Europe uncertain, Milan, italy in search of direction, bad Mps – The Sun 24 Hours

european stock markets were uncertain about the direction to take (follow here the index), as investors await indications from Wall Street that today will reopen after the stop for the holidays of Thanksgiving, even if only for half a day. Markets will follow the trend of sales Overseas, on the occasion of Black Friday, the traditional day of discounts. Milan follows the indecision of the rest of Europe and, thanks to the ups and downs of bank stocks, has changed direction several times. The spread, however, continues to rise, taking in the area of 188 points.

The weak yen continues to push the Tokyo Stock exchange

Mps protagonist in the aftermath of the meeting

At Piazza Affari, the focus is once again on the shares of Banca Mps, in the aftermath of the meeting the river, with the 96,13% of the vote, has launched the rescue plan which also provides for a capital increase for a maximum amount of 5 billion euro. The assembly has also given the green light also to the appointment of Alessandro Falciai chairman and to the confirmation of Mark Morelli to the position of chief executive officer. The titles, immediately entered into the auction of volatility, recorded an apparent decrease. Instead, they have changed direction several times while driving the other bank stocks, after starting in the sign of the minus sign. Keep positive the Banco Popolare and Bpm, are now in decline leIntesa Sanpaolo, Unicredit and Ubi Banca, in addition to that

General bouncing, lively even by Yoox in the day of Black Friday

RimbalzaGenerali, after the weakness of the last sessions. The titles of the Lion of Trieste benefit from the favorable opinion of JP Morgan, which raised the rating from 'Neutral' to 'Overweight' (target price confirmed at € 14). Run also the Yoox Net-A-Porter Group on the bet that the company will do gold business from today to Monday, when there will be discounts and promotions.

CTz: allocated 3.5 bn, yield squirts of 50 db at the 0,238%

Bubbling with the yields of government securities in the auction. In the placement of today, the gross of the CTz maturing 28/12/2018 rose by 50 basis points, and stood at the 0,238%. The title, notify the Bank of Italy, has met a good demand from the market, with a demand total of 5,152 billion compared with $ 3.5 billion offered and fully allocated. The Treasury has also issued 1.2 billion of Btps indexed to euro area inflation. In detail, the placement concerned 791,75 million euro of the BTp-5 years due 15/05/2022, to be issued in the fourth tranche with a gross return of 0.51% and 414,25 million euro of the BTp-30-years maturity 15/09/2041, issued 20ma tranche with a gross yield of 1.74% annually. The regulation of the auction falls on the next November 29.

stable Euro, oil falling
On the foreign exchange, the euro is pretty stable on the dollar (see here the main exchange). The oil loses altitude after the good performance of the vigil (watch here Brent and Wti).

(Il Sole 24 Ore Radiocor Plus)

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