Piazza Affari rises, Recordati and Banco BPM shine

Piazza Affari rises Recordati and Banco BPM shine

(Tiper Stock Exchange) – Positive session for the European Stock Exchanges, including Piazza Affari, after the euro zone’s economic recovery unexpectedly accelerated in April on increased demand in the services sector, according to S&P Global PMIs released this morning. However, investors are awaiting more indications on the health of the economy and consumers from the quarterly reports from next week’s tech giantswhen the results of the main companies in the banking and energy sectors will also begin to be released in Europe.

Some have also arrived today monetary policy statements. The Vice President of the European Central Bank Louis de Guindos he said the ECB is unlikely to return to providing guidance on its next steps, given the uncertain outlook. Ignatius ViscoGovernor of the Bank of Italy, did not rule out a rate hike, but stressed that “we must be prudent, cautious and patient”.

Basically stable theEuro / US Dollar, which continues the session on the previous day’s levels and stops at 1.098. Widespread sales ongold, which continues the day at $1,976.6 an ounce. The Petrolium (Light Sweet Crude Oil) continued the session higher and advanced to 77.91 dollars per barrel.

Slightly increase it spreadswhich reaches +186 basis points, with a slight increase of 2 basis points, with the yield of the 10-year BTP equal to 4.35%.

Among the indices of Euroland positive balance for Frankfurtwhich boasts a 0.54% gain, firm Londonwhich marks almost nothing done, and substantially tonic Pariswhich recorded a capital gain of 0.51%.

Slight increase for the Milan stock exchangewith the FTSEMIB which rises by 0.43% to 27,746 points; along the same lines, the FTSE Italia All-Share proceeds in small steps, advancing to 29,928 points. In fractional progress the FTSE Italia Mid Cap (+0.53%); almost unchanged FTSE Italy Star (+0.17%).

Among the best Blue Chips of Piazza Affari, shines Register, with a strong increase (+5.44%, after the leap in revenues in the first quarter). Great performance for BPM desk, which records an increase of 4.28% (after an interview by the CEO on future prospects and indiscretions on the movements of Francesco Gaetano Caltagirone in the capital). Well set up Nexi, which shows an increase of 2.66%. Toned amplifier which highlights a nice advantage of 1.86%.

The strongest declines, however, occur on Telecom Italy, which ends the session with -4.30% (on the new tensions surrounding governance, after the shareholders’ meeting rejected the remuneration policy). Slow day for CNH Industrial, which marks a decrease of 1.35%. Small loss for Unipol, which closes with a -1.02%. He hesitates Leonardowhich drops 0.92%.

At the top of the mid-cap rankings from Milan, OVS extension (+5.90%), MARR (+3.43%), Brunello Cucinelli (+3.05%) and Ariston Holding (+2.12%).

The worst performances, however, are recorded on Ferragamo, which gets -5.93% (after weak first quarter sales results). Letter about Juventus, which records a significant drop of 4.37%. Sales on Maire Tecnimont, which records a drop of 2.22%. Bad sitting for Antares Visionwhich shows a loss of 2.12%.

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