Monday, December 15, 2014

Bags, a black seat in Milan. Burned 200 billion in Europe – the Journal

Bags, a black seat in Milan. Burned 200 billion in Europe – the Journal

Further sharp downward Milan Stock Exchange at the end of a seesaw session began with a feeble attempt to rebound. The decline in oil prices and the trend of the ruble back to scare investors. After Black Friday, the FTSE Mib ends the session with a decline of 2.81% to 18,709 points weighted by sales on the banking sector that have affected especially Mps and Carige, while the spread between ten-year BTPs and German Bunds amounted to 137 basis points with a yield of 2%.

While the eyes of the operators await Wednesday when US inflation figures will be announced and will be held the meeting of the FOMC, the operating arm of the Federal Reserve – Wall Street goes down in the wake of positive macro data that feed the expectations of a rise in interest rates anticipatio – closed in negative territory the rest of the European markets: bad Lisbon -2.78%, Frankfurt – 2.72% and Paris – 2.52%. Align with the sharp falls squares of Madrid -2.38%, -2.05% Zurich and Brussels -1.74%.

At the Milan stock sales hit over the banking sector (the index industry flexes of 4.23%), and also Mediaset Pirelli.sicurazioni, already completed, you look at consumer credit and, with some hesitation, the Banca Cesare Ponti.

The worst of the main list Mps who yields to the 8.14% to 0.524 euro with over 103 million units changed hands. After a good start the institute Siena and Banca Carige (-7.09% to 0.059 euro) retreat: the first green light arrived from Frankfurt on plans to strengthen the capital of the two banks seemed to have had a positive effect, then the ‘orientation was abruptly reversed. Investors, as well as ok arrived by the ECB after the failure of the stress tests, await clarity on investors interested in their recovery.

In deep red also Unicredit to 5.17 euro (-4.70%), Intesa Sanpaolo to 2.34 (-4.33%), Ubi Bank -3.71%, Banco Popolare – 3.31%, Mediobanca -3.02%, -2.55% Bper; bucking instead BPM that earns 0.29%. Sales also affect Mediaset -3.82%, -3.72% Pirelli and the energy sector with Eni to 13,29 € (-3.49%), A2a -3.09%, -2.58 Snam % -2.54% and Enel. Among the few stocks in Tod’s rise to EUR 66.20 (+ 1.53%) and Fiat Chrysler +0.55%.

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