Borsa Italiana, commentary of February 24, 2023 hearing

The main indices of the Italiana Stock Exchange and a record of the main European financial centers Partial discounts In the last session of the week. According to Thomas Tilles – Director, Head of Portfolio Strategy, Private Clients at AllianzGI – if there is no immediate drop in production activity and inflation continues to slow, The European “renaissance” can continue Despite fears of a global recession and it could even become a trend. “It’s an encouraging prospect for Europe, after more than 10 years of relative weakness on the equity front compared to the US market,” the expert speculated.

at 12.55 FTSEMib It decreased by 0.34% to 27,186 points, after it fluctuated between a low of 27,164 points and a high of 27,413 points. At the same time FTSE Italia All Share lost 0.3%. minus sign also for Medium hat from FTSE Italia (-0.01%) f Star of FTSE Italy (-0.26%).

the Bitcoins It is confirmed for less than $ 24,000 (about 22,500 euros).

the BTP-Bund spread It is still below 190 pips, with the 10-year BTP yield rising to just over 4.35%.

L’euro It consolidates below $1.06.

Telecom Italia TIM The protagonist of Piazza Avari, on the day the Board of Directors meets to decide on the non-binding offer received from KKR for NetCo. Phone company stocks are on the rise 0.79% bullish at 0.3049 euros.

Also highlight Where is it?After the severe correction he was subjected to in the previous session. The oil giant’s stock is fracturing 0.18% discount At a price of 13.334 euros.

better performance for Saipem (+ 3.02%).

Negative intonation of a file Monte dei Paschi di Siena (-1.67% to 2.5865 euros). The Sienese Institute has placed an unsecured senior bond with a maturity of 3 years (to be paid in advance after 2 years), intended for institutional investors, for an amount equal to 750 million euros. The bond received orders for about 1.6 billion euros. Monte dei Paschi di Siena set the coupon at the final level of 6.75%, well below the initial range of 7% to 7.125%.

In MidCap, back off doValue (-5.18% to €7.32)After publishing the preliminary results for the fiscal year 2022.