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The confidence of households and businesses is back and it also gives impetus to the Stock Exchange. Sorin exploits (+27%)

The index developed by Istat rises to its highest level since 2002 – Btp auctions with minimum yields and a new five-year record – Piazza Affari moves better than the other European stock exchanges. Sorin shines up 27% – Spotlights on Rai Way and Enel

The confidence of households and businesses is back and it also gives impetus to the Stock Exchange. Sorin exploits (+27%)

Piazza Affari advances under the impact of the new successful auction of public securities and the strong one growth of trust, published by Istat, for both businesses and consumers, shot to its highest level since June 2002.

Btp auction
 At the auction, the 4,5-year BTP was placed (6,88 billion against requests for 1,36 billion) at a yield of 26%, down 5 points on the previous auction. New low also for the 0,56-year BTp, with a gross yield of 34%, with a drop of 15 basis points which is worth the new historic low on maturity. New low also for the CcTeu maturing on 12/2020/0,62: the coupon has a gross yield of 25% (-XNUMX basis points on the previous placement).

indices
At 13 pm, the Ftse Mib index rose by 0,80% to 22.112 points. Paris advanced by 0,34%, paired with Frankfurt. Better Madrid +0,59%. London +0,07% almost unchanged. Only Athens retreats -2%.

Industrial actions
Back off but not too much Enel -0,54% to 4,0240 after the placement of 5,7% by the Treasury for a total proceeds of around 2,2 billion. Eni salt +0,24% on the wave of the rise in crude oil. Well Tenaris +1,5% and Saipem +1,4%. The blue chip of the day is Autogrill +3,7%.

 in the rest of the list Sorin shines +27% after the announcement of the merger with the American Cyberonics. They also go up D'Amico +3%, Salt +7% and Tiscali +6%. Brake Rai Way -1,6% after the controversy caused by the takeover bid by Ei Towers. Mediaset increases by 1% thanks to data from the Spanish subsidiary. Well Telecom Italy +2%. The IPO of the former incumbent's transmission towers will be completed by June.
Well finally fca +1,5%, brake Finmeccanica -1%. 

banks
Positive boost from the banking sector. Understanding and Unicredit advance 2%, do better Mount Paschi +2,6%. Effervescent too Popular: Credito Valtellinese +2,6%, Bpm +2%, Banco Popolare +1,7%.Fca +1,5%, Finmeccanica slows down -1%. 

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