The reassurances on the political stability of Lisbon and the indications of the Chinese premier on the country's growth (which must not be less than 7%) push European lists into positive territory, with in particular the peripheral ones which engage the march of increases. Milan rises by 1%, Madrid +1,49% and Portugal by 1,2%. Paris +0,2%, Frankfurt +0,18%, London +0,27%. Positive closure also for the Asian stock markets which rise to the highest levels of the last eight weeks with Hong Kong up by more than 2% and Tokyo by 0,82%. The Btp-bund spread also falls back to 276 basis points and the banking sector reacts positively : . The banks were positive: Intesa Sanpaolo +2,19%, Popolare di Milano +1,83%, Banco Popolare +1,87%, UniCredit +2%, Mps +1,15%, Ubi +1,88%.
But in Piazza Affari the eyes are on Telecom +4% which finds new sprint in the wake of the renewed interest in telecommunications thanks to the purchase by Telefonica (among other things, a shareholder of Telecom Italia through the Telco holding) of E-Plus from Dutch Kpn. The market expects a phase of consolidation for the entire European telecommunications sector.
Atlantia also stands out on the Milanese list +3% after the improvement of the overweight rating by Morgan Stanley which rewards the improving traffic and Enel +2,49%. Fiat also did well +2,36% while it deflated the earnings of the Mediaset start-up +0,37%. On an almost totally upward Ftse Mib, Stm collapses after the quarterly which yields the worst stock in the basket by 6,7%, while Luxottica -0,84% and Azimut -0,13% are in slight red.
