After a mixed start, the European stock exchanges started to rise. The change of pace coincided with the note from Greece's creditors which does not rule out a possibility extension of another 5 months of the bailout agreement, with the disbursement of 16,3 billion to the country needed to support Athens' commitments.
Good reaction from the markets, especially in Italy and Spain, which wiped out the losses. The FtseMib fluctuates around parity, just below Frankfurt (-0,05%). salt Madrid of 0,3%, Paris + 0,49%.
Weekend deadlines unchanged: theEurogroup it will meet again tomorrow to find an agreement on the extension of loans to Greece. Next 30 June, Athens will have to repay 1,6 billion euros to the IMF in a single tranche.
Lo XNUMX-year Greece/Germany spread is set at yesterday's levels at 963, yield 10,50%. Last Friday it hovered around 12,5%. The Italy/Germany spread is unchanged at 123, yield 2,1%. The Treasury placed this morning all expected CTZs, 1,75 billion, at a yield of 0,204%. An all-time low of 0,062% was recorded in May.
In Piazza Affari, it is at the top of the basket of blue chips UnipolSai (+ 2,4%). Generali retreats by 0,3%. Among the banks unchanged Unicredit, Understanding + 0,1% Banco Popolare -0,9% MontePaschi -0,7%. Up 2,3% Banca Carige: the capital increase from 850 million euros ended with an almost complete membership.
The worst title is Saipem (-1,6). Eni -0,4%. It moves above parity Enel (+ 0,4%). Enel Green Power -0,8%. They recover Telecom Italy, which moves to parity, e Mediaset (-0,3%). positive Fiat Chrysler (+ 1,2%), Industrial Driver's License -1,3%.
in luxury, Yoox lose 1%, Ferragamo on equality. Finally, the sparkling debut of the biomedical society bomi at Aim: title suspended at +16% toric, readmitted at an opening price of 3,18 euros (against 2,75 euros for the IPO).
