Share

Trump holds back on Syria and the stock markets rebound: Milan is the best

The partial easing of international tension over Syria gives breath to the stock markets, all in positive territory - Piazza Affari among the liveliest with a gain of over one percentage point: banking and technology stocks are doing well - Telecom Italia and Mps also rebound - La Champions it does not harm Juventus.

Trump holds back on Syria and the stock markets rebound: Milan is the best

I less warlike chirps than Donald Trump about Syria and the rise of the dollar against the euro are encouraging the European markets today, which close positively, above all in the area of ​​the single currency. The opening bell is also toned on Wall Street following the president's Tweet: “I never said when an attack on Syria would take place. It could be very soon or even not soon!”. And that's enough.

Piazza Affari is the best, +1,27%, 23.304 basis points. Stm, +4,93% is the queen of the list and the banks are in tune. Frankfurt (+0,98%) gains almost one percentage point, while Paris +0,59% and Madrid +0,1% remain slightly behind.

Flat London, while Zurich advances +0,78%. Moscow recovered fractionally, +0,82%, with the ruble appreciating against the dollar after the recent losses. The greenback instead recovered positions against the euro and the cross dropped to 1,231. To trigger the movements contributes the slowdown in industrial production in the single currency area, in February, higher than expected. A figure that will influence the choices of the ECB, which, already in the minutes of the last meeting, reaffirmed the need for an accommodating policy and to monitor the trend of the euro.

Oil loses slightly altitude, with Brent at 71,48 dollars, -0,8%, even if the international crisis seems far from over, with European leaders pointing the finger at Assad, while Angela Merkel is stepping away from a possible conflict.

Gold down to 34,92 euros per gram (-0,75%). On the secondary side, the yield of the 10-year BTP rose slightly, 1,81% and the spread with the Bund of the same duration, which rose to 129.80 points (+0,54%).

In the business square among the best blue chips we find Unipol, +2,73%, which benefits from the confirmation of the 'outperform' and 'buy' recommendations by Mediobanca and Equita Sim, even if press reports warn about Holmo's debts.

Good Cnh, +2,42%. Money on Unicredit, +2,41%, which today renewed the board of directors with Fabrizio Saccomanni destined for the presidency and Jean Pierre Mustier confirmed in the role of managing director.

Retrieve Exor, +2,13%. Round off Telecom earnings, +0,75%. According to what Radiocor reports, the Government's agenda today, at 18 pm, includes a measure concerning the golden power over society.

On the Ftse Mib only three stocks close in the red: Moncler -0,3%; Italgas -0,04% and Finecobank -0,46%. Atlantia and Ynap flat +0,08%.

The burning elimination from the Champions League it does not penalize Juventus' title, even on the contrary it earns 3% a €0,6105 per share.

comments