Business Square goes red
Milan Stock Exchange after a brief excursion into positive ground and falls back on his heels in red. The Mibtel index when it loses 0.50%, dragged down by IntesaBci, Bulgari, Mediolanum, Ras and Capitalia.
finance
Milan Stock Exchange after a brief excursion into positive ground and falls back on his heels in red. The Mibtel index when it loses 0.50%, dragged down by IntesaBci, Bulgari, Mediolanum, Ras and Capitalia.
Session Initiation banner sales for the DAX 30, the flagship index of the Frankfurt Stock Exchange, which marks a decrease of 1, 73% at 4291 points. Leading the red marks and, as often happens the title Infineon this morning leaves at ground level from 3.95% to 14.83 euros. Compounding the posizizone Infineon has also issued a downgrade by analysts at Credit Suisse First Boston on the semiconductor industry. Sales are also killed by intensity on Deutsche Telekom (-1.79%) and Volkswagen, which lost the 1, 5%.
Vivendi Universal has announced it sold 5,266,390 shares Vinci to yesterday’s closing price of 66.95 euros. The proceeds of the transaction, amounting to 353 million euros will be earmarked for debt reduction. Vivendi has also agreed to maintain a lock-up three months on 1,552,305 shares held by Dalkia. Title vivendi is exchanged at this time in Paris at a height of 20.20 euros (+1.97%), after touching an intraday maximum of 22 Euro.
The round scored positive YTD by the sector of driving games of the old continent. Although many players speak of the right time to profit from these titles are still many to move money into the sector because of the difficulties of the technology. A positive trend, therefore, despite the core area not shine, with sales of new cars that are languishing. The Frankfurt Stock Exchange stands out once again the BMW earning 2.33%, passing from hand to 41.7 euros. The Bavarian carmaker remains one of their favorite titles from Lehman Brothers which emphasizes in its report excellent profit margins of its models. On the upside also exchange Daimlerchrysler (+0.75%), Volkswagen (+0.42%) and Porsche. The car manufacturer in Stuttgart shows a good shape, analysts also rely on the fact that the upcoming debut of the new Boxster and the Cayenne (sport utility veichle an innovative, first Porsche sports car is not) can improve even more the margins earnings. The title Porsche is one of 10 titles recommended by Lehman Brothers. Purchases kiss this morning, car titles in Paris. Peugeot marks an increase of 1, 36% at 45.48 euros and rival Renault earns 2.34%, passing from hand to 52.5 euros. For the home of losanche analyst sentiment is improving every day. Morgan Stanley talks about the rescue operation reference model, and the synergies that Renault have scored with the subsidiary Nissan.
Proceed towards equality securities group Eni. And ‘the galaxy to give impetus to the Milan Stock Exchange to catch up. Eni traveling on equality in flexion of 0.02% to 15.86 euros. Saipem has a loss to 0.22%, Italgas yield of 0.40% and, finally, Snam Rete Gas lost 0.51%.
The Milan stock exchange trying to resist the plus arduously achieved during the morning. Mibtel marks a rise of 0.4% and Numtel rose 1 67%. Among the titles that support the index guide: Well Tim (+1.2%), Telecom and Olivetti. Sitting also positive for ST Microelectronics gudagna that just over 2%. Instead remain in negative ground: Bulgari (-1.7%), Intesa and Unicredito.Giornata not for the title of Ontario (-5%) and the recent capital increase for both the nervousness surrounding the case Nesta.
Start sitting in positive terrain for the titles of the telephone industry of the continent. In Frankfurt, Deutsche Telekom title marks a rise of 0.95% to 10.63 euros, well that France Telecom (+1.73%) and Orange, which marks an increase of 1, 55%, passing from hand to 5 9 euros. Swap unchanged Spain’s Telefonica Madrid Stock Exchange at 9.41 euros.
The rain of sales that hit this morning on a major stock exchange of the old continent has massively influenced the automotive sector. In Frankfurt the title of the BMW marks a decrease of 2.06%, passing from hand to 41.4 euros. Red mark for DaimlerChrysler (-2.86% to 47.6 million) and Volkswagen in the fall of 2.42% to 52.3 euros. Things do not improve by moving to Paris, Peugeot leaves at ground level from 2.39% to 53.2 euros, while rival Renault slipping 3.19%, passing from hand to 48.6 euros.
Leaders of the trade day full of sales for the sector of technology stocks of Deutsche Boerse, and most of the players looking forward to the publication of data from the Finnish Nokia. In ground negative exchange: Infineon Loses 1, 5%, also lower SAP (-1.16%) and Siemens, which marks -1.1%.
Starting today in Milan on the road show of Pirelli Real Estate. The exploitation of the upcoming IPO of the Milan Stock Exchange will be between 950 and 1,150 million euros, corresponding respectively to a minimum of 26 euros and a maximum of 31.5 € a share. Remember that the public offer will begin June 17 and ends June 19. The start of trading of the company’s real estate group Pirelli is expected by June 25. The total supply for up to 14,150,000 shares. The minimum lot will be 100 pieces.