MEDIASET SHOULDER BAG, TI AVERAGE -6,44% DIVE
BUT LUXURY TRAVELS TO NEW ABSOLUTE RECORDS
On the Milan Stock Exchange volatility dominates: in the early afternoon, the FtseMib index had canceled the losses of the morning, but in the end, the price list returned to red: Ftse/Mib index -0,85%, at 15542.
Or, worse than other European Stock Exchanges: Paris +0,27%%, London -0,52%, Frankfurt -0,21%. The exception is Madrid +0,64%.
The signs of tension have also returned to the government bond market: lo BTP/Bund spread it climbed back to 345 from 337 in the early afternoon.
The 10-year differential with respect to Spanish bonos it fell to 23 basis points from 100 at the end of January.
THEeuro it is trading at 1,301 against the dollar, up from 1,300 on Friday night.
Worries about Italy coupled with disappointing data from the Chinese economy are fueling jitters wall street, already grappling with the sequester, i.e. the automatic cuts in US public spending. the Dow Jones loses 0,22%, the Standard & Poor's 500 0,1%, the Nasdaq almost unchanged -0.07%.
Returning to Piazza Affari, even today the most penalized sector is that of banks: Mediobanca -4,67%, Unicredit -2,51%, Intesa -3,22%, Monte Paschi -3,25%. B. Pop goes against the trend. Emilia Romagna +272%.
Generali down 221%, Unipol -1,5%.
It sinks Mediaset -6,53% on fears of a political agreement to launch a new rule on conflict of interest.
TI Medium -6,44% went red after the first rumors about the sale of La7 to Urbano Cairo.
He defends himself Telecom Italy +0,09% on the heels of France Télécom's +6% thanks to the promotion of Morgan Stanley.
Mixed trend for i industrial titles. Tenaris -2,17%, Fiat -2,54%%.
On the contrary positive StM + 1,4% Pirelli +0,64% and Prysmian + 0,18%. Finmeccanica +0,06%. .
The rally continues luxury with some of the protagonists on the new historical highs: Ferragamo +2,14%, Luxottica +1,88%, Cucinelli +5,7%, Tod's +0.09%. Geox on the contrary, it loses 6,6%.
Positive Lottomatica + 0,45% Rest +1,04% and Diasorin +1,75%, sensitive to the strengthening of the dollar.
