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Mps, Telecom and Eni limit the red light of Piazza Affari

Stock exchanges still very volatile: Piazza Affari closes slightly lower (-0,07%) due to losses in bank stocks, except MPS which recovers more than 4% - Oil companies, Telecom Italia and Mediaset also do well - Azimut collapses - The FtseMib it remains below 18 thousand basis points.

At the end of the session, the rebound of the lists ended which in Europe closed in contrast: the Ftse Mib slipped below par -0,07% remaining below 18 thousand points, Paris -0,11% while Frankfurt rose by 0,24% and London stops around parity +0,09%. The Btp-Bund spread closed up again at 140 basis points and a yield of 1,57%.

On Wall Street, the indices are moving cautiously in positive territory: the Dow Jones rises by 0,31%. Oil prices are on the rise with the WTI rising 3,11% to 45,14 dollars a barrel in the wake of production disruptions due to a fire in Canada and Libya, where violence is on the rise. The euro-dollar exchange rate was 1,14059, down by 0,69%. On the macroeconomic front, new applications for initial unemployment benefits rose to 274, more than expected. Tomorrow's agenda will be the publication of complex unemployment data.

At Piazza Affari Mps +4,03% is the best share on the day of the approval of the accounts. On the table the bad debts dossier and the use of a special platform in collaboration with Mediobanca.

Second best stock is Telecom Italia +2,96% on the wave of the good results of British Telecom, followed by Mediaset +2,55% after the better than expected results of the subsidiary Mediaset Espana. Supported by the price of oil, Tenaris +2,47% and Eni +1,94% stand out, replacing Total in the European Focus List.

At the bottom of the Ftse Mib banks and asset management: Azimut -5,44% which paid for results below expectations in the first quarter of 2016, Banco Popolare -4,89%, Ubi Banca -4,12%, Anima -3,53, 3,31% and Mediobanca -2016%. Attention on the banking front is concentrated on the Veneto Banca shareholders' meeting. The ad Carrus: we go to the stock market because we are seriously ill. Forecasts on Veneto Banca's performance in 15 cannot be communicated to shareholders today "because they will appear in the information prospectus in 1,94 days" he added. Consob has requested that the board of directors be convened within a week. Intesa, guarantor of the capital increase, yields 1,42%. Unicredit yields XNUMX%. Results for the quarter are expected on Tuesday.

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