November 29, 2022

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Italian Stock Exchange, commenting on today’s session (27 May 2022)

The downturn is highlighted at the Generali, after Caltagirone resigned from the board of directors. Saipem is in the negative after the sharp rise in the previous session

The main indices of the Italian Stock Exchange and the main European financial markets They record partial changes in the last session of the week. In the evening, Fitch will provide an update on Italy’s sovereign debt rating.

It’s 2.15 pm FTSEMib It declined by 0.02% to 24,541 points, after it fluctuated between the lowest level at 24,445 points and the highest level at 24,673 points. At the same time FTSE Italia all participated 0.05% earned. better performance for FTSE Italia medium hat (+ 0.68%) and for The star of FTSE Italia (+17%).

The Bitcoin It fluctuates around $29,000 (about 27,000 euros).

The BTP-Bund spread Returns to 190 points.

L ‘euro It rose above $1.07.

public Records a decrease of 2.93% to 16,915 euros. Il Leone di Trieste has announced that Non-Independent Director Francesco Gaetano Caltagirone has resigned from the Board of Directors with immediate effect. The reasons were not disclosed. Caltagirone currently owns, directly and indirectly, a 9.95 stake in the share capital of Generali. Meanwhile, Goldman Sachs analysts have resumed coverage of the insurance giant with a target price of €20.5 and a “neutral” rating.

Saipem Still in negative territory (-2.3% at €5.514), after the sharp rise recorded in the previous session. The joint venture signed with Clough has reached an agreement with client Perdaman Industries to develop a urea plant on the Burrup Peninsula northwest of Karratha, along the coast of Western Australia. The value of the new contract is approximately $2.7 billion (the share of each participant in the joint venture is $1.35 billion). Meanwhile, from communications released by Consob, we learned that on May 23 Marathon Asset Management increased the stake owned by Saipem to 5.177%.

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Telecom Italia TIM Yields 0.32% to 0.2785 EUR. According to what is written in Il Sole24Ore, the management of the telephone company is evaluating various solutions for the group’s network infrastructure.

.’s excellent performance doValue (+4.17% to 7.5€). The company has signed a Memorandum of Understanding with a subsidiary of Cerberus Capital Management (active in alternative investments) for the exclusive management of a portfolio – called Progetto Sky – of non-performing loans (NPLs) originating in Cyprus for a total book value of approximately 2.2 billion euros.

At Euronext Growth Milan, the spotlight is still on But, after the rise that was achieved in the past few sessions. was the address Suspended for overtakingAfter recording a theoretical decrease of 10.2%.