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
