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A day of caution for Telecom Italia TIM. Good performance for banking stocks. Autostrade Meridionali is unable to make a price

The major Italian Stock Exchange indices and the main European financial markets they record fractional increases in the last session of the week. Today is a day of technical deadlines; the option contracts on shares and indices dated January 2024 have expired.

At 1.10 pm FTSEMib it was up 0.24% to 30,422 points, after having fluctuated between a minimum of 30,371 points and a maximum of 30,533 points. At the same time the FTSE Italia All Share it earned 0.23%. Opposite trend for the FTSE Italia Mid Cap (+0.21%) and for the FTSE Italia Star (-0,14%).

Il bitcoin it came close to 41,500 dollars (around 38,000 euros).

Lo spread Btp-Bund was narrowed to 155 points, with the yield of the ten-year BTP which dropped to 3.85%.

L’euro it stands below $1.09.

Day of caution for Telecom Italia TIM (+0,07% a 0,282 euro). The board of directors of the telephone company has expressed its orientation on the composition of the new administrative body that the shareholders’ meeting will have to appoint for the next three years, deeming it appropriate to reduce the number of its members compared to the current one of fifteen directors. Furthermore, in consideration of the need to give continuity to the actions underway in a very delicate and unique transition of change in the corporate reality, the board of directors has decided to make use of the right to present its own list which aims to be a majority, as already occurred during the previous renewal.

Banking sector stocks remain in the spotlightafter the good performances achieved in the previous session.

Positive intonation for the Monte dei Paschi di Siena (+1.25% to 3.232 euros). Good too BancoBPM (+1,01%) e BPER Bank (+1,39%).

Southern Motorways fails to make price due to excess markdown. The company announced that the board of directors has decided to positively evaluate the voluntary liquidation of the company and the partial distribution of the extraordinary reserve for approximately 30 million euros.

Good performance for Safilo (+1,9% a 0,9405 euro). The company and Levi’s (a denim company) announced the renewal of their global licensing agreement for Levi’s branded eyewear through the end of 2029.

2024-01-19 10:55:00
#FTSEMib #positive #halfway #point

Popolare di Sondrio is highlighted. STM also performed very well, in line with the positive trend in the semiconductor sector. Lottomatica down.

The major Italian Stock Exchange indices and the main European financial markets they ended the day in positive territory. Pierre Veyret – technical analyst at ActivTrades – reported that the bulls managed to defend the 4,375 point support level of the STOXX50 index. “We characterize today’s price action as a technical rebound mainly because the market has recently hit a significant support level, causing short sellers to buy back some of their positions, while the bearish macro narrative has not changed,” the expert added.

Il FTSEMib it achieved an increase of 0.84% ​​to 30,351 points, after having fluctuated between a minimum of 30,070 points and a maximum of 30,456 points. The FTSE Italia All Share it gained 0.75%. Minimal variations for FTSE Italia Mid Cap (-0.11%) and for the FTSE Italia Star (+0.09%). In the session of January 18, 2024, the value of trades rose to 2.57 billion euros, compared to 2.51 billion on Wednesday.

At 5.35pm bitcoin it had fallen below 42,500 dollars (around 39,000 euros).

Lo spread Btp-Bund it narrowed below 160 points, with the yield of the ten-year BTP which exceeded 3.9%.

L’euro it settled just above $1.085.

Positive performance for stocks banking sector.

In progress the BancoBPM (+1,29% a 4,86 euro). The institute has concluded the placement of a new covered bond issue aimed at institutional investors for an amount of 750 million euros and a 6-year maturity. The security has a yield equal to the reference mid-swap rate plus 77 basis points, a fixed rate coupon of 3.375% and maturity 24 January 2030.

Better performance for BPER Bank (+3.54%) and for UniCredit (+2,72%).

Also highlighted Popular from Sondrio (+2,25% a 6,13 euro). Il Sole24Ore wrote that a US investment bank would have built “a position of some weight in the capital” of the institution listed on MidCap.

Stellar it gained 1.02% to 19.838 euros. The ACEA (the European association that brings together car manufacturers) announced that in the month of December 2023, 867,052 cars were registered in the European Union, down 3.3% compared to the 896,241 in the same period of 2022. also Stellantis sales are contracting in December 2023: last month the automotive group recorded a 19.2% drop in registrations with 121,150 cars sold. In the whole of 2023, Stellantis registrations in Europe increased by 2.9%.

Very good too STM (+3.69% to 40.31 euros), in line with the positive trend of the semiconductor sector.

