Borsa Italiana, commentary of the March 29, 2023 hearing

The main indices of the Italiana Stock Exchange and the main European financial centres Record progress of more than 1 percentage point. According to Pierre Ferret – Technical Analyst at ActivTrades – Confidence in the equity markets appears to be strong, with the main pillars containing any landing attempts for the time being, despite the turmoil in the banking sector. The expert specified, “Investors rule out an increase in the liquidity supply and a more favorable approach by central banks, in the form of a slowdown in the pace of interest rate hikes and in the future also reductions in the cost of money.”

at 15.35 FTSEMib It rose 1.3% to 26,673 points, after it fluctuated between the lowest level at 26,420 points and the highest level at 26,682 points. At the same time FTSE Italia All Share It rose by 1.27%. plus sign for file Medium hat from FTSE Italia (+ 1.08%) and l Star of FTSE Italy (+0.62%).

the Bitcoins Close to $28,500 (just over €26,000).

the BTP-Bund spread Confirmed under 185 points, with BTP return for ten years which exceeded 4.15%.

L’euro It fluctuates around $1,085.

Bank stocks remain in the spotlightAfter the strong fluctuations recorded in the past sessions.

rise of Monte dei Paschi di Siena (+ 5.45%). Also good BancoBPM (+ 3.28%).

in partial progression Telecom Italia TIM (+0.61% to €0.2973)After the rise achieved in the previous session. As written in Il Sole24Ore on April 18, 2023, Kkr and Cdp-Macquarie will have to formalize their final bids for the telephone company’s network infrastructure, which could be better in terms of quality and evaluation.

bounce off STM extension (+ 5.49% to 46.975 euros)After the correction he was subjected to in the previous session. Barclays analysts raised the price target for the Italian-French group from €60 to €64. Experts confirmed the stock buy signal.

MidCap slip entercus (-5.09% to €13.43). Some news agencies reported on the offering of 5.5 million shares of the company at a unit price of 13.25 euros.

Among the companies with a smaller capitalization, corporate high-rises stand out ordinary shares Based on savings From the KME group. The two shares rose respectively by 21.7% at €0.936 and 17.5% at €1.17. The company announced that it had received a binding offer from investment funds managed by JP Morgan Asset Management with the aim of financing a process that envisages the promotion by KME of tenders for the acquisition of common shares, savings shares and KME orders from settlement for cash, as part of a project aimed at delisting. The first voluntary takeover offer of KME common shares has been launched at a unit price of one euro. The second voluntary public takeover offer concerns KME Group savings shares, at a unit price of €1.2 per share (dividend of €0.21723).