February 9, 2023

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Borsa Italiana, suspended session of December 6, 2022

Saipem had the worst performance of the day on FTSEMib. In general, stocks in the banking sector declined, with the exception of UniCredit shares

The main indices of the Italiana Stock Exchange and the main European financial centres Confirmed in the negative area.

The FTSEMib slipping to lows on the day; At 16.40 on The main index of the Italiana Stock Exchange It fell by 1.07% to 24,286 points, after it fluctuated between the lowest level at 24,279 points and the highest level at 24,582 points. At the same time FTSE Italia All Share lost 1.11%. worst performance for Medium hat from FTSE Italia (-1.46%) and l Star of FTSE Italy (-1.85%).

The Bitcoins It was confirmed at $17,000 (just over 16,000 euros).

The BTP-Bund spread It fluctuates around 185 pips, with the 10-year BTP yield dropping to less than 3.7%.

L’euro It came back to $1.05.

Saipem The worst performance of the day is FTSEMib (-3.73% at 1.0055 EUR). The engineering company exercised its purchase option on the seventh-generation drilling vessel Santorini, which is already operating in the group’s fleet under a long-term charter agreement signed in 2021 with Samsung Heavy Industries. The exercise price of the call option is $230 million.

In general, shares of the banking sector declined.

It is an exception UniCredit (+0.68% to €12,508). JPMorgan analysts raised the price target for the firm, led by Andrea Ursell, from 15 euros to 16 euros. Experts repeated the reference to buying stocks.

The BancoBPM Leaves 1.44% on the ground.

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We build It decreased by 0.61%, to 1,477 euros. The company announced that it had signed (in a consortium) a contract for sections B2 and C of the Pedemontana Lombarda motorway. The total value of the order is 1.26 billion euros. Webuild leads, with a 70% stake, the consortium that will carry out the business, in which Pizzarotti also participates.

At Euronext Growth Milan focus on Error, on the day of its debut in the price list for dynamic and competitive small and medium enterprises. Address records an increase of 0.5% to 12.06 euros. The company’s shares were placed at 12 euros, with an initial capitalization of 75 million euros.