Piazza Affari exceeds the psychological threshold of 22.000 points and closes up by 0,43% (22.031), marking a new annual high. The Ftse Mib is the best among the main European lists, held back by the unexpected drop in German industrial production in June. Frankfurt's Dax 30 feels the pinch and stops in the red by 0,33%. In addition, Bafin, the supervisory body of the German Stock Exchange, opens a formal investigation against Daimler and Volkswagen for a possible infringement of the market disclosure rules, in connection with suspicions of a cartel agreement.
Shy Paris, +0,09%, better Madrid +0,17% and London +0,27%. On the macro front, the Fitch rating agency revises its growth estimates for world GDP upwards, estimating +3% for 2017 (from +2,9%) and +3,2% in 2018 (+3,1 ,XNUMX%).
Wall Street opens cautiously, with the thermometer of tension with North Korea showing fever. The Dow Jones seems tempted by a new record, it would be the tenth in a row. At the moment, the list of the 30 main American stocks is slightly above parity, as is the S&P 500; the Nasdaq is more tonic. Investor focus on companies' roundup of accounts continues. Warren Buffett's Berkshire Hathaway sell-off prevailed today after a decline in second-quarter earnings.
The euro-dollar exchange rate is 1,788 and marks a slight advantage for the single currency (+0,11%). Oil is nervous, falling back as the two-day event, today and tomorrow, in Abu Dhabi gets underway, where the OPEC-Non-OPEC technical committee is holding meetings on oil production and on the agreement to reduce output. Brent -1,62%, 51,57 dollars a barrel. No notable changes for gold.
The Italian secondary is stable: 10-year Btp 1,99%; spread with the Bund practically unchanged at 152.40 points (+0,2%). Close to the closing of the markets, the Treasury announces that it will make available to investors 6,5 billion euro in 12-month Treasury bonds in the auction scheduled for Thursday 10 August, against a maturing amount of 6,6 billion.
In the equity sector, some bankers stand out. In particular Unicredit +2,57% and Banco Bpm +2,52%, still in the wake of last week's news and accounts. It should be recalled that the good quarterly results pushed the main Milan listing by 2,36 in the last octave. In the sector Bper closed down -1,35%.
Poste Italiane +1,39% and Finecobank +1,07% rise in asset management. In fashion, Ferragamo +0,79% is well suited. Telecom puts and marks a rise close to .09%, after the president of Open Fiber, Franco Bassanini - writes Reuters - spoke openly of the purchase by the company or its shareholders, Enel or Cassa Depositi e Prestiti, of the network. Mediaset also performed well, +1,06%; according to some rumors, Vivendi would have agreed to transfer its Alfa shares exceeding 10% of the capital in a blind trust, renouncing the right to vote relating to these shares in all shareholders' meetings.
Among the oil companies, Saipem, +0,29%, on the assumption of an order worth about 800 million dollars in Oman. At the bottom of the basket is instead Tenaris -0,91%. Still sales on Luxottica -1,08%. Leonardo also down -0,75% and Prysmian -0,66%.
