US GDP in the third quarter rose by 2,1%, perfectly in line with expectations.
The Micex index of the Moscow Stock Exchange falls by 3,2%, the Istanbul Stock Exchange falls by 2,9%, the Turkish lira loses 1% against the dollar. Piazza Affari closes at -1,55%.
Moderate declines among oil stocks: Eni drops by 0,6%, Saipem -1,1% Tenaris -0,8% incurred by oil jump : +3,5% for Brent at 46,41 dollars and +3,45% for Wti at 43,19 dollars.
All Luxury companies affected by sales after news from Türkiye.
In Paris lvmh drops by 5,2%, in London Burberry loses 3,5%.
Ferragamo retreats by 4,1%. In a study on the luxury sector, Nomura's analysts cut Ferragamo's target price this morning to 24 euros from the previous target of 27,8 euros, confirming the Neutral rating.
Under braking Tod’s -3,4%. This morning Nomura took a position on the acquisition of Roger Vivier: the recommendation goes down to Reduce da Neutral. Also for SocGen the stock is to be sold, with a Sell judgement, target price which drops to 73 euros from 75 euros.
Moncler -4,3% Luxottica -3,5%.
Rest, which realizes half of its turnover with catering in American airports, fell by 3,2%.
Among financial stocks, the biggest losses are in asset management. Anima -3,7% Mediolanum -3,2% Azimuth -3,5%.
Between banks Unicredit drops by 2,1%, Understanding -1,6% Mount Paschi-2,5%.
Losses greater than 2% even for Banking Pop.Milan -2,4% Ubi -2,3% Pop.Emilia -2,2%.
Generali falls by 2,1%.
Big maneuvers in Telecom Italy -2,6% in view of tomorrow's board meeting, dedicated to Vivendi's request to propose four of its representatives to the board.
Yesterday the president of Telecom Italia, Giuseppe Recchi, spoke of the 20% stake in the hands of the company chaired by Vincent Bolloré, saying that it does not necessarily constitute a dominant position.
In a hearing in the Senate, which took place yesterday evening after the stock exchange was closed, the group's managing director, Marco Patuano, declared that after the outcome of the political elections in Argentina "we are confident of being able to finalize the sale of Telecom Argentina".
