Wednesday, February 11, 2015

Milan Stock Exchange flat, strong Snam, Terna and utility, good banks – Reuters Italy

Milan Stock Exchange flat, strong Snam, Terna and utility, good banks – Reuters Italy


       

MILAN (Reuters) – Sitting with indexes almost unchanged on the stock, and more generally on the European markets, in view of the Eurogroup today on debt crisis Greece.


       

To revive trade and prices jumped by the utility industry and energy, while there waiting for the results of two large big bank today.


       

At around 12.15 FTSEMIB the index rises 0.18%, the AllShare of 0.13%, while the European index using benchmarks Ftseurofirst300 yields 0.32%. Volumni for just over one billion euro.


       

After a weak start, recovered the banks, especially the popular fate that the results of the quarter: POP EMILIA salt 0.5% after 2014 and the financial targets announced yesterday were in line with expectations . Makes better POP MILANO growing by 2%. According Equita results for the fourth quarter were abo ve expectations, the outlook of 2015 is comforting “pending trial of aggregrazione sector that should take shortly.”


       

UNICREDIT also positive (+ 1.2%) on the day of the results, as well as MPS (+0.78%).


       

SNAM and TERNA rising markedly, respectively 3.3% and 3.2% sull’indiscrezione, then confirmed that the Constitutional Court has canceled the 2015 Robin Hood tax, the additional IRES of 6.5% levied on energy and utility sectors.


       

Also A2A Positive (+ 1.13%), ENEL (+ 0.94%), ENEL GREEN POWER (+ 1.09%), HERA HRA.MI (+ 1%), Iren (+2.9 %), ASCOPIAVE (+2.61%).


       

The operators is largely positive news for the utility sector “with impacts on Eps average of 5%, but with peaks of 10% for Snam and Terna”, detects a primary broker Italian. For these two companies, in particular, which respectively own the most of the pipelines and power lines Italian, “a cancellation fee would give more visibility to the policies of the dividend.” Even Goldman Sachs, the potential positive impact is greater for Snam and Terna, but there is also for other Italian utility.


       

At stake ENI which yields 1.7% in line with the fall in the oil & amp; gas Europe in the wake of the decline in oil prices. More …

LikeTweet

No comments:

Post a Comment