BAGS IN RED, GOVERNMENT BONDS OK
RUNS ATLANTIA, SALES FOR LUXURY
The good news coming from the American economy was not enough to revive Wall Street from the shock of the Boston bombs. Even the European lists, after an attempt to recover, close in the red.
In Milan the index Ftse Eb it closed with a loss of 0,61% at 15.533 points.
Paris is also bad -0,62%, Frankfurt -0,55% on a par with London.
In the US the Dow Jones loses 1,79%, even heavier the decline in the S&P 500 -2,3%, the Nasdaq unchanged.
The boom of the real estate sector with the start of new construction sites for residential building which marks an increase of 7%, much better than the expectations of analysts which remained at +1,4%. It is the highest level in the last seven years.
Inflation is also under control with consumer prices falling by 0,2% in March against expectations of stable prices. On an annual basis, inflation rose by 1,5%, less than the 1,6% expected. The most positive news from the bond market.
Requests for the BTP Italy they exceeded 10 billion this morning and are now close to 17 billion.
A Madrid the Treasury it placed 5 billion Bonos at 6 and 12 months, achieving markedly lower rates: the yield on the six-monthly bonds fell to 0,53% from 0,79% in the previous auction. The 12-month yield fell to 1,23% from 1,36%.
On the secondary market, the 10-year BTP marks progress with the yield falling to 4,28% and the spread at 301 (-7 basis points).
Unicredit closes at – 0,06%, Intesa -0,80%%, Pop.Milano drops by 1,33%.
It stands out above all banks MontePaschi which closes at +1,31% after the news that the Prosecutor of Siena has ordered the seizure of assets for 1,8 billion euros against Nomura and the former MPS managers Giusepppe Mussari, Antonio Vigni and Gianluca Baldassarre.
Among the insurance Generali it loses 1,55%, while Unipol gains parity after recording a drop of more than 2%.
In Milan Eni loses 1,02% and returns to parity. Saipem drops by 2,55%, Tenaris -0,67%.
i am declining luxury titles. Tod's -2,78%, Ferragamo -3,39% and Luxottica -1,78%. France's LVMH fell 3,2% after announcing disappointing quarterly revenues.
Among industrial stocks, it goes up Pirelli + 2,46%. Fiat gains 2,37%, Finmeccanica has eliminated the losses and advances by 2,32%. StM fell by 0,34% after Ubs included the stock in its "least preferred list".
Among the utilities, it runs Atlantia +1,62%. The management illustrated the details of the merger plan with Gemina +1,99% to the financial community this morning in London.
Negative Enel -0,61%, EnelGreenPower +0,45%, A2A falls by 3,72%. Acea rose by 4,4% the day after the meeting which confirmed Giancarlo Cremonesi as chairman.
The alarm terrorism in the US damages Autogrill which drops by 2,48%. Autogrill is number one in airport catering in the United States.
