February 9, 2023

Wire Service Canada

Complete Canadian News World

Borsa Italiana, suspension of January 19, 2023 hearing

Oil sector stocks are in the red. Sales also on Snam: The company presented the 2022/2026 business plan. Btp-Bund spread is back to 175 pips

The main indices of the Italiana Stock Exchange and the main European financial centres Confirmed in the negative areawith reductions of more than half a percentage point.

at 10.45 FTSEMib It fell 0.87% to 25,826 points, instead FTSE Italia All Share it decreased by 0.84%. minus sign also for Medium hat from FTSE Italia (-0.59%) and l Star of FTSE Italy (-0.75%).

the Bitcoins It fell to less than $21,000 (just over €19,000).

the BTP-Bund spread It returned to 175 pips, with the 10-year BTP yield approaching 3.8%.

L ‘euro It stands at over $1.08.

Oil sector stocks are in the redAfter the price of crude oil in New York (contract expires in February 2023) fell to $78.5 per barrel.

Where is it? Leaves 1.45% on the ground at 14.25 euros. The six-legged dog reported that the total amount of the IPO of loan bonds called “Eni bonds-sustainable 2023/2028”, which equals 2 billion euros, has been fully floated to the general public.

Negative performance also for Saipem (-2.48%) in favor of Tenaris (-3.84%).

Sales are also on hump (-2.36% to 4.892 euros). The company presented the business plan 2022/2026. In particular, in the period under review, the company expects investments of 10 billion euros, an increase of 23% compared to 8.1 billion for the 2021/2025 plan. The dividend policy is confirmed, which provides for an annual coupon increase of 5% through 2022, with an additional minimum growth threshold of 2.5% extended through 2026.

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