After the rebound, a new collapse is coming for the European stock exchanges. The worst is Business Square, which about an hour after opening loses more than 4 and a half percent. Bad too Frankfurt (-2,75%), Paris (-3%) And London (-2,5%).
In Asia, the squares of Tokyo, Shanghai, Taiwan e Hanoi they are closed for national holidays. It's open though Hong Kong, which at the start lost 4,2% in the first few minutes of trading, slipping to the lowest level since June 2012, before recovering slightly.
Bank stocks are once again weighing on the Ftse Mib, hit by the umpteenth barrage of suspensions despite the fact that the Council of Ministers passed the decree yesterday evening which contains, among other things, the reform of the CCBs and measures for bad banks.
In particular, Ubi struggled to make the opening price with a theoretical -11% despite the 2015 net profit up by 33,2% (to 195,1 million) and the dividend of 37,5% (to 11 cents per share). The other popular ones are also bad (Pop Bank -4% Bper -3,8% bpm -2,3%) on the day in which the Lazio Regional Administrative Court should rule on the appeals against the reform which requires these institutes to transform themselves into Spas.
It's not better for the big names: Unicredit -2,9% Understanding -3,2%. Still sales up Ps -2,6%. Mediobanca -2,5% despite first-half earnings exceeding expectations (+23%, to 321 million euros).
At the bottom of the Milanese price list they also travel Buzzi Unicem (-4,1%), Cnh Industrial (-4%) And Ferrari (-3,8%). fca -2,2% Finmeccanica -3% Telecom Italy -2,7%.
Another drop for the Petroleum, with the price of the Wti barrel slipping below 27 dollars and Brent losing 32 cents to 30,52 dollars a barrel. The Milan Stock Exchange suffers Eni (-1,9%), Saipem (-1%) And Tenaris (-1,5%), which in any case limited the damage.
As for the debt market, lo BTP-Bund spread it rises to 150 basis points, with the yield on the Italian 1,68-year bond at XNUMX%.
On the currency side, theeuro trades at 1.1329 on the dollar.
