Volatile day and unchanged closure for Piazza Affari. The spread closed at 227 basis points. Standard & Poor's confirmed Italy's sovereign rating at BBB/A-2 level and the outlook remains negative. The main European Stock Exchanges were weak and moved little: Madrid unchanged (+0,01%), Paris -0,23%, Frankfurt -0,12%, London -0,08%.
Traders' eyes are on next Wednesday's Fed meeting following the recent string of positive macroeconomic data and the US budget deal. However, Wall Street opened slightly higher. In the US, producer prices fell for the third month in a row in November, marking a drop of 0,1% compared to October. Coca Cola in the spotlight after the announcement of the plan to reorganize activities in North America. The euro trades at around 1,372 dollars and at 141,8 yen, Wti oil loses 1% to 96,36 dollars a barrel.
In Piazza Affari Autogrill rebounds +3,6% and Snam also shines +2,7% on the rumors about the sale of a minority stake in Italgas and after Ubs raised its rating to buy from neutral.. Luxottica also did well +2,78%, Mediolanum +2,04% and Campari +2,03%. Mediobanca rises by the possible increase to 8% of the share of Bollorè which together with another shareholder could acquire the shares put up for sale by Groupama. Ubi Banca +0,26%, In the red Unicredit -0,69%, Banco Popolare -1,19%, Bpm -0,34, Intesa -0,18%. Mps -3,28% ends up at the bottom of the Fise Mib and pays for the clash between the Foundation and the Board. On the front of the revaluation of the quotas, Minister Saccomanni today in a hearing in the Senate affirmed that the revaluation of the quotas of the Bank of Italy will have a capital benefit for the shareholder banks in 2014.
Buzzi Unicem -2,61%, Gtech -2,35%, Prysmian -1,48%, Stm -1,46%. Last session for Diasorin +0,6% and Parmalat which on Monday will give way to Yoox (+0,96%) on the Ftse Mib. Monday is also the day of the landing on Moncler's list after the IPO which sold out. Cir rises by 5,3% on the rumors of Corriere della Sera about a possible merger of the subsidiary Sorgenia with Edison. Kr Energy leaps 17% thanks to the joint venture with Khalid Al HamedGroup in Abu Dhabi.
