BAGS ON THE COROLLASTER, THE BTP RECOVERS. PRYSMIAN AND AZIMUT PUSH THE MARKET
A session on the roller coaster ends in positive territory. The Ftse Mib index closed at 22.842 with a rise of 0,80% ahead of Frankfurt +0,62% and Madrid +0,31%. In negative territory Paris +0,30% and London -0,67% pending the election result. Great volatility throughout the session for the government bond market: the Bund once again under fire, which recorded the largest increase in a single session since 2012. BTPs and Bonos are holding up better. The Italian 1,77-year bond drops to 118% at the close, the spread narrows to XNUMX basis points.
Clarified, hopefully decisive, in the Greek negotiations. Eurogroup President Jeroem Djissembloem said debt renegotiation "is not a taboo". Meanwhile Yannis Varoufakis declares himself optimistic. The US stock market is up after the good data on unemployment benefits: the S&P500 index +0,5%, Nasdaq +0,54%, Dow Jones +0,1%.
The e-commerce giant stands out Alibaba: +7% after quarterly accounts. The tension on rates and the dollar on Wall Street is curbed. The 2,20-year Treasury yield falls to 2,24%, from 1,125% yesterday, when it reached the highs of the last seven weeks. The US currency strengthens against the euro which drops to 1,134, from XNUMX at yesterday evening's close. Yesterday the euro was pushed to the highs of the last two months against the dollar.
Piazza Affari is making progress on the wave of some excellent quarterly reports. Lead the race Prysmian +6,7%, at the end of the best session of 2015. The cable group has provided a forecast of 2015 Ebitda at 560-610 million euros. In the first quarter, revenues, according to a press release, recorded an organic growth of 5,9%, to 1,753 billion euros.
Also good Azimuth +3,7% to 28,09 euros. The group announced that it closed the first three months of 2015 with a net profit of 128 million (+250%) and performance commissions of 97 million from 17,6 million in the same period of 2014 (+108%). The company reports it's the best quarter in its history.
Banks are also clearly visible. Among the Popular stands out the leap of Bper +5,27% ahead of Ubi +5,012% and al Banco Popolare + 2,28%. Understanding + 2,13% Unicredit +1,49%. Reacts well in the day too Generali +2,88%. Back to growing too Fiat Chrysler +2,19%. The negative notes come from oil stocks, penalized by the decline in Brent (-2%): eni -1,53% Tenaris -3,52%.