Definitely negative closure, however, for Amplifier (-3,25%).

Lottomatica it left 2.83% on the ground at 10.162 euros. Gamma Intermediate has placed 16 million shares, representing approximately 6.4% of the capital of the MidCap-listed company, through a private placement through an accelerated bookbuilding procedure. The sale price was set at 9.5 euros per share, for a total consideration of approximately 152 million euros. The sale price incorporates a discount of 9.2% compared to Lottomatica’s closing price in the session of January 17, 2024 (10.458 euros).

Also in sharp decline Rai Way (-4,43%).

2024-01-18 16:40:00
#FTSEMib #closes #higher #banks

Generally negative trend for banking stocks. doValue in sharp decline. Focus on companies active in managed savings. Wall Street will remain closed today

The major Italian Stock Exchange indices and the main European financial markets recorded fractional declines in the first session of the week. Wall Street will be closed today for Martin Luther King Jr. Day. Pierre Veyret – technical analyst at ActivTrades – signaled that all eyes will be on the World Economic Forum in Davos this week, as well as another major macro data release, as traders try to assess the monetary situation with all the macro clues they can get.

At 1.10 pm FTSEMib it was down 0.12% to 30,434 points, after having fluctuated between a minimum of 30,270 points and a maximum of 30,533 points. At the same time the FTSE Italia All Share lost 0.11%. Below parity also the FTSE Italia Mid Cap (-0.05%) and the FTSE Italia Star (-0,27%).

Il bitcoin it stands at over 42,500 dollars (around 39,000 euros).

Lo spread Btp-Bund remains under 160 points, with the yield of the ten-year BTP which reached 3.8%.

L’euro it returned to $1.095.

Generally negative trend for stocks banking sector.

The declines stand out Banca MPS (-0.98% to 3.134 euros) and of BancoBPM (-1% a 4,749 euro).

Focus on companies active in managed savings. Azimut Holding e Bank of Milan they earn 1.3% and 2.11% respectively.

Unieuro recorded an increase of 1.98% to 10.29 euros. The company communicated the financial results for the first nine months of 2023/2024 and provided guidance for the entire financial year. Unieuro management estimates revenues of between 2.65 and 2.7 billion euros, reporting that the persistence of a difficult macroeconomic scenario and its effects on the purchasing power of families have influenced the Black Friday promotional campaign and the season Christmas. Adjusted EBIT is estimated in the order of 35 million euros, while cash flow is confirmed between 20 and 40 million euros.

On the contrary, the decline of doValue (-15,5% a 2,635 euro). The MidCap-listed company has updated its financial results for the first nine months of 2023, to bring them into compliance with the international accounting standards applicable to interim financial reporting.

2024-01-15 12:13:00
#Piazza #Affari #negative #indices #halfway #point

Banking sector stocks seesaw: BancoBPM remains negative. Iveco Group is up sharply. Bitcoin has exceeded 47,500 dollars (over 43,500 euros).

The major Italian Stock Exchange indices and the main European financial markets record fractional variationsafter the diffusion of US inflation data. According to Filippo Diodovich – Senior Market strategist of IG Italia – the figures on the trend in consumer prices have highlighted inflationary pressures still strong. Also taking into account the robust numbers on the world of work, the strategist believes that the chances that the FOMC may decide to cut interest rates in the coming months are very low. “In our opinion, the scenario that involves a cut in the cost of money by the FED in the May/June meetings remains much more likely”, hypothesized Filippo Diodovich even if the financial markets have been discounting a decrease in interest rates for several weeks now already in the March meeting.

At 3.15 pm FTSEMib it gained 0.37% to 30,564 points, after having fluctuated between a minimum of 30,441 points and a maximum of 30,724 points. At the same time the FTSE Italia All Share it was up 0.35%. Plus sign also for the FTSE Italia Mid Cap (+0.15%) and for the FTSE Italia Star (+0,35%).

Il bitcoin it exceeded 47,500 dollars (over 43,500 euros).

Lo spread Btp-Bund he returned over 160 points, with the yield of the ten-year BTP which exceeded 3.8%.

L’euro it returned to $1.095.

Banking sector stocks are up and down.

Il BancoBPM leaves 0.57% on the ground at 4.849 euros. The institute announced that it has launched a green senior non-preferred bond issue, with a six-year maturity and the possibility of early repayment in January 2029, for a total of 750 million euros, as part of its euro medium term notes program. The issue, reserved for institutional investors, obtained orders equal to 4 times the amount issued, exceeding 3.2 billion euros.

