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by Fabrizio Patti 07 April 2020 The rise in equities continues thanks to the towing of Wall Street throughout Europe. Milan's Ftse Mib index rose 4.34%, the best performance in the Old Continent, together with the Frankfurt Dax (+ 4.1%). Paris (+ 3.50%) and London, + 2.73% are also toned.

Overseas, Wall Street index futures rise by more than 3%. It is a rise following yesterday's 7% increase in the Dow Jones, which has reduced the drop since the beginning of the year to 20%. The second day of the week had also been marked by increases in the Asian markets. Almost + 2% for the Shanghai and Seoul indices. The link with the data on the epidemic is likely. Yesterday, no casualties for Covid-19 in China, for the first time since January. While in South Korea second day with less than 50 infections. Cases are growing in Japan, where the government has announced aid to the economy for the equivalent of 900 billion euros. + 2% for the Tokyo stock exchange.

The rise in Wall Street could also be linked to expectations of a slowdown in cases in the United States, although there is no homogeneous assessment on this point. US President Trump yesterday in a press conference said "there is a huge light at the bottom of the tunnel," adding that "ten therapeutic agents are undergoing active trials and some seem incredibly successful."

The Eurogroup will be held in Europe this afternoon, which will have to discuss the Community instruments to support the economy, under observation of the spread. Yesterday it closed down to 194 basis points, from 201 on Friday. Today a new slight drop, to 192, with a 10-year BTP yield of 1.56%. A trend influenced by the purchases of the European Central Bank.

Among the sectors in Piazza Affari, even today the greatest progress is for technological (+ 6.3%) and banking (+ 5.17%) stocks. Among the stocks, rises above 7% for FCA, Exor, Buzzi, Leonardo and Mediobanca. It stands out among the individual DiaSorin stocks, + 6.30%. The diagnostic company has announced that it has completed the necessary studies at the Policlinico San Matteo in Pavia for the launch of a new high-processing volume serological test (170 samples per hour) to detect the presence of antibodies in patients infected with SARS. -CoV-2.