The exploits of Repsol (+10%) and renewed confidence among investors are pushing on the maximum day the title of the six-legged dog. Eni is rising by 4% testing fee 16.80 euros even though volumes are lower than the daily average last month.
Excellent show of force on the UK insurance sector, the sector remains the focus of investors after the scandal that hit telecoms giant WorldCom. At this time, Prudential earns 7% to 599 pence, CGNU up by 6.6% to 524 pence, Legal & General surplus of 4.8% at 131.5 pence, while Royal & Sun Alliance jumped ahead by 5.9 % to 252 pence.
Shares of the French group Vivendi Universal collapsed ieir the Bourse in Paris, losing about a quarter of its value and sliding toward its lowest level in 13 years. Investors have penalized the title as concerned about the liquidity of the company after a complex series of financial transactions.
“Given the uncertainty that hovers on the market and the sharp reassessment in recent days by Bipop, investors have rediscovered Banca di Roma. But in this case pushing downward.” And ‘this is the explanation that comes from a trader of a note that indicates sim Milan as arbitrageurs are doing “dance” the two titles. Bipop is preparing to close in upward of 1, 2%, while Bank of Rome gives 3.63%.
Still in difficulty, the London Stock Exchange, which weighs in particular the negative performance of two big cap as mmO2 (-15.5%) and ARM Holdings (-12.4%). Henk Potts, investment manager at Barclays Private Clients, says that investors are still worried about the income prospects of the companies and the timing of an eventual recovery, while beginning to emerge as fears of future increases in interest rates. “It ‘hard to understand what will bring the market out of this impasse,” said Potts.
The desire for the airline, pending snap holidays. The Alitalia continues to benefit from the return of investors after the good quarter, which also enshrine the “twinning” with Air France. Francesco Mengozzi will sit in the board because of the French company while Jean Cyrille Spinetta will land in Rome. Title growing by 3.3% to 0.85 euros. From early May, the thiol has gained nearly 25%.
Highways, the recent privatization of IRI, is still the focus of the market, not for his performance today, but because of the rebus Antitrust. Meanwhile, the title, which gained 26.58% YTD, leaves at ground level from 2.81% today. “The decline today was due to profit taking,” says Sergio Governale analyst Borsaconsult, “In the last two sessions, the trading volumes were very high and reached near record levels. And ‘natural that today’s investors to carry out what true. The market continues to show very positive way and above seems to almost take for granted a positive decision on the acquisition of the controlling Antitrust Autostrade by Edizione Holding, the holding company of the Benetton family, who led the climbers interested in privatization. If the decision were to be positive but not the title may be much backlash. E ‘therefore inadvisable to purchase the shares at this stage not yet clear. “
Mediaset, after being suspended for excessive rise in the final day yesterday, even today remains in bargaining for a few minutes. After having fixed the price of 23.60 euros, in fact, the title of Biscione was stopped at Piazza Affari. Thus continues the attention of investors in the media sector and in particular on the company’s stock.
Riammessione for Finmatica: the current price of 73 euros the title leaves behind its target price of 70 euro set recently by a prominent Italian sim. Closing yesterday at 57.4 euros (+20.23%) which followed a peak of 62.81 euros demonstrates the continuing appeal of the company to investors. According to analysts Finmatica benefits on the one hand by waiting on new business in the sectors of e-commerce and other security offered by the image of the newly acquired Intesis. The explosion of trade is also due at the title by massive investment funds, which prompted yesterday’s share trading volumes and over 500 billion lire.
hdp is losing its charm and investors seem to stay away from the title. At this time the action is being traded at 1.54 euros and is losing almost 2%. “The company, which has been much neglected in the course of ‘99, he found his strength in the entries of a possible spin off of RCS,” said Mario Spreafico, manager of Royal & Sun Alliance, “the title at these prices has already arrived, unless significant new interesting news on the future internet strategy company, which for the moment is still nebulous. Incidentally hdp now been branded as prey of some other group that have highlighted as most predators, which diminishes its appeal.
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