April 25, 2024

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Italian Stock Exchange, commenting on today’s session (March 7, 2022)

Italian Stock Exchange, commenting on today’s session (March 7, 2022)

Focus on oil stocks after the price of crude oil in New York jumped to 124 dollars a barrel. Shares of major banks are suspended on the downside

The main indices of the Italian Stock Exchange and the main European financial markets started the first session of the week With a discount in the range of 4-5%confirming the trend recorded by the last octave.

at 09.55 FTSEMib It decreased by 5.44% to 21,243 points, while it decreased FTSE Italia all participated It was down 5.48%. Also minus sign for FTSE Italia medium hat (-5.84%) for The star of FTSE Italia (-4.6%).

The Major US stock indices They closed the last session of the week in the negative territory; Employment data in February 2022 was better than analysts had expected. The Dow Jones fell 0.53% to 33,615 points, while the S&P500 lost 0.79% to 4,329 points. Worse performance for the Nasdaq index (-1.66% at 13,313 points).

A definite negative start to the week for Asian financial markets and for… TSE. The Nikkei index ended the session down by 2.94% to 25,221 points, after fluctuating between a minimum of 25,006 points and a maximum of 25,640 points.

The Bitcoin It fell to less than 38,000 dollars (less than 35,000 euros).

The BTP-Bund spread Standing above 160 points.

L ‘euro It fell below $1.09.

Focus on stocks in the oil sectorafter Crude oil price in new york (the contract expires in April 2022) jumped to $124 per barrel. According to the main news agencies, the US Secretary of State, Anthony Blinken, is studying the hypothesis of a ban on importing oil from Russia, a process that will also include European countries.

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where are you It yields 1.88% to 12.612 euros.

better performance for Tenaris (+9% to €12.59).

Telecom Italia TIM keep going down, after the significant decline suffered by the previous week. And the share of the phone group recorded a decrease of 9.46% to 0.226 euros.

addresses The banking sector.

BancoBPMAnd the Paper Bank And the UniCredit Suspended due to increased discount.

IVECO Group pending due to excess decrease (-6.9% theoretical decrease). The company announced that it has signed a Memorandum of Understanding (MoU) with Hyundai Motor Company to explore possible collaborations regarding joint vehicle technology, joint procurement and reciprocal supplies.

also Stilants It is frozen on the downside (-7.3% theoretical decrease).