In the last session of the quarter, the stock market today ended in slightly negative territory.
Despite the little comforting indications coming from the data concerning the spread of the virus, the situation in the United States and Latin America is particularly worrying, yesterday new optimism for the operators came from the European confidence indices and the US data on real estate compromises.
Positive indications also from Chinese manufacturing PMI which, estimated at 50.5 points, went from 50.6 to 50.9 points in June.
At the close of trade in Europe, the Euro-dollar changed hands substantially unchanged at 1.12469 while the September delivery futures on the Brent lost half a percentage point to $ 41.6 a barrel.
Borsa Today, update at 17:40: Ftse Mib in double digit rise in Q2
The second quarter of the Ftse Mib, which today stopped at 19,375.52 points (-0.37%), closed with an increase of 13.7%, a figure lower than the + 23% of the Dax and slightly below the + 15% of the Euro Stoxx 50, but greater than the + 8% of London and + 6% of Madrid.
Among the banks, benefits taken for UniCredit (-0.86%), for Banco BPM (-2.46%) and for Mediobanca (-2.14%). Mps closed in the red (-2.41%) after the initial earnings triggered by the go-ahead for the partial demerger project in favor of Amco a portfolio of impaired loans for a gross value of over 8 billion.
Parity for Intesa Sanpaolo (+ 0.09%) which it has perfected the strategic agreement signed with Nexi in December (-1.12%) which will allow it to rise to 9.9% of the payment company and record a capital gain after tax of 1.1 billion euros.
In line with the performance of the sector at European level, Eni (-1.57%) paid a pledge on the news of the devaluation of up to $ 22 billion by Royal Dutch Shell (Oil & Gas sector trembles: Shell announced maxi-devaluations of $ 22 billion. The reasons).
Strong sales on Telecom Italia (-3.48) after the rumor about the 1.5 billion euro damage claim made by Open Fiber.
Piazza Affari, update at 1 pm: Telecom Italia highlighted on the Ftse Mib
In Milan, the blue chip index, the Ftse Mib, halfway through the session 19,421.80 points, -0.13% on the previous figure.
The trend is confirmed uncertain also for the City price list, the Ftse100 (-0.5%), while Dax (+ 0.31%) and Cac40 (+ 0.09%) are trading above parity.
Among the Mps bankers (-0.19%), the initial earnings triggered by go-ahead for the partial demerger project in favor of Amco a portfolio of impaired loans for a gross value of over 8 billion.
As part of the Intesa Sanpaolo offer (-0.53%) on Ubi Banca (-1.09%), today the Brescia Pact (which collects around 8% of the capital) could express a negative opinion on the transaction.
Intesa has perfected the strategic agreement signed in December with Nexi (-0.22%) which will allow it to rise to 9.9% of the payment company and record a capital gain after tax of 1.1 billion euros.
Every 13 the Italy-Germany spread falls at 177 basis points (-1.6%).
In line with the performance of the sector at European level, Eni (-0.94%) pays a pledge on the news of the devaluation of up to $ 22 billion by Royal Dutch Shell (Oil & Gas sector trembles: Shell announced maxi-devaluations of $ 22 billion. The reasons).
Letter also on Telecom Italia (-1.1%) after the 1.5 billion euro damages request made by Open Fiber.
Future Wall Street: expected opening with a minus sign
In line with the trend recorded yesterday, even today, 30 June 2020, the lists on Wall Street should register a weak trend.
Two and a half hours after the start of trading, the derivative on the Dow Jones recorded a -0.28%, that on the S & P500 marked a -0.17% and the future on the Nasdaq share in substantial parity (-0.05%) .
Piazza Affari, update 9:25: Ftse Mib weak, good MPS
In Milan, the blue chip index, the Ftse Mib, in the first exchanges of today’s session, 30 June 2020, share 19,391.74 points, -0.28% on the previous figure.
Session started in the sign of weakness also for the Ftse100 (-0.25%) while Dax (+ 0.25%) and Cac40 (+ 0.21%) are trading above parity.
In opening negotiations, the spread with German securities shows a slight increase at 181 basis points.
Following an amendment to the Relaunch Decree, yesterday we started talking about the possibility of providing our country with a sovereign wealth fund. The Italian sovereign wealth fund would be based on citizens’ savings (Italy: sovereign wealth fund coming? The details).
Among the Mps bankers it marks a + 2.72% after go-ahead for the partial demerger project in favor of Amco a portfolio of impaired loans for a gross value of over 8 billion.
Added to this are tax assets, debt and other liabilities and a net worth of approximately 1 billion euro. The operation will allow the NPS ratio of MPS to go from 12.4% to 4.3%.
As part of the Intesa Sanpaolo offer (-0.08%) on Ubi Banca (-0.38%), the Brescia Pact today (which collects around 8% of the capital) could express a negative opinion on the transaction.
Mixed performance of the Asian stock exchanges
A mixed session for the Asian price lists: in Hong Kong the Hang Seng index shows a red of 0.4%, the TSE China A50 registers -1.26% and the Nikkei closed with + 0.91%.
The Australian index, the S & P / ASX 200, instead ended with + 0.16%.
Wall Street trend: weak indices pending Powell and Mnuchin
Indications on the spread of the virus caused Dow Jones to lose 0.32%, S & P500 to 0.27% while Nasdaq closed flat (-0.02%).
In the Italian evening Jerome Powell, No. 1 of the Federal Reserve, and Steven Mnuchin, Treasury secretary, they will intervene on the state of the economy.