Worst performance for the Monte dei Paschi di Siena (-2,17%).

Negative trend for Inwit (-0,83% a 11,4 euro). The company has formalized the option to extend the maturity date of the 500 million euro sustainability-linked term loan from April 2025 to April 2027. On 30 September 2023 Inwit had a gross financial debt (before application of the IFRS 16 accounting standard) of 3.3 billion euros and a debt structure of 78% fixed rate and 22% variable rate.

Strongly rising, however, Iveco Group (+7,52%).

Some ideas from luxury companies.

Brunello Cucinelli gains 2.73% to 86.7 euros. Goldman Sachs analysts have raised the target price on the cashmere group’s stock to 112 euros; the experts confirmed the purchase indication of the stock. On the contrary, the same investment bank reduced its target price to 68.5 euros Moncler (-1.03% to 53.74 euros), reiterating the “Neutral” rating.

2024-01-11 14:18:00
#Piazza #Affari #positive #indices #inflation

Banking stocks remain in the spotlight, after the excellent performances achieved last week. Positive tone for Monte dei Paschi di Siena

The major Italian Stock Exchange indices and the main European financial markets record fractional variations in the first session of the week.

At 11.40 am FTSEMib it was down 0.23% at 30,370 points, after fluctuating between a low of 30,201 points and a high of 30,503 points. At the same time the FTSE Italia All Share lost 0.22%. Fractional changes for the FTSE Italia Mid Cap (-0.12%) and for the FTSE Italia Star (+0,22%).

Il bitcoin it reached 44,000 dollars (over 40,000 euros).

Lo spread Btp-Bund it came close to 170 points, with the yield on the 10-year BTP confirming below 3.9%.

L’euro remains below $1,095.

Banking sector stocks remain in the spotlightafter the excellent performances achieved last week.

Good upside for the Monte dei Paschi di Siena (+1,65% a 3,389 euro).

Positive intonation for Amplifier (+2,85% a 31,43 euro). Morgan Stanley analysts have increased the target price on the company, bringing it to 35 euros; the experts also improved the rating to “Overweight”.

Stocks, however, fell oil sector.

The decline of stands out ENI (-2.28%). In red too Saipem (-2,42%).

2024-01-08 10:42:00
#Fractional #Piazza #Affari #FTSEMib #red

Banking stocks remain in the spotlight: Monte dei Paschi di Siena takes a break after the recent rally. Leonardo is on the rise. Bad STM

The major indices of the Italian Stock Exchange and the main European financial markets recorded fractional progress, after the declines suffered in the previous session. Pierre Veyret – Technical analyst of ActivTrades – reported that so far the STOXX50 has reacted positively above the support of 4,430 pointspreventing the market from a bigger decline after the sell-off on January 3, 2024. “However, the situation has become ominously bearish, and although a pull-back towards 4,500 points remains possible, a break of 4,430 points could push prices lower towards 4,375 points and 4,330 points by extension,” the expert warned.

At 2.15 pm FTSEMib it gained 0.37% to 30,213 points, after having fluctuated between a minimum of 30,132 points and a maximum of 30,343 points. At the same time the FTSE Italia All Share it was up 0.35%. Plus sign also for the FTSE Italia Mid Cap (+0.25%) and for the FTSE Italia Star (+0,01%).

Il bitcoin it stands below 43,500 dollars (around 39,500 euros).

Lo spread Btp-Bund he almost reached 170 points, with the yield of the ten-year BTP which reached 3.8%.

L’euro it remains at $1.095.

I banking sector securities remain in the spotlight.

Profit taking on Monte dei Paschi di Siena (-0.58% to 3.266 euros) after the recent rally.

On the contrary, the progress of the BancoBPM (+1,83%) e BPER Bank (+1,57%).

Leonardo recorded an increase of 4.08% to 16.075 euros. Bernstein analysts have increased the target price on the aerospace company, bringing it from 15.5 euros to 19.5 euros; the experts also improved the rating to “Outperform” (will do better than the market).

Brilliant performance also for Saipem (+3,22%).

STM loses 4.85% to 40.925 euros, in line with the negative trend of the chip sector. The sector is affected by the indications of Mobileye Global (a company active in the field of chips for assisted driving) on ​​revenues for the current financial year, which were decidedly lower than the analysts’ consensus.

2024-01-04 13:18:00
#FTSEMib #remains #positive