October 4, 2022

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Italian Stock Exchange, commenting on today’s session (May 30, 2022)

Today is clear of indications from Wall Street, which on Memorial Day closed out a fantastic session for Telecom Italia TIM. Generali . negative trend continues

The main indices of the Italian Stock Exchange and the main European financial markets Consolidation in a positive area in the first session of the week; Today is devoid of trends from Wall StreetAnd the Closed On the occasion of Memorial Day according to Pierre Ferret – Technical Analyst at ActivTrades – Some operators started to buy, attracted by lower prices and strong corporate results, pushing most European stock indices above key resistance levels. However, the expert does not rule out this short-lived enthusiasm for European stocks as investors were disappointed by the rise in Spain’s CPI. “The European Central Bank is now under increasing pressure to take action against price hikes in the region and Markets will remain volatile until the next move by President Christine Lagarde to control inflation,” speculated Pierre Ferret.

It’s 14.10 FTSEMib It gained 0.39% to 24,732 points after it fluctuated between a minimum of 24687 points and a maximum of 24835 points. At the same time FTSE Italia all participated It rose 0.52%. better performance for FTSE Italia medium hat (+ 1.62%) and for The star of FTSE Italia (+ 1.85%).

The Bitcoin More than 30,500 dollars (about 28,500 euros) have been confirmed.

The BTP-Bund spread Standing just above 195 points.

L ‘euro Consolidated above $1,075.

Telecom Italia TIM Earns 2.1% to 0.2863 €. The phone group announced that CDP Equity (a wholly owned company of Cassa Depositi e Prestiti), Teemco Bidco (a Luxembourg company operated by one or more funds managed by Kohlberg Kravis Roberts), Macquarie Asset Management, Open Fiber and Telecom Italia TIM itself. Signing of a non-binding Memorandum of Understanding (MOU) related to the integration project between TIM Network and Open Fiber Networks.

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In general, the trend is up Securities from the banking sector.

plus sign for Intesa San Paulo (+ 0.42% to 2.0555 euros) and for UniCredit (+0.52% up to 10,874 euros). Goldman Sachs analysts have resumed hedging from the two banking giants with an indication of buying shares, based on target price set at €3.25 and €18.5, respectively.

Stilants He earns 1.85% at €14.002. The auto giant has announced that it has expanded its existing partnership with Toyota Motor Europe, with an agreement to produce a new large commercial vehicle that will also have a battery-electric version.

In progress Saipem (+0.36% up to €5.636). The engineering firm announced that it has signed a non-binding agreement with Havfram Holding and HVAS Invest Kappa to assess potential collaboration in the development and construction of offshore wind farms.

negative direction of general (-0.79% to 16,945 euros)after the decline in the session on Friday, May 27th.

In Milan to grow Euronext important changes to Casta Diva Group (+ 15.4%) H Phoenix Entertainment (-7.69%) after the release of the results of the 2021 budget