May 17, 2022

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Italiana Stock Exchange, commenting on today’s session (March 11, 2022)

Telecom Italia TIM and Leonardo offerings stand out. Strong fluctuations in banking and oil stocks. Fantastic seat by Brunello Cucinelli

The main indices of the Italian Stock Exchange and the main European financial markets They closed in a positive area last session of the week; However, the stock markets of the ancient continent continued to stand out strong fluctuations. Hans-Jörg Neumer – director of global capital markets and substantive research at Allianz Global Investors – noted that geopolitical instability, increasing uncertainty, persistently high inflation, slowing growth momentum and central banks “behind the curve” are creating a challenging environment for investors. “Overall, that makes sense at the moment Maintain some caution regarding risky assets‘, suggested the expert.

The FTSEMib And it recorded an increase of 0.68% to reach 23,041 points after fluctuating between 22,778 points as a minimum and 23,707 points as a maximum. Over the course of the entire week, the main Italian stock index is up 2.57%. The FTSE Italia all participated 0.84% ​​recovered. better performance for FTSE Italia medium hat (+2.29%) and for The star of FTSE Italia (+2.43%). And in the March 11, 2022 session, the trading value fell to 3.57 billion euros, compared to 3.64 billion on Thursday.

It’s 17.30 Bitcoin It fell below $39,000 (less than €35,500).

The BTP-Bund spread Shrinked to less than 160 points.

L ‘euro It fell below $1095.

Telecom Italia TIM Stay in the spotlight. Telephone Group shares ended the session 4.83% higher at 0.2888 euros.

Leonardo It recorded a jump of 11.5% to €9.132 after stopping due to excess rally at the start of the session.. The airline informed me 2021 financial resultsThe year ended with revenue growth and profitability improving sharply. Furthermore, management has reported financial estimates for 2022 and proposed a 2022 dividend of €0.14 per share.

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Strong volatility in banking sector stocksAfter the sharp correction recorded in the previous session.

rise of BancoBPM (+2.28% to €2.555).

opposite direction to Intesa San Paulo (+0.24%) e UniCredit (-1.09%).

Oil sector stocks fluctuateAfter the price of crude oil in New York (the contract expires in April 2022) returned to $ 109 a barrel.

to retreat Saipem (-2.79%).

Atlantia In partial decline (-0.22% to 15,995 euros). Infrastructure contract informed me 2021 financial statements, an exercise featuring strategic choices and a significant review of group activities and medium-term goals. Moreover, Atlantia’s Board of Directors proposed a dividend after the voucher was discontinued last year and predicted that in November 2022 the company would pay interim dividends 2023 (related to 2022) in the amount of 300 million euros in total.

In the MidCap pool Brunello Cucinelli (+7.51% up to €46.94)after spreading 2021 financial results. Based on the order of the Spring-Summer 2022 groups and the beginning of the Autumn-Winter 2022 groups, management for 2022 expects turnover growth of about 12%, rebalancing margins to pre-pandemic levels from normal and further improvement of net financial debt, confirming important investments, including In line with multi-year planning as in 2021.