Ftse Mib, Mediobanca and Generali in the spotlight

Closing of the week marked by weakness for the European stock exchanges which, after disposing of the Fed effect, have returned to look at the Evergrande affair (the feeling is that the Chinese authorities do not have too much desire to get involved in the bankruptcy of the real estate giant). Tensions from China also come on the cryptoasset front, as the Central Bank has declared all activities related to cryptocurrencies illegal. In an Ftse Mib which closed in the name of weakness (-0.43% to 25,968.84 points), the + 2.49% of BPER Banca stood out while Unicredit and Intesa Sanpaolo closed in substantial parity (-0.07 and -0.12%). + 0.25% for Mediobanca and + 1.13% for Assicurazioni Generali: the former signed an agreement for a securities loan on 70 million shares of the insurance company. “The transaction, on a closed basis, which will last approximately 8 months and in any case at least until the Assicurazioni Generali Shareholders’ Meeting called to renew the Board of Directors, will make it possible to hold, together with the shares already owned, 17.22% of the Assicurazioni Generali voting rights “, reports the Mediobanca note. The fourth consecutive rise in crude oil (+ 0.8% to 77 dollars / barrel), allowed the trio formed by Saipem, Tenaris and Eni to score a +0, 97%, + 0.51% and + 0.28%. Outside the Ftse Mib, La Doria recorded a + 10.08% in the wake of the expectation of a share reorganization. “With reference to some news that recently appeared in the press in relation to a possible operation on the company’s control structure, La Doria is informed of the intention of the current majority shareholders to explore alternatives for valorisation. As far as the company is aware, the relative discussions are still in a preliminary phase. “The sector of public utility companies pushed the blue chip basket downwards: Snam recorded -3%, Terna -3, 11%, Hera -1.81%, A2a -1.87% and Enel limited its losses with -0.86%. Market tensions spilled over into the spread, which rose by more than 3% to 101 basis points. This morning the Treasury placed 2-year BTPs, registering a yield of -0.32%, less than 3 cents compared to the previous appointment. (In collaboration with money.it)