Monday, January 4, 2016

European stocks increase losses, Milan -3%. Ferrari debuted at 43 euro – Il Sole 24 Ore

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This entry was posted on January 4, 2016 at 9:07.
The last change is the January 4, 2016 at 17:06.

It expands the current sales of all European financial markets: Milan touching the lows of the day and it sells with the FTSE Mib 3%, while Frankfurt is still the worst of the day down more than 4 percent. Go wrong all equity sectors with the Milan Stock weighed down by banks and luxury, which pays the Chinese crisis.

MPS is output from the auction of volatility decline of almost 5%, while Ferrari in Milan 43.4 EUR share, above the price of launch, and New York City $ 47, down 2 % compared to the closing of last Thursday, the last session of the week.

Wall Street goes negative. The Dow Jones lost 2.35% to 17,017.59 points, the Nasdaq yields 2.94% to 4,861.15 points while the S & amp; P 500 leaves on the ground 1.97% to 2,003.82 points. The last few times during the first session of the year the US indices have lost more than 1% were 2001 and 2008.

The prices of Red Fca and
In front of the Stock Exchange, as had happened in New York on the occasion of the listing on Wall Street, it has exposed the full range of Maranello: ten models including the ‘ latest creation, the F12 Tdf. Stock Exchange Palace Ferrari red, with banners on the facade of the house of Maranello.

The title Ferrari, said the CEO of the Italian Stock Exchange, Raffaele Jerusalmi, will join the FTSE MIB index. “With the listing has opened a new chapter. It is a new goal, a new start. ” So the president of Ferrari Sergio Marchionne after the debut of the Maranello Stock Exchange. “Competing on the list of Milan for Ferrari is like going back to basics,” he added. And on the share price he said: “The closure of the market today do not think is a sign of anything. It will take time. Today’s result, Ferrari, on the stock exchange will be for people who take a stand. We have to wait for the next two weeks interference disappear. We expect settles. It will take time. ” And on Fca, after spinning off Ferrari, Marchionne has confirmed the 2018 target, “Melfi’s going great, I share the optimism of Renzi for 2016. Let’s see tomorrow how the market will go. December was a month decent, good for the North American market and European, are quite happy with the 2015, and I have no reason to think that 2016 will be different. ”

Also present was the President of the Council, Matteo Renzi. The prices of Ferrari is “a very nice gesture, very important and I think that should be followed by other companies that are listed outside the country,” said the premier. “Right now the Italian Stock Exchange has had outstanding results, posting in 2015 the best increase among bags Western – said Renzi – I believe that the listing of Ferrari is an extraordinary opportunity for investors,” he concluded.

A Palazzo Mezzanotte with Sergio Marchionne, President of Ferrari, are John Elkann, chairman of Fca, Piero Ferrari, son of founder Enzo, the CEO of the Maranello Amedeo Felisa, the director of the department Maurizio Arrivabene races. This also Lapo Elkann.

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