The end of the week was marked by prudence for European stock exchanges, driven in the first part by the positive results of the stress tests on US banks and the green light for the new infrastructure plan of the Biden administration. The agreement, which according to the president “will create millions of American jobs”, pushed those companies, such as Buzzi Unicem (+ 3.93%) and Cementir (+ 1.23%), directly affected by this provision. On the Ftse Mib, which stopped at 25,510.5 points (+ 0.35%), a positive day also for Banca Generali and Banca Mediolanum, which rose respectively by 1.52 and 2.82%, and, among banks, closing just above par for Banco BPM (+ 1.07%) and Intesa Sanpaolo (+ 0.91%). UniCredit also rose (+ 0.54%) after the S&P agency raised the outlook from “negative” to “stable” and reiterated the “BBB” (long term) and “A-2” (short term) valuations. The confirmation of the “buy” valuation with target price rising from 21 to 22 euros allowed Stellantis shares to score + 0.41%. Increase of half a percentage point for Assicurazioni Generali shares: Leone placed a new Tier 2 security by 2032 in a “sustainable” format. pread BTP-Bund, which rose to 112 basis points (+ 2.54%). This morning the Ministry of the Economy placed Short Term BTPs with maturity November 2022 for 2.75 billion and BTPs indexed to inflation in May 2051 for 1 billion. The first recorded a yield down by 3 cents, settling at -0.37%, while in the case of the second the figure rose by 8 cents to 0.47 percent. (in collaboration with money.it).
Welcome! Log into your account
Recover your password
A password will be e-mailed to you.