October 7, 2022

Wire Service Canada

Complete Canadian News World

Italiana Stock Exchange, commenting on today’s session (April 12, 2022)

Atlantia is still in the spotlight. Bank stocks are on the verge of swinging. Leonardo Leap. At Euronext Growth, Milan’s Giorgio Fedon and Figli don’t put a price to overshoot

The main indices of the Italian Stock Exchange and the main European financial markets Confirmed in the negative areaeven if they recovered from the lowest levels touched at the beginning of the session.

at 11.40 FTSEMib It fell 0.29% to 24,678 points, while FTSE Italia all participated It recorded a decline of 0.31%. Also minus sign for FTSE Italia medium hat (-0.52%) for The star of FTSE Italia (-0.25%).

The Bitcoin It amounts to more than 40,000 dollars (about 37,000 euros).

The BTP-Bund spread Expanded to 165 points.

L ‘euro It stands just above $1,085.

Atlantia Still in the spotlight After the strong fluctuations recorded in the previous session. Record the title A 0.87% decrease At a price of 21.64 euros. According to what is written in Il Sole24Ore, shareholder Edizione (belonging to the Benetton family) can speed up the timing of the launch of a takeover bid for the holding’s infrastructure in preparation for the company’s de-listing.

Stocks swing in the banking sector.

Stay in the spotlight on BancoBPM. The stock registered an increase of 1.69% to 3.006 euros.

Negative performance, on the other hand, for Intesa San Paulo (-1.4% to 1.953 euros) e UniCredit (-2.49% to 9.472 euros).

Unmanaged stocks in the oil sectorAfter the price of crude oil in New York (the contract expires in May 2022) returned to $ 97.5 a barrel.

READ  European stock exchanges warned after US inflation, Iveco IPO takes center stage in Milan

Fractional height of where are you (+0.46% to €13.86). The six-legged dog and Algeria’s Sonatrach have signed an agreement allowing Eni to increase the volumes of gas transported through the TransMed/Enrico Mate pipeline, as part of long-term gas supply contracts with Sonatrach in effect starting in the coming autumn months.

Strongly Leonardo (+3.92% up to €9.86), following Deutsche Bank’s decision to improve its rating and price target. Analysts have raised the airline’s target price from 7.6 euros to 12 euros and are now recommending shares, with the new valuation indicating a 26.5% increase compared to the closing price on Monday, April 11 (9,488 euros).

backwards ST It drops 0.54% to €34.68. Barclays analysts lowered the target price for the Italian-French group to 38 euros. Experts have also upgraded the rating to “Equalweight”.

At Euronext Growth Milan Giorgio Fedun & Sons Fails to offer a price for excessive height (+132% theoretical progress). EssilorLuxottica, through its subsidiary Luxottica Group, has announced the purchase of a total of 172,7141 shares of the company, equivalent to 90.9% of the share capital, at a unit price of 17.03 euros and a total of 29.4 million. The price recognizes a premium of 135% in relation to the share price of Giorgio Fedon & Figli at the close of the session on April 8, 2022 (€7.25).