September 26, 2022

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Italian Stock Exchange, commenting on today’s session (23 September 2022)

Stock markets are accelerating to the downside. The securities of the banking sector are in red, except for the Monte dei Paschi di Siena. oil sales

The main indices of the Italian Stock Exchange and the main European financial markets Accelerate to the downside In the last session of the week. Piazza Afari records the worst performance of the day in Europe On the eve of political elections. This was reported by Pierre Ferret, Technical Analyst at ActivTrades The Stoxx-50 is still flirting with a minimum of two missesI’m around 3,400 pips, and I’m trading inside a short term bearish channel. According to the expert, the next support can be placed towards 3375 points and 3355 points, which is the lowest level reached this year. Pierre Verrett warned that “breaking this level will be very dangerous for prices because it will open the door to a deeper correction towards 3300, 3050 points and 2730.0 points for each extension.”

at 13.55 FTSEMib It fell by 3.11% to 21,122 points, after hitting an intraday low of 21,067 points. At the same time FTSE Italia all participated He was losing 3.05%. Also minus sign for FTSE Italia medium hat (-2.7%) and for The star of FTSE Italia (-2.1%).

The Bitcoin It fell to just under $19,000 (just under €19,500).

The BTP-Bund spread It expanded to 225 pips, with a ten-year BTP yield above 4.2%.

L ‘euro It fell to $0.975.

Securities from the banking sector in red.

The exception is Monte dei Paschi di SienaEven if she recedes from being touched by little mothers in the morning,. Address Records Institute Sienese A 2.1% advance at €0.302, after reaching an intraday high of €0.3132. According to what was written in Corriere della Sera, the bank’s CEO, Luigi Lovaglio, had informally heard the top management of AXA and Anima Holding to assess the possibility of subscribing to a share of the 2.5 billion euro capital increase.

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However, in sharp decline, Mediobanca (-3.53% up to 7.988 euros). The Board of Directors of the Piazzetta Cuccia Institute approved the draft financial statements for the fiscal year 2021/2022, confirming the data submitted on July 29, 2022; In particular, the net result was 907 million euros. Mediobanca proposed a dividend of 0.75 euros per share.

. worse performance BancoBPM (-4.73%) and for UniCredit (-3.61%).

Negative performance of stocks in the oil sectorAfter the price of crude oil in New York (the contract expires in November 2022) fell below $81 a barrel. where are you It records a decrease of 3.54% to 10,938 euros. Very bad Tenaris (-4.89% to €12.94).

In the STAR section, progress Digital Bros (+6.43% to €23.84)After disclosing the financial results for the fiscal year 2021/2022. The company’s management indicated that it expects its investments to exceed 50 million euros also in the current year, expecting revenue growth over the next two years.