Le Bags try to recover after Black Monday, though the drop in the price of oil does not stop: Brent settles below 52 dollars, Wti trades at less than 49 dollars.
A Business Square the Ftse Mib index rose by 1,09% to 18.386 points. Ahead of Paris +0,43% Frankfurt +0,06% is in balance. Down Madrid -0,32%. Heavier was the drop in London -0,93%, still recovering after a heavy start. The euro is unchanged against the dollar at 1,1910. On the bond market, another record for the German Bund arrives, the 3-year yield drops by 0,48 basis points to 1,25%, the 6-year yield drops to 1,82% (-2 basis points). The BTP has not moved much , yields 1,992%. The US T bond also fell below XNUMX% (XNUMX%).
On the macro front, the index of purchasing managers of companies disappoints services and of the manufacture of the Eurozone elaborated by Markit. In December, the indicator came in at 51,4 from an initial flash reading of 51,7, the consensus expected it at 51,7 from 51,1 in November. In the release, Markit says that based on the data collected, the GDP of the euro area should have grown by 0,1% in the fourth quarter. In Piazza Affari Eni defends itself +0,4% while Saipem loses 0,3%. Tenaris rebound +1,3%.
Among the utilities, Enel gains 1,9%: UBS has decided to include the stock in the list of favorites in the euro area (European Key Calls List), maintaining the Buy rating with a target price limited to 5 euros from the previous 5,15 euros.
Among other utilities Snam loses 0,8%. Ubs cut the recommendation to Neutral from Buy, reduced the target price to 4,25 euros from 4,55 euros. Triad +0,1%.
Enel Green Power +1,3%: the Canadian bank RBC has started hedging with an Outperform recommendation and a target price of 2,4 euro.
They also bounce the banks: Unicredit +1,3%, Intesa +2,5%, Ubi Banca +0,7%. Banca Popolare di Milano rises +2%, Mediobanca +0,8%. Carige's run continues +4,29% at 0,0608: the market is betting on the entry of Andrea Bonomi who could take over the 20% stake held by the Foundation.
Back to approaching 10 euros fca +2,27% to 9,68 euros. The rebound was favored by the excellent Chrysler sales figures in the USA and broker promotions. Morgan tanley reiterated overwieght by raising the target from 13 to 14 euros. Keple Chevreux resumed coverage of the stock with a hold judgment (target price 10 euro).
in the rest of the list Telecom Italy rises by 1,4%. Mediaset loses 1%.
Among industrial companies, Finmeccanica -1,3%.
