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by Fabrizio Patti 20 August 2019Care for the Milan Stock Exchange, which marks with the Ftse Mib -0.16%. They go up two tenths of a point between Frankfurt and Paris, three tenths of London.
Milan comes from a day, yesterday's, closed with an increase of almost 2%. Yesterday the industrial and banking stocks rose, expecting an expansive intervention by the ECB in September. There have also been reports of possible stimuli for a German economy that the Bundesbank now sees in recession.
Today, at Piazza Affari, banks are down, -0.45% for the Ftse All Share Banks index.
On the Ftse Mib best Juventus title (+ 3.36%), Banco Bpm (-0.81%), Ubi Banca (-1.28%) and Bper Banca (-1.96%) closed the ranking.
In China, the reference rates for loans to commercial banks have been lowered today and the news yesterday brought Chinese stock exchanges up 2 percent. Today, however, both Shanghai (-0.11%) and Hong Kong (-0.41%) lose, while Tokyo is positive for the third consecutive session (+ 0.55%).
However, on the day of the speech by Prime Minister Conte in the Senate, the focus is on politics. The Btp Bund spread is up slightly, at 212 basis points, 4 more than yesterday.