BUSINESS PLACE OVER 20 THOUSAND POINTS. RECORDS IN NEW YORK
A2A LEADS THE RACE FOR UTILITIES. BPM ALSO FLY
Business Square recaptures the hole again the 20 thousand, and closes the session at 200122 +2,06%, at the highs of the day under the push of Wall Street.
La Paris Stock Exchange rose by 1,1%, Frankfurt + 0,8% London +0,3% To the daughter of the operation of Janet Yellen at the meeting in Jackson Hole it rained overseas excellent data from the manufacturing PMI, at its highest level for 4 years, and from the drop in weekly requests for unemployment benefits, which fell for the first time in seven years below 300 units. The S&P 500 Index advances to a new high, at odds of 1, the Dow Jones up 0,45% ì, the Nasdaq unchanged.
The dollar is at a seven-year high, gold slips to $1275 an ounce. The BTPs are still trading on new lows at 2,583%.
In Milan, the best square on the Old Continent, the recovery of the stocks most penalized in the last few sessions took place, starting from the cooperative banks with Bpm at +6,7%. Also in evidence were Unicredit +2%, Intesa +2%, Mediobanca +2,2%.
It does even better the utilities, in particular A2A, even up by 8,1% pending measures, with the imminent Sblocca Italia decree, which should favor the reorganization of the universe of municipal companies to the sound of M&A. The race in the sector can also be explained by the drop in the cost of debt (100 million for the sole utility controlled by Milan and Brescia).
Iren advances by an abundant 6%, Acea + 6,3% and Hera, supported by the expectation of the results that will be approved by the board of directors on August 27th. Irene +6,6%. Other utilities also rose. Enel reports an increase of 1,5%, Snam +2,6% and Atlantia +2,2%.
Telecom Italia also recovers ground +2,5%. The rumor spread by the Brazilian newspapers about Vodafione's interest in Tim Brasil finds no confirmation. Fiat +2%, after the deadline for withdrawal.
Positive assurances: Generali +1,7%,UnipolSai +1%. The shopping in the USA of the competitor Infineon is good for StM +1,9%.
Finmeccanica +1,4%, the subsidiary Ansaldo Sts it gained 1,1%. The drop in crude oil does not slow Eni's rise +1,3%.
Finally, in luxury it still marks time Luxottica -0,4% remained weak after the break with Andrea Guerra. Tod's rose 2,3% after news that the Della Valle family bought shares, increasing its stake. Highlights d'Amico +5%. .
