Tuesday, November 22, 2016

Piazza Affari tear in the boot with Enel and the banks, the folds Luxottica – Corriere della Sera

Piazza Affari start the session on the rise at least one percentage point in the wake of the Wall Street and asian stocks in a market that sees rise of the oil prices. Early on the Ftse Mib index is advancing 1.2% to 16.500 points about under the pressure of Enel and of the bank (+1,6%).
Enel jumps of more than 3% as analysts welcomed the new industrial plan, which provides results to the upside, dividend growth, and the proposal of a plan to repurchase its own shares up to two billion euros.
Under pressure, in contrast Luxottica yields 2.5%. Yesterday, the title ran in reaction to an interview with Leonardo Del Vecchio, the founder of the group at 81 years of age renews its commitment to the company and critical of the lack of vision in a general manager than an entrepreneur. Bank all of which are positive albeit at different speeds. MPS earn less than a percentage point.

Bond

the Start up market Italian bond, which continues the positive movement illustrated in the second part of the session on Monday. The widening of the spread on the Bund 10 years reflects the transition to the Btp December 2026 by Btp of June 2026 as the title of the reference in comparison with the Bund August 2026 platform TradeWeb. In detail, around 9, the rate of new ten-year Italian benchmark December 2026 down to 2,028% 2,065% of the end of yesterday’s session. Down the rate of June 2026, until yesterday, the benchmark, which stood at € 1,958% 1,998% in closing. The spread on the Bund to 10 years, and this morning calculated with the new benchmark, rises to 178 basis points from 172 basis points yesterday evening, when the differential was calculated on the June 2026.

Europe

In less than an hour from the start of the trading with the Ftse Mib index rises 1.67% at the altitude of 16.570. Well even Paris, which opened in growth of 0,71% 4.561 points, and Frankfurt, in the ascent of 0.57% to 10.745 points. After the early exchanges, London gains 0.7% to 6.827 points. Madrid grows 0.7% (8.677 points).

Asia

asian stocks positive in the wake of the closing record on Wall Street that, according to many analysts, is related also to the expectations for the policies of economic growth of the new president, Donald Trump. Price lists and it is well for the ongoing recovery in the oil price, which rose for the third consecutive day on expectation of progress in the negotiations at the Opec. The Tokyo Stock exchange has finished trading in the upside, after a phase of decline due to an earthquake of magnitude 7.4 occurred in the early morning off the coast of Fukushima. The Nikkei has recorded a growth of 0.31% per share 18.162.94, with a gain of 56 points. On the currency front the yen, after an initial phase of strengthening, is back to swinging around at the altitude of 110 against the dollar, again to a minimum in 6 months. Positive also the chinese exchanges, with the Shanghai composite climb 0.94% and the Shenzhen composite 0.89%. It does best in Hong Kong, wh ere the Hang Seng index rises 1.4%.

November 22, 2016 (change on November 22, 2016 | 09:58)

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