Piazza Affari, the most purchased stocks are oil. Most important slips on Telecom Italia, Prysmian and Moncler
After a weak boot for the European stock exchanges, in the wake of the oil prices which have risen to their maximum since 2014 (we talked about it here), sales intensify a Piazza Affari. In particular, in the middle of the morning, the Ftse Mib loses one percentage point when a Paris the Cac40 drops by 1.14%, a Frankfurt the Dax40 of 1.1%, ad Amsterdam the Aex of 1.27%, while the Ftse100 of London and the Ibex35 of Madrid hold up better and both lose half a percentage point.
READ ALSO: Oil, the price race continues: Brent reaches its maximum since 2014
After yesterday’s positive session, without the compass of Wall Street, closed for holidays, one prevails some caution on continental markets, with investors starting to consider the possibility that the Federal Reserve you raise rates earlier than expected, i.e. before March. With the reopening of the US markets, the season of quarterly with someone big of the financial sector including Goldman Sachs.
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Generally speaking, European markets are moving in the wake of those asians, with the Nikkei on the Tokyo Stock Exchange which closed in drop 0.27%, after the bank of Japan revised the country’s growth estimates: for the current financial year 2021/2022 downwards: + 2.8% compared to the previous 3.4%. for the next 2022/23 upwards (+ 3.8% from 2.9%) and again downwards for 2023/24 to + 1.1% from + 1.3%.
making the Piazza Affari the sales continue in all sectors, starting with financials, led to the downside of the banks. While I am oil-related stocks rose. It spread between BTP and Bund it rises to 133 basis points, with the Italian ten-year yield at 1.308%.
At the bottom of the list we find Banca Generali (-2,2%) e Prysmian (-2.5%). Among the credit institutions they are in decline Banco Bpm (-1,9%), Bper (-1,2%), Understanding (-1,3%), Unicredit (-0,3%), Mps (-1%). Also in red General (-0.5%), on the day of the board of directors. Bad Tim (-1.8%), on the day of the meeting for the guidelines of the new business plan. Difficult sitting even for Moncler (-2.4%), with the other luxury titles Cucinelli (-3%), Ferragamo (-1,6%) e Tods (-3.1%). They proceed on positive ground Eni (+0,3%) e Tenaris (+ 0.8%), while it is decreasing Saipem (-0,6%).
READ ALSO: Tim / Opa yes, Opa no and thud on the stock market. The market wants certainties on the plan
On the foreign exchange market, the euro fluctuates on the threshold of 1.14 dollars and changed hands at 1.1399 (1.404 closing yesterday). There single currency It is also worth 130.899 yen (130.65) when the greenback is worth 114.829 yen (114.58). For what concern price of crude oil: the March delivery contract on Brent gains 1.7% at 87.95 dollars a barrel and the February one expires on the WTI 1.67% at 85.7 dollars a barrel.
Instead, it appears on the stock exchange Stellar Workshop, after the news that the company got a new contract worth 8.5 million euros. The securities of the listed on Euronext Growth Milan, the market dedicated to SMEs, rose by 6.45% to 16.3 euros, with a maximum reached at 16.4 euros, scoring the best performance of Piazza Affari.
Before the opening of the markets, the company active in the design and production of optomechanical instrumentation of excellence in the Aerospace, Research and Defense sectors announced that it had been awarded a supply of a series of space telescopes and the parallel development of a new higher performance model, which will constitute the main subsystem of the high resolution multispectral optical payloads operating in the visible and near infrared wavelengths, and intended to operate from low orbit (LEO ). The the value of the contract is 8.5 million euros and the delivery program will start from the second quarter of 2022, to be completed over the next two years.
Atlantia is also subdued in Piazza Affari, in a day of generalized sales across all sectors, after announcing an acquisition in Germany. The shares of the group fell by 0.78% to € 17.105, with a minimum of € 16.975, still doing better than the Ftse Mib, which was down by 0.97%.
The exchanges are not very significant: about 127 thousand pieces changed hands, compared to an average of 1,449 million in the last thirty days for the entire session. Last night, Atlantia announced it had signed the contract for the purchase of Yunex Traffic with the Siemens group (we wrote about it here) for 950 million (enterprise value) to be used on financial resources already available, after a competitive process that lasted a few months.