Posts Tagged economy

CSFB and ‘overweight on banking stocks in Europe

CSFB has maintained an Overweight opinion on the European banking sector, with a prefernza particularly for English and French lenders. The assessment is based on expectations of an economy in trouble, but far from the possibility of a recession. Interest rates should remain stable in the U.S. and fall by 50 basis points in Europe. The preferred are Banco Popular, HBOS, Lloyds TSB and Societe Generale.

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Asset management in the storm

Heavy decline for the sector asset . The news is not positive just arrived yesterday evening from the Beige Book on the health of the U.S. economy are weighing on Fideuram, which is declining by 3.48% as slipping below 4.70 , but also on Mediolanum (-3, 67%) to 5.19 and Fineco (-2.49%) to 0.49 .

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A Piazza Affari roar bank

In a day marked by a positive constant value, which reached a peak in the early afternoon, the banking shine, overwhelmed by a wave of purchases. Particularly in light BNL (+10%) and Banca Intesa (+ 8.50), but also San Paolo, Unicredito and MPS are registering a marked improvement. Advance in unison the three of the economy: Fideuram, Mediolanum and Bipop. Other salient themes can be identified in the advancement of real estate Bastogi, Brioschi and Beni Stabili, in the progress of HDP, Snai and the “three A” multiutlity: AEM AMGA and Acea. Between phones, it advocates the gap between the earnings of the savings shares and losses in cases of ordinary shares of Telecom and Tim. Closing the Mibtel closed in advance of 1 .42%, the Mib 30 has instead gained 1 .24%.

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This fix is’ a buy opportunity

The correction does not scare everyone and some operators consider this phase of decline as an opportunity to purchase. “The has changed significantly over the past two years, according to the behavior of and the birth of the economy,” says Mario Spreafico, manager of Royal & Sun Alliance, “The technical analysis on the index is now just indicative, rather watch the progress of the individual or sector, always operating with a view to selection. The liquidity is very high even if a cast is in the hands of retail , who do not mind selling at a loss to reposition the portfolio, but prefer wait to come back at least on an equal footing. This moment is in my view an opportunity to purchase special interest on certain securities, such as technologies that have corrected a lot.’ll also begin to accumulate Seat and other media, such as L’Espresso , Mondadori and Mediaset. Or a few titles in the energy sector, focusing the interest on medium capitalizzazini as Sondel and Italgas. Finally, e-Biscom has still room to grow. “

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Old Economy wins in Frankfurt

The Old Economy wins in Frankfurt. While Deutsche Telekom and Epcos continue to lose points, the chemical group Schering marks +9.93%, with Henkel recording +3%, and Fresenius +3%. Well also the industrial Preussag marks + 3.05%.

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London awarded the Old Economy

Trade up for Fste of London marks +1.02%. They grow here too, the securities of the old economy thanks to good performance for the Dow, while the economy continues its descent. Vodafone forgiveness eBritish telecom, but also Baltimore technology. Also drops software Logica, which marks -5%.

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Returned to light the bank

A mid-session snap forward the , who remained in the shadows in the morning. Back then the interest of Unicredito, BNL, Intesa and Sanpaolo, rediscovered the one hand as securities shelter against the weather in the and the other as a bridgehead in the economy, given the many initiatives virtual institutes are implementing.

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In London he won the New Economy

London closed in positive increase of +2.21%. Well today all technology with a strong rise of Vodafone Airtouch, which marks +7% to 302 pence because of good information and the agreement with Telecom. Among the few discounts defensively than the American Tobacco.

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Worsen European stocks, down ‘the TMT

The slide in the (-3.50%), which has reached 3127 points, is pushing downward the main centers of the Old Continent. Frankfurt (-2.6%) thus dropped below the 6,500 points, Paris (-2.75%) to 5974 points and London (-1.7%) to 6143 points, drag the debacle of titles in the economy.

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Blue, new suitor on the horizon

The emergence of a suitor for the hand of Blue, which is the E-Su active in consulting designed to conceptualize, develop and support projects and activities of the digital economy, complicating the game. This proposal puts a spoke in the wheel to Tim. If nothing else, the expression of interest will be verified by the EU.

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