More sales on banking stocks, after the correction suffered in the previous session. Stellantis’ decline continues. Important insights among luxury companies.
Trend negative for the major Italian Stock Exchange indices and for the main European financial markets, which record reductions exceeding one percentage point in the last session of the week. The day is characterized by some technical deadlines; the option contracts on shares and indices dated October 2023 have expired.
At 2.20 pm FTSEMib it was down 1.06% to 27,451 points, after having fluctuated between a minimum of 27,336 points and a maximum of 27,635 points. At the same time the FTSE Italia All Share it was down 1.04%. Also in red FTSE Italia Mid Cap (-0.82%) and the FTSE Italia Star (-1,15%).
Il bitcoin it came close to 30,000 dollars (just over 28,000 euros).
Lo spread Btp-Bund it remains above 200 points, with the yield on the 10-year BTP fluctuating around 4.95%.
L’euro it came close to $1.06.
More selling on banking sector stocksafter the correction suffered in the previous session.
Focus on Monte dei Paschi di Sienawhich recorded a decline of 2.91% to 2.399 euros.
Oil sector stocks are on the risedespite the price of crude oil in New York (contract expiring in November 2023) returning to 90.5 dollars a barrel.
ENI records a fractional progress of 0.17% to 15.478 euros.
Negative trend for Stellar (-1.78% to 17.764 euros), after the drop suffered in the previous session. The ACEA (the European association that brings together car manufacturers) announced that in September 2023, 861,062 cars were registered in the European Union, an increase of 9.2% compared to the 788,258 in the same period of 2022. In Stellantis sales increase in September 2023: last month the automotive group recorded an increase in registrations of 11.3% with 165,800 cars sold; as a result, Stellantis’ market share in Europe stood at 19.3%.
Important insights among luxury companies.
Brunello Cucinelli recorded an increase of 3.91% to 74.45 euros. The company has provided some financial indications relating to the first nine months of 2023. Furthermore, for the whole of 2023 Brunello Cucinelli’s management expects turnover growth of between 20% and 22%, compared to the previous indication of 19%.
On the contrary, Salvatore Ferragamo loses 2.1% to 11.67 euros. The company has provided some financial indications relating to the first nine months of 2023, a period closed with revenues of 844.19 million euros, down 8.3% compared to the 920.73 million obtained in the first three quarters of the year previous.
2023-10-20 12:20:00
#Piazza #Affari #red #FTSEMib #loses
