European stock exchanges recover after a morning down. Business Square the worst remains: the Ftse Mib index falls by 0,58% to 21.191. In negative ground also Frankfurt -0,13%, Paris gains 0,42%, London. In Madrid, the index marks +0,37%.
Of note is the march of the BTP, a few hours from the probable early closure of Btp Italia. the 3,12-year yield fell to a new all-time low of 3,17%, from 160% yesterday. Spread with the Bund down to XNUMX basis points.
The decline continueseuro, dropped against the dollar to 1,380, from 1,382 at last night's close. Gold and oil lose share. In particular, the metal, bought in the past few days on the wave of the Ukrainian crisis, dropped this morning to 1305 dollars an ounce (-1,7%). A day full of quarterly reports on Wall Street, where Intel, Coca-Cola and Yahoo numbers arrive. Johnson & Johnson ended the first quarter with EPS of $1,64, above expectations ($1,47).
Weighs in Piazza Affari the abrupt descent of Banca Monte Paschi (-8,89%), after the news that the capital increase will be 5 and not 3 billion. Among other banks, it is down Banco Popolare (-0,67%), still negative Pop.Emilia (-1,89%) And Ubi (-1,62%), Unicredit (-1,59%) And Understanding (-1,5%). It bounces bpm + 1,97%. Generali drops by 0,68%, UnipolSai + 0,22%.
The bowl market the appointment of Mauro Moretti in Finmeccanica (-3,51%): operators predict that the arrival of the former CEO of the Railways will mark the change of course on the divestments of the Transport sector. The subsidiary Ansaldo Sts, indicated for months as ready for sale, lost 3%. There are no significant changes related to other government instructions: Eni + 0,49% Enel -0,55%.
Sharp decline of Telecom Italy (-2,13%), despite news that the company has put the towers up for sale in Brazil. Heavy Fiat, down by 1,84%, Pirelli also falls -1,38%. Prysmian +0,32% has won an order worth over 250 million euros from the Dutch and German electricity grid operator, TenneT, to connect wind farms located in the North Sea to the German mainland.
It bounces StM, +1,28%. On the other hand, luxury sales are back: Tod’s + 0,3% Ferragamo -0,6% Yoox -0,56%. Finally shine Campari (+1,04%), after the acquisition of Fratelli Averna for 108 million euros.
