April 25, 2024

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Italiana Stock Exchange, commenting on today’s session (26 July 2022)

Italiana Stock Exchange, commenting on today’s session (26 July 2022)

Stocks in the banking sector in red, after the crash suffered by the Swiss giant UBS: very bad BPER Banca and Banco BPM, while UniCredit capped the decline

The main indices of the Italian Stock Exchange and the main European financial markets They ended the day in negative territory. This was reported by Pierre Ferret, Technical Analyst at ActivTrades The STOXX-50 indicator remains well oriented, as prices continue to trade around 3600 pips with no short-term bearish signs in sight. The expert speculated that “a clear breakout of this resistance could quickly lift the market towards 3,665 pips and up to 3750 pips per extension.”

The FTSEMib And it lost 1.04% to 21,160 points after it fluctuated between a low of 21,146 points and 21,371 points. The FTSE Italia all participated It closed down 1.06%. Also minus sign for FTSE Italia medium hat (-1.2%) To get The star of FTSE Italia (-1.29%). In the session of July 26, 2022, the turnover fell to 1.42 billion euros, compared to 1.49 billion on Monday.

The BTP-Bund spread It was confirmed at 240 points, after the yield on Italian 10-year bonds fell below 3.35%.

It’s 17.30 Bitcoin It fell to less than $21,000 (less than €20,500).

L ‘euro It stayed under $1015.

Securities from the banking sector in redfollowing the collapse of the Swiss giant UBS, after the release of the results of the second quarter of 2022.

UniCredit Limit the decline to 0.3% to €8.642. Today, the Institute’s Board of Directors, chaired by Andrea Ursel, meets to examine the results of the second quarter of 2022; Data will be sent on July 27, before the opening of Piazza Avary. According to the consensus of investment banks, the institute led by Andrea Ursel was supposed to have closed the second quarter of 2022 with a net profit of €908 million (median value). Brokerage margin is expected to be 4.49 billion euros (median value), while net operating income is estimated at 1.55 billion euros, after reductions on loans of 535 million euros. CET1 is indicated as 14.2%.

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bad performance for Paper Bank (-3.1%), BancoBPM (-2.78%) H Intesa San Paulo (-1.85%).

Oil sector stocks fluctuateafter the price of crude oil in New York (the contract expires in August 2022) returned to $ 96.5 a barrel, after hitting an intraday high of $ 99.

Saipem It lost 0.4 percent to 0.74 euros, on the day the Board of Directors meets to examine the results of the first half of 2022; Data will be sent on July 27, before the opening of Piazza Avary.

minus sign also for where are you (-0.38% to €11.02) H Tenaris (-0.43% to 12.625 euros).

Fractional height of Atlantia (+0.62% to €22.6). S&P Global has upgraded the company’s assigned rating from “BB” to “BB+”; The outlook is stable.

Still in red Telecom Italia TIM (-3.1%).