No surprises from Fitch, which did not change the rating on the sovereign debt of the Italian Republic. Positive start for banking sector stocks
The major indices of the Italian Stock Exchange and the main European financial markets began the first session of the week with fractional progress. No surprises from Fitch, which did not change the rating on the sovereign debt of the Italian Republic.
At 09.15 am FTSEMib gained 0.6% to 28,674 points, while the FTSE Italia All Share it was up 0.59%. Positive performances also for the FTSE Italia Mid Cap (+0.38%) and for the FTSE Italia Star (+0,31%).
I main US stock indexes they closed the last session of the week with a strong rise. The Dow Jones gained 1.15% to 34,283 points, while the S&P500 recovered 1.56% to 4,415 points. Better performance for the Nasdaq (+2.05% to 13,798 points).
Nervous start to the week Tokyo Stock Exchange. The Nikkei index ended the day with a minimum advance of 0.05% to 32,585 points, after fluctuating between a minimum of 32,499 points and a maximum of 32,913 points.
Il bitcoin it returned to 37,000 dollars (just over 34,500 euros).
Lo spread Btp-Bund it is confirmed between 180 and 185 points, with the yield of the 10-year BTP standing at 4.55%.
L’euro stands at $1.07.
Positive start for i banking sector securities.
In the spotlight the Monte dei Paschi di Siena (+5,67% a 2,835 euro). The Fitch agency improved the rating on the financial solidity of the institution by two levels, bringing it from “B+” to “BB”. The experts confirmed the outlook as “Stable”.
Excellent start also for BPER Bank (+3.13% to 3.397 euros) and for the BancoBPM (+4,25% a 5,302 euro).
On the rise Telecom Italia TIM (+1,51% a 0,2563 euro). The Fitch Ratings agency has put the telephone company’s debt ratings under observation and does not rule out a possible improvement following the announcement of the sale of NetCo. The experts recalled that the operation will lead to a debt reduction of approximately 14 billion euros, which will lead – according to Fitch – to a reduction in financial risk.
2023-11-13 08:18:00
#FTSEMib #start
