December 6, 2021

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Italiana Stock Exchange, commentary on today’s session (November 23, 2021)

Strong fluctuations on common and savings shares of Telecom Italia TIM, having finished the previous session 30% higher. Big drop for Juventus

The main indices of the Italian Stock Exchange and the main European financial markets do just that Confirmation in the negative area, even if they recovered from the lowest levels touched at the beginning of the day. According to the global credit strategy team Algebris European markets are scared by fears of new closures. “European markets started the correction on Friday, especially with the reopening of value stocks, banks and related sectors,” the experts said. The global credit strategy team at Algebris continues to see 2022 as a good environment for value stocks given rising inflation and recent signs of strong domestic demand. “Therefore, we view any sharp decline due to fears of new closures as an investment opportunity in sectors related to reopening,” the experts said.

at 14.25 FTSEMib It left 0.62% on the ground at 27,212 points after fluctuating between a minimum of 26,912 points and a maximum of 27,252 points. At the same time FTSE Italia all participated He lost 0.64%. Also negative performance of FTSE Italia medium hat (-0.86%) for The star of FTSE Italia (-1.37%).

The Bitcoin It rose to 56,500 dollars (about 50,500 euros).

He. She diffusion Btp bond Has exceeded 125 points.

L ‘euro It fluctuates around $1,125.

Run strong swings Telecom Italia TIMAnd that’s after ending the previous session with a 30% jump. Common shares lost 0.4% to €0.4495, while i . lost savings bondso It rose 0.13% to 0.4546 euros. According to the main newspaper, Vivendi – the largest shareholder of Telecom Italia TIM with a 23.94% stake in the capital – would have set the €0.505 price offered by the US fund KKR too low. In its latest semi-annual report, Vivendi highlighted that it paid the stake owned in the phone giant €1.071 per share.

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He exploited Ferrari (-1.91% a 241.6 euros), a day after the stock rose to an all-time high of 248 euros.

Juventus Records a decline of 4.78% to 0.648 euros. Juventus’ board of directors has approved Final conditions for capital increase in option amounting to approximately 400 million euros. In detail, Juventus FC will issue a maximum of 1,197,226,782 new shares, to be offered as an option to eligible shareholders at a ratio of 9 new shares for every 10 shares held, at the subscription price of €0.334. The capital increase will start on Monday, November 29, 2021 and end on December 16.