Gabetti has finished the first half of 2002 with revenues from brokerage for 22.2 million euros, up 3% over the same period in 2001. Revenues from loans increased allocation of 38% to 6.2 million and revenues from franchise rose instead of 25% to 2.5 million. The consolidated net profit totaled EUR 0.9 million in line with a profit of 1 million achieved in the same period 2001.
Black Friday for Numtel. The list of the new market has indeed touched the record low of 1.258 points due to bad session yesterday on the Nasdaq and the letter that is affecting the top headlines of the list and particularly Tiscali. The company led by Renato Soru is in fact losing 2.5% share by testing 4.5 euros, just above historic lows. Sales, however, also interessanno Acotel (-4.2%), AISOFTW (-3.5%), Digital Bros (-3.5%), e.Biscom (-1.6%), Finmatica (-3 , 3%) and I. Net (-5%).
“The market is placed in a downtrend for several months, but by the end of July is moving in a trading range,” said Julian Sarricchio of Banca Sella. “This phase side in theory could also represent the basis for a reversal of the main trend, but right now I feel much more likely that this is a first phase deployment of a new downward momentum.” Regarding the Mib30, identifies Sarricchio two bands of oscillation. “The first band, the most narrow, is between 25,850 and 24,100. The second, more important, he sees as a support area such as strength 23350/500 and 27000/200 share. This level is crucial from the point of view technical as it coincides with the gap-down open on 10 July, with maximum of 27 August and finally crosses a trendline bearish medium-long term, “says Sarricchio.Per who wants to operate on the market, the analyst recommends to purchase only on the weaknesses and stop loss drives. “We are in a highly volatile market phase, there are risks of false signals that it is better not to rely excessively intraday movements. Better to wait for lower prices, and still track the trend of the Euro / Dollar, whose correlation with the bag was particularly high in recent times. Among blue chips, in this moment we favor the more defensive as Italgas, Highways, and Snam Rete Gas. Interesting Mediaset, which has recently outperformed the index and therefore could be a major beneficiaries of a possible rebound, “concludes Sarricchio.
It ‘a very bad day for the title of the French Crédit Agricole Paris stock exchange, which currently scored a 7% drop passing from hand to 19.25 euros. According to traders in Paris to weigh are the data for the first half, which have highlighted the dire consequences of its exposure in some hot markets of South America. Today in the operations rooms also bounce the rumor that the management of the Agricultural would be considering the possibility of a merger with the Lyonnais acquire the entire capital.
Important news for Impregilo. The Milan-based company has in fact won a contract to four years in the U.S. by 300 million euros for the upgrading of the drainage system of the municipality town of Portland Oregon.
Seat weak for the new European markets, reflecting the weakness of technology stocks. In Paris Nouveau Marché scored a fall of 0.25% to 561 points while his German colleague Nemax 50 leaves on the ground 1, 02% at 449 points.
The Spanish government now seems ready to emerge completely from the capital of the national airline Iberia. This was announced was the holding company Sepi, which manages the share still held by the state following the privatization and listing. Today Madrid still owns 5% stake in Iberia. Operation but this will be conducted in a phased manner so as not to unduly affect the share price.
Reverses the route Piazza Affari, thus following in the footsteps of other European exchanges. The Fib is testing the 25 thousand points while the Mibetl is down by 0.45% because of profit taking hit the headlines that are financial and TMT.
Increases the tension on France Télécom on Friday will present the accounts for the first half of the year. To complicate the situation are also rumors that the French giant wants to leave the German market, leaving the capital Mobilcom. The title of the German telecom this morning suffered a collapse and again the Neuer Markt loses over 23% of its value. The title debuted France Telecom on the upside despite the theme annnuncio a debt of 70 billion euros and the possibility of a huge increase in capital.
opposing trends for the two operating companies of the group Olympia. While Telecom (+1.1%) benefits from the rebound that has been affecting the entire European sector (+4% DT), Tim posted a fall of 0.39% with the title that is testing fee 4.30 euros. The market was a little ‘disappointed by half of Tim while he appreciated that Telecom, which has achieved a consolidated net profit of 770 million euros, an increase of 59.4%.
