Closing of session above parity, even if far from intraday highs, for Piazza Affari. In the second part, a Wall Street took care of curbing the trend of the lists, which did not benefit from the indications below the estimates coming from consumer prices (which will allow the Federal Reserve, which meets next week, not to be in a hurry in reduction of stimuli).
Up by 0.39% to 26,027.07 points, the Ftse MIb was the best performer in Europe thanks to the increases of Ferrari (+ 1.84%), CNH Industrial (+ 1.1%) and Stellantis (+ 0.74%). As reported by Bloomberg, the house would aim to control the joint venture related to the Jeep brand in China.
A positive day also for managed savings, with + 0.65% of Banca Mediolanum and + 0.75% of Banca Generali. As reported by insiders, Leonardo Del Vecchio’s doubts about the renewal of Philippe Donnet at the helm of Generali (-0.28%) are related to the attempted sale of Banca Generali to Mediobanca (+ 0.53%) with a valuation evaluated excessively low (the Leone di Trieste holds 50.17% of the institute of managed savings).
Among the banks, weakness due to the combination formed by UniCredit and Intesa Sanpaolo (-1.23 and -0.31%) while in the energy sector Eni’s + 0.91%, favored by the third consecutive session of Brent, is noted, returned today to 74 dollars a barrel.
On the complete, a day to forget for De ‘Longhi (-9%), sunk by the news of the placement of 6 million shares by De Longhi Industrial and Giuseppe de’ Longhi.
On the day of the BTP auction, the spread with German bonds dropped below 100 basis points (-2.7% at 99bps). This morning the Ministry of Economy placed 3, 7 and 30-year bonds for € 5.75 billion: the 3-year recorded a 7-cent drop to -0.27%, the 7-year saw the given a drop of 6bps to 0.32% and in the case of the thirty-year period the gross yield was 1.69%. (in collaboration with money.it).