February 1, 2023

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Borsa Italiana, suspended session of November 30, 2022

Telecom Italia TIM had the worst performance of the day in FTSEMib. Bank Stocks Without Guidance: UniCredit Rise; Instead, a minus sign for BancoBPM.

The main indices of the Italiana Stock Exchange and the main European financial centres confirmed in the positive region, with fractional increments. Commenting on preliminary data on inflation in Italy and Europe in November, Federico Vetrella – market strategist at IG Italia – believes that the overall results at the European level could put more pressure on the ECB’s Governing Council to be able to approve an increase. From 50 basis points at its next meeting scheduled for December 15 from 75 points that the market had expected. “If this happens, the markets could rejoice in large purchases of European stocks in particular,” the strategist predicted.

At 16.50 FTSEMib It rose by 0.28% to 24,535 points, after it fluctuated between a low of 24,475 points and a high of 24,685 points. At the same time FTSE Italia All Share It was up 0.29%. opposite direction to Medium hat from FTSE Italia (+0.3%) f Star of FTSE Italy (-0.1%).

The Bitcoins Close to $17,000 (just under €16,500).

The BTP-Bund spread It widened to more than 190 points, with the yield on the 10-year BTP plan rising to more than 3.85%.

L’euro It fell below $1,035.

Telecom Italia TIM Scores worst performance today in FTSEMib. the address Leaves 5.47% on the ground At a price of 0.2057 euros. The deputy presidency of the council, Alessio Butti, denied the possibility that Cassa Depositi e Prestiti would proceed with a full takeover bid for the telephone company.

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Without directing the banking sector shares.

positive performance of UniCredit (+0.83% to €13,068). FItch affirmed the “BBB” rating on the capital solidity of the institute led by Andrea Ursell.

The minus sign is, instead, for BancoBPM (-0.66% to 3.291 euros). As part of the competitive process launched by the Bank in recent months to assess possible partnership options in the protection / non-life sector, the Bank’s Board of Directors has decided to grant Crédit Agricole Assurances an exclusivity period.

positive intonation of stellants (+0.78% to €14,824). The auto giant announced that it had signed an agreement with Banco Santander (Brazil) with the aim of reorganizing the partnership to finance the automotive sector in Brazil.

Among the companies with a smaller capitalization, the increase stands out PLC (+7.47% to €1.51). The company announced the winning of two new contracts in southern Italy.