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Telecom and its partners make the stock market run. Banks are flying all over Europe

The hypothesis of integration with 3Italia, which will be at the center of Thursday's board meeting of Bernabé's group, gives impetus to Telecom Italia and also to its main shareholders (Intesa, Mediobanca and Generali) – Piazza Affari ends its upward run of the 1,26% – Positive throughout Europe for banks – Azimut booms in Milan while Pirelli and Luxottica lose

Telecom and its partners make the stock market run. Banks are flying all over Europe

TELECOM DRAGS TELCO SHAREHOLDERS UP
PIAZZA AFFARI IS THE BEST STOCK EXCHANGE IN EUROPE

Taurus picks up the phone: business square, thanks to the rise of Telecom Italy +3,83% and, consequently, of its main shareholders (Generali +1,46%, Mediobanca +5,02% and Intesa +3,6%), it is the best in Europe.

The shares run following the rumors according to which the Chinese financial industrial group Hutchinson Whampoa, which in Italy controls 3Italiawould aim to acquire a 29,9% stake in Telecom Italia and to do so it would be ready to buy Telco shares for up to 1,2 euros.

Piazza Affari rises by 1,26% to 15436, ahead to other European Stock Exchanges: Paris +0,11, Frankfurt -0,3%, London +0,6%.

On the government bond market, the BTP has wiped out this morning's gains and now the yield has risen to 4,35% with a spread of 309, unchanged compared to yesterday.

A Wall Street the three main indexes rise imperceptibly: Dow Jones +0,05%, S&P +0,15%, Nasdaq +0,05%. Alcoa loses 0,5% after a strong start. Yesterday evening, the company presented better-than-expected first-quarter results.

In all of Europe, and in particular in Milan, the banks: Unicredit +1,89%, Ubi +1,25%, Pop.Milano +2,53%. In Frankfurt Deutsche Bank rises by 2,8%, in London Barclays +2,7%.

Good funding data push asset management stocks: Azimuth + 5,75% Mediolanum + 2,6%.

Utilities were positive: in particular, the rise of A2A which increases by 2,95%, Enel +1,24%, Enel Green Power +1,81%. Atlantia is down -1,06%.

Earn money Eni +1% with stable oil prices: Brent at 104,6 dollars a barrel.

Among industrial stocks, Fiat rises by 1,61% on the day of the meeting, Finmeccanica +1,33%,StM +0,52%. Pirelli today it loses 2,34%.

Mediaset advances by 4,5%.

All the luxury stocks are down: Luxottica -2,25% Ferragamo unchanged %, Tod’s -0,91%.

It bounces Moleskine + 3,3%.

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