Press down a finger on the title of the six-legged dog. Eni is in fact rising of 3.51% by the action changing hands at 16.17 euros, on top of the sitting. Over 12 million units traded. To remember that yesterday the chief financial officer of Eni, Marco Mangiagalli, said the dividend paid by the company this year is sustainable in the coming years unless major steps.
The cyclone struck the WorldCom financial markets in Europe and on the final session were, however, filed their losses. Frankfurt now reports a decline of 2%. Suffer various tech stocks like Infineon (-8.7%) and Deutsche Telekom (-5.6%). Even bad insurance companies exposed to WorldCom: Allianz leaves on the ground for 5.5%, while Marschollek is delayed by 3.9%. Save the car: BMW (+1.32%), Volkswagen (+0.8%) and DaimlerChrysler (+0.48%). Paris, meanwhile, closed the session with a fall of 1, 73%. Plot twist for Vivendi Universal: in a deep crisis until a few moments when he got up from the buy of JP Morgan who led the way to earn 7.78%. Collapse, however, Alcatel (-16.47%) and France Telecom (-8.02%). In general, the Paris market all the big players of the ball tmt have suffered. In London, the black jersey was worn by British Airways which has left at ground level from 5.9%. In red all other squares of the Old Continent: Amsterdam lost 2.43%, Madrid 1, 33%, while the SMI, penalized by the collapse of insurance companies, closed late of 2.64%.
goes to the Asian financial crisis, the main square that closes the session with a fall of 2.44% to 10,354: the lowest value reached during the past four months. Too bad Topix which marked a setback of 2.02% to 1002 points. Wall Street weighed in particolor way, closing the deficit in the Nasdaq that has kicked the sector of technology stocks, including Sony, which has lost 4.14%.
European shares were also in red marker, and the financial center of Milan is not exempt from this trend negativa.L ‘Mibtel index represents a decrease of 1, 75% and Numtel leaves on the ground almost 3% . I am still the bank stock to be under pressure, sales primarily affect Bipop and Banca di Roma, which lost more than 3 points either percentuale.Male also Bulgarians, Mediolanum and Pirelli.Oggi the good news is unique to the euro, the currency swap at a distance from 96 cents.
General Motors confirmed that it intends to acquire part of 51% of Fidis, the financial arm of the Fiat group, without giving further details. The American group would launch negotiations after learning that three Italian banks, BDR IntesaBci and San Paolo Imi, submitted its offer to acquire the finance division of Lingotto. GM could use an exclusive clause, included in the agreement signed in 2000 between the two groups, the position ahead of any asset of Fiat.
The vision of the market remains very cautious. Better sit still and not burn with reckless investments. “We remain underweighted on equities,” said Giuliana Porta, an analyst at Dresdner Albertini, “We are positioned rather than on bonds and cash. There is in fact the fear of negative earnings surprises, and not just the United States. Better positioned then on the defensive, as utilities and pharmaceuticals, even if just on the Italian market. We remain neutral on the headlines instead of negative impact on the financial sector and consumer-related shares, such as cars, and technology. “
The British energy group Scottish Power marks an increase of 3% on the London exchange after publishing the financial statements for the first nine months of the fiscal year. In particular the positive trend in sales that grew by 73% to 4.57 billion pounds.
It seems well established that the process of European stock exchanges starting at full speed and then fall back by the opening of Wall Street. Also today is the start was positive for financial markets of the old continent and in Milan the Mibtel index rises by 1, 63%. Piazza Affari arises as the head of the rise in Europe.
Positiva this morning marking the opening of the FTSE +0.50% and exchanges at 6,200 points. On the upside with Vodafone Airtouch +2.50%, after negative data released yesterday by Mannesmann. Halifax salt in the financial sector (+5%) said he wanted to make huge investments on the Internet to create a network of online sales.
Today, the French investment bank Societe Generale and American Dun & Bradstreet announced their intention to launch an Internet service dedicated to foreign exchange and financial management. Export Performance, a new online product created by the two institutions, will also get real-time financial information to internationally. The title trans right now earns 3.3%.