The Iveco Group’s trend remains positive after the sharp rise achieved in Friday’s session. Saipem suspended due to excessive reduction
The major indices of Borsa Italiana and the main European financial centers register fractional raises in the first session of the week. Pierre Veyret – technical analyst of ActivTrades – reported that the upward trend has found confirmation after European equity indexes returned towards the lows set last week, highlighting the fact that investors remain exposed to equities despite the so far failed attempt of the STOXX50 to reach the significant resistance of 4,300 points. The expert warned that investors will face a busy week on the macro front. “In the meantime, trading should remain technicalwith the current rebound of the STOXX50 from the 4,190/4,200 points zone which could quickly lead prices towards 4,225 points, 4,235 points, 4,254 points and even 4,275 points by extension,” speculated Pierre Veyret.
At 11.40 the FTSEMib it gained 0.35% to 27,363 points, just below the intraday high of 27,386 points. At the same time the FTSE Italia All Share it was up 0.4%. Positive trend also for the FTSE Italia Mid Cap (+1.02%) and for the FTSE Italia Star (+0,71%).
Il bitcoin it stands at just over 21,500 dollars (less than 20,500 euros).
Lo spread Btp-Bund it narrowed below 185 points, with the yield on the 10-year BTP remaining below 4.2%.
L’euro it is confirmed below 1.07 dollars.
The trend of remains positive Iveco Group after the sharp rise in Friday’s session. The share recorded an increase of 4.21% to 9.29 euros. After the release of the 2022 financial results, some investment banks have improved the target price on the Iveco Group.
Negative intonation, on the other hand, for Saipem (suspended due to excess reduction). The engineering company announced that it has signed two new credit lines for a total amount of euro 860 million with a pool of leading national and international credit institutions.
