interest rates on our ten-year bonds equal to 4,73%.
THEeuro on the other hand, it remained at a four-month low on the dollar at the start of the day on the currency markets. The single currency trades at 1,2885 compared to 1,2881 at yesterday's close.
Among the blue chips of the Milan Stock Exchange, the most prominent is bpm, which travels up by more than four and a half points. The wave of purchases was triggered by news arriving from the Management Board, which yesterday approved the guidelines of the project which "could lead to the transformation of the Bank into an innovative joint-stock company, while preserving the principles of cooperation and mutuality".
Among the best titles in Piazza Affari are also Mediaset (+ 4,35%), Banca Pop Emilia Romagna (+ 3,96%), Ansaldo Sts(+ 2,18%) and A2a (+1,87%). Bad instead Fiat (-2,27%), Saipem (-1,71%), Prysmian (-1,34) Finmeccanica (-1,07%) AndParmalat (-0,69%).
