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by Fabrizio Patti 16 June 2020Today stocks have risen sharply since the opening, with an acceleration in the middle of the session: + 3.2% for the Ftse Mib index in Milan. The indices of Frankfurt, + 3%, Paris (+ 2.5%) and London (+ 2.3%) follow.  

Among the sectors in evidence, the construction sector: among the securities of the Buzzi Unicem sector + 8.2%, Cementir Holding + 8.14%, WeBuild (formerly Salini Impregilo) + 7.4%. This is because the White House, according to the Bloomberg agency, is about to launch a nearly trillion-dollar infrastructure plan.

Among the other securities of the Ftse Mib Banco Bpm + 6.3%, Tim + 6.3%, Bper Banca + 5.2%, Unicredit + 5.1%. Under the parity Diasorin (-0.7%), after + 1.7% yesterday. 

Yesterday afternoon, the Fed, the US central bank, announced a $ 250 billion private bond purchase program. This pushed Wall Street up yesterday and Asian stock exchanges overnight.

On the government bond front, the BTP / Bund spread is decreasing, at 182 basis points. Today the President of Consob, Paolo Savona, in the annual report launched the proposal for "irredeemable" public securities, ie without expiry, with a fixed tax-free coupon, to support the recovery.