Tuesday, December 13, 2016

Banks and Mediaset drive gains in european stock markets – The Financial

bags european advance for a second day in a session volatile, in the midst of the truce of oil and on the first of the two-day meeting of the U.s. Federal Reserve (Fed).

Likewise, the increase of 25 per cent of the papers of Mediaset by the expectations of an offer of the French group of media, Vivendi, drove the gains in the markets.

Italian banks also are listed in positive, and the sector index went up 1.3 percent at times in which the European Commission appears to be willing to discuss with Italy several options to address problems faced by the lenders.

shares of the largest bank of Italy, UniCredit rebound 8 percent after it said would raise 13 billion euros (13 billion 830 million dollars) in the biggest share issue in the country to consolidate its balance sheet and boost profitability over the long term.

The values of Monte dei Paschi di Siena rose 1.4 percent after a source from the Treasury said Monday that Italy was ready to inject capital to the bank if you do not get private investors to the five billion euros that need to keep running.

The reference system of the pan-european STOXX Europe 600 advancing 0.3 percent after closing lower in the previous session.

then the price of the main european markets:

Stock Index midday Points Percent

London’s FTSE-100 6,933.50 +43.90 +0.65%

the Paris CAC-40 4,787.36 +26.59 +0.56%

Frankfurt’s DAX 11,261.97 +72.29 +0.65%

Zurich SMI 8,116.53 +73.78 +0.94%

Madrid Ibex-35 9,275.00 +88.60 +0.96%

Milan MIB Index 18,635.00 +271.18 +1.48%

Lisbon’s PSI-20 4,634.95 -2.14 -0.05%

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