And three. The Milan Stock Exchange +0,68% archives the third positive session in a row although the assault on 17 thousand points failed by a hair's breadth (the Ftse Mib index closed at 16.982 points). Only Madrid +0,92% did better, but Paris +0,28% and Frankfurt +0,32% also closed in positive territory. Negative London -0,48%.
Wall Street travels down led by the decline in technological and defensive stocks, while investors, awaiting the speech of Fed chairman Hanet Yellen at Hackson Hole, evaluate the possibility of a rate hike in the coming months. Around 18 pm in Italy, the Dow Jones lost 0,23%, the S&P 500 0,21% and the Nasdaq Composite 0,11%.
The Milanese index is once again supported by the financial sector, well supported by industrial stocks. Conversely, falling crude prices are weighing on oil. Brent is down 2,4% to $48,7. The Energy Information Administration said today that crude oil reserves totaled 523 million barrels last week, up 2,5 million barrels from last week. Eni -0,8%.
Once again the banks gave the charge to the Italian list, in particular Unicredit +8,04% pending the sale of 33% of the Polish Pekao Bank. Among the assets to be sold, there is also Pioneer as well as Fineco Bank +1,95%. In the rest of the sector there are only plus signs: Intesa +3%, Monte Paschi 1%, Banca Pop. Emilia +2,1%, Banca Pop Milano +3,4%,
Generali -0,3% and Unipol Sai -1% are lagging behind. The impact of tonight's earthquake in Rieti on the income statement of the insurance companies should be modest.
The race for Mediaset cools down +1,7% waiting for tomorrow's Vivendi board of directors. In luxury, Moncler +0,1%: the company will join the Stoxx 600 index. Ferragamo +1,16%, Yoox -0,7%. Off the main index Dea Capital gallops +8,1%.
Rome is also defeated on the stock market. The title, after failing to reach the Champios League goal, fell by 9% to 0,46 euros.
