Only luxury still shines in Business Square. After publication by the ECB of the data on monetary mass (+3,2% in March, more than expected), the markets slowed down. Spain's GDP is bad but better than expected: -0,3% in the first quarter. L'Ftse Mib index –0,56% at 14.695 points. They also slowed down the Frankfurt stock exchanges +0,01% and Paris -0,87%. London -0,54%. Down too Madrid -0,5%.
The yields of the ten-year bond of Italy (5,59%), Spain (5,82%) and Germany (1,69%) also showed little change. In Italy, purchases of Btp and treasury bonds by the banks reached the record level of 23,7 billion euro.
Luxury does not know sales. Shine the star of Ferragamo +4,5%, the highest after five consecutive days of increases. They also go up Tod’s + 0,3% Luxottica +0,33% and, after the pyrotechnic debut, cucinelli continues to grow, +1,5%.
The assemblies have done well to MontePaschi +2,2% and Ubi +1,76%. Down Understanding -0,34%% and by Unicredit -1,56%%.
Generali +0,5% after Saturday's budget approval meeting. Effervescent Premafin and Fondiaria Sai +4%: today the validity period of the offer presented by expires Sator/Palladium, but between tonight and tomorrow a new revised and corrected plan should arrive. Very good too Milan Insurance +6% on speculation for an upcoming sale decided to meet theAntitrust. On equality Unipol: the top management of the Bologna-based company, today in the meeting to approve the financial statements, have put their hands forward. No answers will be given to requests for clarification on the integration project with Fonsai that may arrive from the shareholders at the meeting. "We fully understand the interest of the shareholders - said the chairman Pierluigi Stefanini - but there is an agenda that does not include this topic" .
Down the industrialists: Fiat -1,12% Fiat Industrial -2,65% Finmeccanica -2,31%. Weak industrialists. Fiat -1% Fiat Industrial -1,6% Prysmian -2% Finmeccanica -2,1%.
