not exactly a brilliant debut for the latest freshman Piazza Affari. Asm Brescia, it’s trading at 1.845 euros, a decrease of 0.27% compared to the placement price (1.85 €). Remember that the price IPI was fixed at 1.85 euros per share against 2.1 set as a minimum of a fork.
fall into trading giant German technology. Sap is losing 14.8% with the title changing hands at 74.1 euros after warning on revenue in the second quarter. SAP has announced that it will comply with the expectations: the new growth estimates are between 5% and 10% (previously 15%). SAP said it had paid extra expenses for 414 million because of writedowns of investments in the U.S., including 318 million for minority stake in Commerce One.
“After a long downturn, the Mib30 bounced in recent weeks on the support of 26,100, but the next breakout of 28,000 was only a false signal,” said Valerio Fraccaro, technical analyst at B & S Joint. “The index is then returned to test part 26.500, before bouncing scored on the end of the last octave. And ‘possible to envisage the formation of a figure head and shoulders (H & S) bullish, with slightly sloping neckline that currently passes for 28,300 whose confirmation identifies a target at an altitude of 30,500 to complete the pattern. But first you must pass another major area of resistance around 29300/29500. Fraccaro recommended in all cases to maintain an attitude of extreme caution, as the tendency of the medium to long term remains negative and had the good signs last week were not confirmed to be volumes increase. A possible upside of the short term should be exploited for trading operations or close to lighten positions. “The picture is still rather uncertain,” the analyst continued. ‘And’ necessary at this point keeping 27000/26800 but above 26,100 not to see a further weakening of the market. “
From Bulgari do know that during the month of June, the company repurchased 474,313 shares. Buy back for Bulgari has decided to not have to have permission from the board if the share of shares purchased is kept within the limits imposed by Consob within 25% of the average trading the previous six months.
The title of Freedomland will remain suspended from trading pending a statement, also in the session dell’afterhours Piazza Affari.
Dax loses half percentage point during the five trading days weekly. Black shirt with Deutsche Post that jumped back accused of 6,65%. The postal group suffers the clash started with the EU after it has requested a refund of half a billion in the German state. Volkswagen also flounders in the eighth, remedies fell by 6.5%. Difficult week for Allianz, which leaves at ground level from 3.75%. The insurance group is suffering a farewell from his capital of Deutsche Bank and the loss of primacy on the Dax as the most influential companies on the index. Deutsche Telekom, after deciding to put on sale its stake in France Telecom, accusing a decrease of 2.65% overall. In good soil, however, Adidas, whose title is bringing home a gain of 6.63% of the eighth. The sportswear giant, having digested the defeat of the French national to global, has received the good performance of the German came up to the semifinals. Deutsche Bank: divorce from Allianz benefits the title that earns 4.95%.
E ‘the red marker to dominate trade in petroleum titles of the continent. In sharp downward mistakes the French Total Fina Elf, which marks a decrease of 2.03% to 154 euros with strong trading volumes. Royal Dutch also negative in soil that loses the 1, 17% and Spain’s Repsol in Madrid that the bag left on the ground or 0.41%, passing from hand to 12.10 euros.
Frankfurt is preparing to close the eighth stock licking deep wounds. The budget is heavy with the index losing a total of over 6.5%. A peak Marschollek (-17%) which weighs enormously the investigation to ascertain the alleged irregularities on the financial statement. The company reassicurativa lost in 2002 over 60%. In crises, including the other players in the banking sector insurance: Muenchener Rue is down 10%, Allianz is faced with a loss of 8, 5%, while Deutsche Bank suffers a fall of 8%. Delude also the field of four-wheel penalized by the decline in sales that has characterized, from early years, the market for four wheels in Germany. BMW and Volkswagen respectively lost 11% and 8, 5%, while DaimlerChrysler leaves on the ground for 8%. Among the few survivors titles indicates E. On, which contains the five trading days an increase of 1, 09%.
“In Japan the Nikkei’s attempt to exceed 12,000 shares seems definitely gone down,” they know from BNL, “Flows for the Nikkei could be so exhausting and this opportunity to finally go down in the short-term trading. The Bank of Japan hacomunque revised upward his remarks on the economy for the quartomese in a row, citing strong exports and industrial production, but warned that the recovery could be slow because of weak demand. “
Despite the profit warning the American Palm, the British chip designer Arm Holdings bounces with the London Stock Exchange decision due to the positive opinion of Goldman Sachs. The investment bank has raised its recommendation on Arm from market outperformer to buy trading, highlighting a potential upside of 40%. The title currently exchanges at 179.25 pence a share (+4.2%).