Milan, 14 February 2019 – Turbulent morning for Borsa Italiana. Milan wakes up today – like yesterday – up (+ 0.43%), but after a while the Ftse Mib of Piazza Affari turn negative a -0.2%. On the other hand, the other European squares are positive: London + 0.43% Paris + 0.74% Frankfurt + 0.45% e Madrid + 0.25%. spread between BTP is bund slightly upwards a 268 basis points with a yield of 2.75%. Yesterday, the differential closed at 266.
To make Piazza Affari weigh down the trend of banks: Banco Bpm loses 2.05%, Intesa San Paolo -1.28% and Unicredit -1.74%. Well, instead, Astaldi, who earns the 13% at € 0.78. Reason for the peak the offer received from Salini Impregilo (in turn up by 4.2% to 1.94 euros) and the subsequent approval by Astaldi's board of directors of the plan and of the concordat proposal for the Salini capital increase of 225 million euros. Petroleum and other energy stocks are also positive, with Saipem which earns 2%, Tenaris + 0.6% Eni + 0.5% Italgas + 0.5% e A2a + 0.4%.
ASIAN BAGS – Le Asian bags they close weak, despite the optimism about the progress of the negotiations between China and the USA. They weigh the investors' wells outlets. Tokyo it withdraws 0.02%, Hong Kong of 0.235 e Shanghai of 0.05%. Shenzhen instead it gains 0.66%.
GDP GROWING EUROZONE, ITALY UNICA IN CALO – Meanwhile, Eurostat reports that in the fourth quarter of 2018, compared to the previous one, the Pil dell 'Eurozone and of the EU-28 is grown up of the 0.2%. For theItaly it is confirmed the only minus sign of the EU: -0.2%, the lowest, followed by 0% of Germany. Eurozone GDP rose by 0.2% in the third quarter and 0.3% in the EU-28.
GERMANY, GDP STILL – German GDP remains firm in the fourth quarter and so Germany avoids a breath technical recession, after -0.2% in the third quarter. In the first part of the year the German economy had pulled enough, registering a + 0.4% in the first quarter and a + 0.5% in the second. Overall, the GDP of Germany grows by 1.4% in 2018, 0.1 less than estimated in December and significantly less than 2.2% in 2017. Two quarters with the least consecutive sign would have meant the recession technique.
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