February 1, 2023

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Borsa Italiana, suspended session of December 1, 2022

Telecom Italia TIM is trying to bounce back after the big correction it suffered in the previous session. UniCredit minus sign and oil companies. STM shine

The main indices of the Italiana Stock Exchange and the main European financial centres Pull back from today’s highs. According to Antonio Cesarano – Chief Global Strategist at Intermonte – Remarks by Federal Reserve Chairman Jerome PowellHowever, despite a possible slowdown in Moentaria’s pressure, they open December is likely to be generally favorable for stock listings as well as for bonds. “With respect to the S&P500, on a monthly basis, October closed +8%, November +5%. December could at least partially mimic November,” the expert speculated.

At 16.50 FTSEMib It rose 0.2% to 24,660 points, after it oscillated between a low of 24,599 points and a high of 24,857 points. At the same time it was FTSE Italia All Share It was up 0.28%. plus sign for file Medium hat from FTSE Italia (+ 1.08%) and l Star of FTSE Italy (+ 1.01%).

The Bitcoins It fell to less than $17,000 (just over €16,000).

The BTP-Bund spread It contracted below 190 points, with the 10-year BTP yield hovering around 3.7%.

L’euro It touched $1.05.

Telecom Italia TIM It tried to rebound after the sharp correction it faced in the previous session. Register address a 4.8% advance At a price of 0.2161 euros. The telephone company indicated that, in line with the delay plan submitted to the market on July 7, it will continue to evaluate all strategic options, allowing it to better pursue the goals of overcoming vertical integration and reducing debt.

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In general, I discount bank loans.

bowing UniCredit (-3.62% to €12,552). Led by Andrea Ursell, the foundation announced the completion of the second tranche of its treasury stock purchase programme. Since the start of the second tranche of the 2021 buyback program, the Bank has purchased a total of 86,949,149 shares, equivalent to 4.3% of the share capital, for a total value of approximately €1 billion.

Also negative performance of the stock oil sector.

sales on Where is it? (-1.58% for 14,096 euros). Also in red Tenaris (-2.96%).

good seating for STM extension (+1.3% to €36,515)This is in line with the positive trend of technology stocks.

Also positive performance to services. rise of In the (+ 1.73% to 5.223 euros).