finance
Session Initiation positive for the major European stock markets, after a good session scored by Wall Streett last night. But Europe this morning seems to also take advantage of the pause that today’s markets the U.S. compared to holidays. In sharp rise in the stock market opened with the Paris Cac 40, which marks +1.82% to 3689 points. Out in front of Frankfurt’s DAX 30 marks +1.73% to 4209 points.
Yet another bump in the automotive market. In June, the decline in registrations in Italy was 17.2% compared to the same month in 2001. The fall in the first six months of the year was therefore 13.4%. The highest price it pays Fiat with a decrease of 20% of market share while the registrations for the home Turin fell by 34.7%.
The scholarships are trapped in the dark tunnel of the crisis and one of the first areas that continues to pick up the bill is that of luxury. Added to this is that it is the economic crisis in Japan and the fear of attacks, which reduced the tourist trips, weigh on the accounts of companies in the sector. So today, the title Tod’s leaves at ground level from 3.33%, dropping below 45 euros. Tod’s is trading at 44.9 euros.
hard braking for the group of Lingotto. According to data provided by Motors in June, group sales were 30%, 53% less than the same period last year. Of note is that in six months, the decline was more than 20%. Regarding only the Fiat’s market share is 19.97% from 25.32% a year ago.
There seems to have the strength to recover the price of technological Piazza Affari. The Numtel is in fact registered a decline of 0.6% due to a false start of On Bank (-3.7%), BB Biotech (-3.2%), Finmatica (-1%) and Tiscali (-1% ). Continues, however, interest in Vitaminic that has been suspended for excessive upward at 15.70 euros. Even yesterday Vitaminic has been suspended for almost the entire session. The company has denied any operation on capital.
does not stop the enthusiasm of the Milan Stock for Italgas that is touching new high. The title of the company led by Alberto Meomartini is in fact going up 5.45% of the testing fee 11.85 euro after a maximum intraday 11.95 euros. Very high trade: 8.5 million units compared to an average of 1.4 million. Italgas benefits of resolution dell’Autority Energy, which changed the mechanisms for setting tariffs for local gas distribution companies taking over the Tar signs of Lombardy.
Analysts at Morgan Stanley judge still attractive to the oil sector. “We believe that economic recovery will lead the growth of oil demand, and therefore at least the stability of oil prices over the next two years,” they hear from the merchant bank. Among the different titles is interesting to Saipem. The study highlighted how it has been slightly polished the expectation of EPS Saipem 2002, which rose from 0.44 to 0.43 euros, but is instead increased the estimate for 2003 from 0.43 to 0.52 euros. Morgan Stanley expects profits for Saipem 2002-190 million euros against 168 million in 2001, which then rise to 231 million euros in 2003. Aumeteranno the income from 1.927 billion euros in 2001-2780 million for 2002 and 3.502 million in 2003.
KJ Jacobs confirmed that it had reduced its stake in the Swiss capital of Adecco, the world leader in temporary employment. KJ Jacobs has sold to institutional investors a share of 3.1% directly to institutional investors. The company, however, stated his intention of keeping long the rest of his stake in Adecco. The title of this morning marks the Swiss stock exchange in Zurich a decline of 0.90%, passing from hand to 87.95 Swiss francs. The budget held YTD shows the title give 2.5% of its value.
