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by Fabrizio Patti Milano13 July 2020Opening the title of Atlantia, which owns 88% of Autostrade per l'Italia, is unable to make a price. The theoretical auction price is down 14%. Last week it closed with a 10% drop in share value, -35% since the beginning of the year. The press reconstructions that indicate the government oriented towards the revocation of the concession or alternatively the exit of the Benettons from Autostrade per l'Italia.

In Europe today a positive opening. Ftse Mib + 1%, London and Frankfurt + 1.1%, Paris + 0.9%.
In Piazza Affari there was an increase in all the main sectors, the healthcare sector slightly down (-0.5%). 

During the night strong rises also in Asia, in particular on the stock exchanges in Tokyo (+ 2.22%), Shenzhen (+ 3.37%) and Shanghai (+ 1.77%), a list that comes from a week of rallying.

The week will see Thursday's ECB meeting and talks on the Recovery Fund under observation in Europe. In the United States, the quarterly season begins tomorrow, with the results of three major banks: JpMorgan, Wells Fargo and Citigroup. They will give indications on the forecasts of the companies on the year-end accounts.

BTP / Bund spread stable, at 169 basis points.