BTP Italia boom, short sales are back from tomorrow
2020-05-18T10:37:30.559Z
Positive start to the week for European stock exchanges, with an acceleration in the middle of the session: Milan + 1.30%, London and Paris + 2.15%, Frankfurt + 2.80%. Piazza Affari is less bright due to the distribution of dividends by 49 companies, of which about ten represented in the Ftse Mib, the main basket of Borsa Italiana. The distribution of dividends has the effect of decreasing the share price. There is something new on the markets: Consob has decided that short selling will resume tomorrow. To simplify, those that make money in case of discounts. They had been banned on March 18, for fears of a speculative attack when Italy was the only European nation affected by the pandemic. In Piazza Affari higher increases for Unipol Moncler, FCA, with increases above 4%. Greater discounts for companies that have distributed dividends: Italgas, Unipolsai, A2A, Azimut, Generali Assicurazioni, Recordati, Diasorin. Despite the coupon detachment, Eni, Saipem, Prysian and Ubi Banca are rising. On the government bond front, the spread is down 4 points to 238. The subscription of the 5-year Italian BTP started well, reserved until Wednesday for small investors and whose collection will be used for healthcare expenses. Securities of 700 million euros were placed in the first hour. The minimum guaranteed return is 1.40%. For those who hold the securities for all 5 years, there is a 0.8% loyalty bonus. Also in Asia, the start of the week saw the plus sign: the Tokyo, Hong Kong and Seoul stock market indices all rose by half a main point. Last week ended with the Trump administration's announcement of a blockade of American technology semiconductor supplies to Chinese Huawei. Today, however, the words of Fed governor Jerome Powell weighed. CBS said on TV that the American economy will have a stable recovery in the second half of the year, even if a full vaccine will have to wait for a vaccine. But meanwhile the end of the lockdown in many countries and the data on the recovery of industrial production and on private movements in China are giving a new push to the price of oil. The American WTI in particular exceeded $ 31 a barrel. This is also due to the decrease in production also in the United States. The North Sea Brent is at $ 33.9 a barrel.
Share
by Fabrizio Patti Milan18 May 2020 Positive start to the European stock exchanges, with an acceleration in the middle of the session: Milan + 1.30%, London and Paris + 2.15%, Frankfurt + 2.80%. Piazza Affari is less brilliant due to the distribution of dividends by 49 companies, of which about ten represented in the Ftse Mib, the main basket of Borsa Italiana. The distribution of dividends has the effect of decreasing the share price. There is something new on the markets: Consob has decided that short selling will resume tomorrow. To simplify, those that make money in case of discounts. They had been banned on March 18, for fears of a speculative attack when Italy was the only European nation affected by the pandemic. In Piazza Affari higher increases for Unipol Moncler, FCA, with increases above 4%. Greater discounts for companies that have distributed dividends: Italgas, Unipolsai, A2A, Azimut, Generali Assicurazioni, Recordati, Diasorin. Despite the coupon detachment, Eni, Saipem, Prysian and Ubi Banca are rising. In terms of government bonds, the spread is down 4 points, to 238. The 5-year subscription of the Italian BTP started well, reserved until Wednesday for small investors and whose collection will be used for healthcare expenses. Securities of 700 million euros were placed in the first hour. The minimum guaranteed return is 1.40%. For those who hold the securities for all 5 years, there is a 0.8% loyalty bonus. Also in Asia, the start of the week saw the plus sign: the Tokyo, Hong Kong and Seoul stock market indices all rose by half a main point. Last week ended with the Trump administration's announcement of a blockade of American technology semiconductor supplies to Chinese Huawei. Today, however, the words of Fed governor Jerome Powell weighed. CBS said on TV that the American economy will have a stable recovery in the second half of the year, even if a full vaccine will have to wait for a vaccine. But meanwhile the end of the lockdown in many countries and the data on the recovery of industrial production and on private movements in China are giving a new push to the price of oil. The American WTI in particular exceeded $ 31 a barrel. This is also due to the decrease in production also in the United States. The North Sea Brent is at $ 33.9 a barrel.
