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Telecom and Stm queens of the Stock Exchange and Piazza Affari smiles

Great leap of Stm and Telecom which, on the wave of the six-monthly and beyond, nearly rise by 10% – Piazza Affari gains 1% and is among the best stock exchanges in Europe – Bpm, Bper and Unipol also do well – The galaxy Unicredit pays the sunset of the agreement with Santander - FCA in swing

Choral advance of the liststhe. Waiting for tonight's Federal Reserve release, Japanese Prime Minister Shinzo Abe thought of pushing up the stock markets. Next week, the Prime Minister announced, Tokyo will launch a 265 billion dollar stimulus package. The news had the effect of accelerating the effects of the quarterly campaign, which started brilliantly.

Piazza Affari rises by 0,99% to 16.863 points, above the levels reached on 24 June after the Brexit shock. Paris and Madrid did better by +1,20%, while Frankfurt finished the session up by 0.70%. London +0,40%.

Wall Street is also up: the Dow Jones index rises by 0,3%, S&P500 +0,1%, Nasdaq +0,4%, despite the data on the real estate market released this afternoon signaling an unexpected slowdown. But to support the good mood was lApple's performance +7% to 103,5 dollars after the quarterly.

Even in Piazza Affari the day was dominated by corporate accounts.  In Milan the star of Telecom Italia shone +7.79%, today's best blue chip. Domestic Ebitda stood at 3,184 billion euros in the first half, an increase of 11,9% over the same period last year, the figure is higher than the 3,08 billion estimated by analysts. The former incumbent reacted to the agreement between Enel and Metroweb with an alliance with the subsidiary of the Swisscom group, with which he will create a newco, in which he will hold 80% of the capital, 20% will be held by Fastweb. 

Stm does even better +10,5% after the publication of the quarterly. The leading European chip maker this morning closed the second quarter of the year with revenues of 1,7 billion dollars, 

Day in swing instead for Fiat Chrysler notwithstanding second quarter results better than expected. The stock closed down by 1,90% after losing more than 4% to a minimum of 6,075 euros before returning to 6,20 euros in the final. Operating profit (Ebit) rose 16% over the same period last year to 1,62 billion euros, with a North American Ebit margin of 7,8%. The company announced an upward revision of its estimates for the full year 2016.

On the other hand, a sharp drop for Unicredit - 4,10% after the break with Santander on Pioneer and the rumors of a capital increase of at least 5 billion and of the disposals of Pekao and FinecoBank (-4,21%).

The prospect of a capital increase has done Monte Paschi good luck +2,66%. The other banks also rebounded: Bpm +5,57%, Bper +4,60% and Banco Popolare +2,45%.

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