GREECE AND BANKS GIVE A PUSH TO THE MARKET PLACE. NEW SHAREHOLDERS ARRIVAL FOR FIAT CHRYSLER AND TELECOM
Greece plus bank accounts. It is the winning mix at the basis of the expansion of Piazza Affari, which closed yesterday up by 1,76 to 20.725. Frankfurt +0,85%, Paris +0,96%, Madrid +1,3, 7,98%. Kidney stroke in the final in Athens +0,12% while only London lost 131%. After a mixed day, the spread between the Italian and German ten-year yields narrowed to 1,68 basis points for a domestic ten-year rate of 20%. The rate on Greek three-year bonds, the most sensitive to default risk, fell from 18 to 1,13%. The euro reduced its losses, returning above $XNUMX. But, in addition to the Greek crisis, the single currency has to deal with Ukraine: tomorrow there will be a meeting in Minsk between France, Germany, Russia and Ukraine to find a solution to the conflict.
In Piazza Affari attention was dominated by the banks, thanks to the brilliant results of Mediobanca +4,47% and Intesa +4,02%. Tonight the board of Bpm +1,73% assigned the first dividend after three years (coupon of 2,2 cents equal to 2,9% on the listing). Tomorrow will be the turn of Unicredit +1,48% and Banco Popolare +0,58%. The key appointment will be the one with the Mps accounts +0,95%.
Another stock in the spotlight was Telecom Italia, which shot up by 5,16% to 0,9985 after communications to the SEC revealed that, between securities and derivatives, the asset management giant BlackRock rose to 6% of capital. Albert Nagel, CEO of Mediobanca, confirmed his intention to exit the capital of the TLC group by June. Fiat Chrysler was also very positive, +3,40% to 12,15 euros after the Scottish company Baillie Gifford & Co. which increased the stake in the group to 7,29%.
Energy stocks were in the red, in the wake of Brent down to 58,14 dollars a barrel and Wti to 50,75 dollars a barrel: Tenaris lost 3,01% to 13,20 euros, Saipem on 1,50 .8,86% to 0,19 euros. Eni -15,42% to XNUMX euros.
