Business Square closes another positive session, +0,68%, a whisker from 21 thousand points, practically returning to the levels of the beginning of March, even if the coronavirus infections have been growing and since the beginning of the pandemic they have exceeded the threshold of one million. Over the weekend, the government could establish a sort of "light lockdown" extended to the whole boot, with factories and professions at work, but restrictions on trade, restaurants and travel. The pandemic is also gripping the rest of Europe and the USA, but the intonation remains equally positive on the markets after the announcement by Pfizer and Biontech on Monday of an effective vaccine quickly. To drag Wall Street today, however, they are not banks or industrial titles, but the nasdaq, with tech and stay-at-home titles like Amazon they are bouncing. It still goes down instead Alibaba, after the rejection of the Ant IPO and with the Chinese Communist Party intent on introducing new rules to eliminate monopolistic practices in the sector, subjecting payment platforms to the rules envisaged for the banking system.
In Europe Frankfurt earn 0,5%; Paris +0,5%; Madrid +1,06%; London +1,4%. Purchases reward the pharmaceutical and energy sectors, while the Brent it is up 2,1% to 42,2 dollars a barrel. It loses its luster further which drops to 1864,1 dollars an ounce (-0,7%).
On the market currency the dollar revived and the euro lost 0,4%, trading at 1,176.
Good performance for the Italian secondary school: lo spread with the German 120-year bond it drops to 0,84 basis points (-0,69%) and the BTP rate closes at +0,478%. Meanwhile, the yield on annual bonds awarded at auction reached a new all-time low of -0,436%, down on the -10,132% recorded last month. Demand stood at 1,84 billion euros, with a supply-demand ratio of 1,4. The placement of the Btp Futura also continues, the security dedicated exclusively to retail customers and with coupons indexed to the country's economic growth, which yesterday collected orders for a further 2,5 billion, after the XNUMX billion of its debut.
Returning to the stock market: during the day Piazza Affari was submerged by a mass of quarterly reports. The results have favored Diasorin, +3,86%, which returns to the top of the Ftse Mib after the recent crashes. Well Inwit + 2,99% Cnh + 2,75% Campari + 2,71% Terna + 2,62%.
Find no peace Atlantia, -3,21%, shaken in today's session by the precautionary measures for top managers (former and current) of the subsidiary Autostrade, including the former CEO Giovanni Castellucci, finished under house arrest.
Heavy Interpump, -3,11% and Saipem, -2,69%, following a recent great recovery.
After a series of picking sessions, the banks, in particular, are losing share Mediobanca -2,12% and Bpm bank -1,86%. Bucking Bper + 1,73%.
In decline Telecom, -1,19%, after i third quarter results “in line and with low expectations” according to Equita. Based on the quarterly results, the company confirmed the financial estimates for the current year.
Out of the main basket it shines Ferragamo, +4,38%, after a better-than-expected quarter. Some brokers intervened on the stock, such as Credit Suisse which brought the target price to 9 euros from the previous 8 euros and Kepler Cheuvreux to 13 euros from 12,5 euros. Also Mediaset, +5,55%, celebrate higher-than-estimated accounts.
