Piazza Affari peak -2,38% hit by the profits after the long period of increases and dragged down largely by the banks on the day in which the ECB announces the start of stress tests in November and the criteria that will be adopted. However, widespread sales on banks throughout Europe with the lists closing in negative territory: Paris -0,81%, Frankfurt -0,31%, London -0,32% and Madrid -1,8%. However, Spain has emerged from recession for the first time in two years.
It also worries the financial situation in China with the main banks in the country which have seen a significant increase in the number of non-performing loans, now at 1% of GDP.
Lo Btp-bund spread it rose slightly to 234 basis points with a yield of around 4,11%. Eurostat today released data on the second quarter debt-to-GDP ratio of the Eurozone which rose to 93,4%, with Italy at a record 133,3%. Germany placed the last auction for 2013 of thirty-year bonds for 1,665 billion against an offer of 2 billion and a demand for 2,255 with an average yield that rose to 2,64% from 2,47% three months ago, the highest since October 2011.
Wall Street starts in negative territory and pays some negative quarterly like that of Caterpillar with oil dropping 1,36% to 96,96 dollars a barrel. Gold fell 0,72% to $1,333 an ounce. On the macro front, the Labor Department announced that the prices of imported goods in the United States increased slightly in September, with a seasonally adjusted +0,2% compared to the previous month, a figure in line with analysts' expectations.
At Piazza Affari worst stock is Stm which collapses by 9,56% after the quarterly which saw revenues rise by 3,9% to 2,01 billion dollars (excluding the wireless activities, deconsolidated with the spin-off of the St-Ericsson joint venture) and a net loss of 142 million dollars. Bad too A2A -6,81%. But no stock is saved on the Ftse Mib: they all close in negative territory. Among the best, Diasorin and Gtech -0,09%. Collapse for the banks: Mps-6,49%, Bper -5,99%, Banco Popolare -5,51%, Unicredit -3,32%, Intesa -2,61%, Ubi -3,71%.
Unipol -4,92%, after IVASS, the Institute that supervises insurance, asked to "simplify and lighten the sector of structured securities".
La Juventus recorded a progress of 3,7% in anticipation of tonight's meeting with Real Madrid.
