Wednesday, 16 March 2011

The Italian stock market remains below parity

The FTSE Mib yields 0.6%, the FTSE All-Share Italy 0.5%, the FTSE Mid Cap salt Italy 0.1%, the FTSE Italy Star 0.5%.
Among the bank confirmed the weak big Intesa Sanpaolo (-3.1%) and UniCredit (-2%), followed by Mediobanca (-1.8%). To penalize the industry and 'probably the Moody's downgrade of the long-term debt of Portugal.
STMicroelectronics (-2%) continues to lose ground. In reference to the situation in Japan, a spokesman said that the impact on revenues in the first two quarters should be limited. STM has not yet decided whether to repatriate the employees currently in the country of the rising sun.
Buzzi Unicem in red (-2.2%). Cheuvreux reduced its recommendation on the title to undeperform, with a target price stable at € 10.10. Also noteworthy is the negative data on U.S. real estate market.
Parmalat Sale (+2.9%) after Corrado Passera, CEO of Intesa Sanpaolo, said that in addition to the list to the board of directors of the funds Skagen, Mackenzie Zenit and there will be 'even as the bank headed by the current Henry Bondi.
Shopping on Impregilo (+1.5%) largely due to expected growth in revenues, estimated at about EUR 4 billion in 2015 against 2.06 billion in 2010. Last year, and 'went on file with profits of 128.4 million euro, +61% YoY due to non-recurring items.
About an hour after opening on Wall Street marks the S & P 500 -0.3%, Nasdaq -0.1%.

No comments:

Post a Comment