WORLD STOCK EXCHANGES AHEAD. MILAN AT THE TOP
MPS, MEDIASET AND FIAT LEAD THE RALLY
They advance compactly Bags on both sides of the ocean.
In Milan the Ftse Mib index it rose by 1,03%% to 21.903: it is the sixth consecutive rise.
On positive ground too Paris + 0,8% Frankfurt earn 0,5%, London + 0,73%. Madrid + 1,01%.
The spread closes at 171 after falling below 170, before Mario Draghi's speech in Athens.
Signs of recovery are increasing in Europe: unemployment in the euro area it fell to 11,9% from 12%, thanks to the contribution of Germany which in March recorded a drop in the number of jobless to 6,7% from 6,8%. But Italy is the exception: the unemployment rate rose to a record 13% in February.
THEeuro it strengthened against the dollar to 1,379, from 1,376 at yesterday evening's close.
Wall Street accelerates: the S&P gains 0,6% together with the Dow Jones, the Nasdaq increases by 1,2%. The S&P index marks the new all-time record.
The Ism index of the industry improves rose in March to 53,7 points from 53,2 in the previous month but the figure remains below the expectations of analysts who expected 54 points.
The protagonist of the day, in addition to the banking sector, was Mediaset +5,3% boosted by positive report from JP Morgan.
In great dust too Fiat +3,73% highest since November 2007 on the wave of excellent sales data from the USA. Chrysler sold 193.915 vehicles in the United States in March, an increase of 13% over the same period in 2013. The Group marks its best March since 2007 and the XNUMXth consecutive month of growth.
In the automotive Brembo climbs 1,7%: Hammer Partners set an Outperform recommendation. Pirelli +0,35%, but MontePaschi is at the top of the list +6,45%.
The other banks are positive: Unicredit it rises by 1,5% and reaches new highs since October 2011 at 6,73 euro. Intesa also advances +2,93%, promoted from HSBC to Overweight from Neutral.
The exception is, after yesterday's leap (+15%), the Banco Popolare -1,65%. The right falls by 2,4% to 6,03 euros. Finmeccanica +1,2%, +0,6%, StM unchanged.
Telecom Italy rises by 0,18% In luxury Brunello Cucinelli rebounds + 5%.
