The increase in Monte dei Paschi di Siena stands out after the publication of the half-year results. Positive tone also for illimityBank
The major indices of Borsa Italiana and the main European financial centres experience fractional changes in the last session of the week, after the declines achieved in the previous three days.
At 13.10 the FTSEMib it lost 0.36% to 28,599 points, after fluctuating between a low of 28,589 points and a high of 28,792 points. At the same time the FTSE Italia All Share was down 0.35%. Minus sign also for the FTSE Italia Mid Cap (-0.32%) and for the FTSE Italia Star (-0,18%).
Il bitcoin it consolidates over 29,000 dollars (just over 26,500 euros).
Lo spread Btp-Bund remains below 170 points, with the yield of the ten-year BTP it reached 4.3%.
L’euro it remains below $1.095.
Spotlight still on the titles of banking sector.
Il Monte dei Paschi di Siena recorded an increase of 4.96% to 2.584 euros. The Sienese institute communicated the financial results for the first half of 2023, the period closed with a net profit of 619 million euros. The cost/income ratio was 49%.
Well too illimityBank (+2,25% a 5,915 euro), after the publication of the half-yearly results. illimityBank’s management expects further growth in customer loans in all business divisions in the second half of the year, following the pipeline of new loans and investments. In addition, the bank expects a growing interest margin, benefiting from the increase in volumes and the re-pricing of the stock of loans to customers. Therefore, illimityBank has confirmed its expectations for a net profit in 2023 exceeding 100 million euro.
Saipem recorded a fractional drop of 0.18% to 1.4075 euro. The engineering company announced that it has been awarded two new contracts for offshore E&C activities in Europe, specifically in Romania and Germany. The total value of the orders is approximately 1.8 billion euro.
At the FTSEMib in swing Iveco Group (-0,35%).
Important points to MidCap.
Salvatore Ferragamo continues to rise (+1.25% to 14.62 euros)after the publication of the half-yearly results.
In sharp decline, however, Intercos (-7,26%).
All’Euronext Growth Milan focus su Execus, on the day of its debut in the price list dedicated to dynamic and competitive SMEs. The company’s shares were placed at €1.67, for an initial capitalization of approximately €8.4 million.
Debut at Euronext Growth Milan also for Porto Aviation Group (+0.96% to 4.291 euros). The company’s shares were placed at €4.25, for an initial capitalization of approximately €10.1 million.
iVision Tech records a leap of 25.5% to 2.165 euros, after the strong rise achieved on the day of the debut at Euronext Growth Milan. Borsa Italiana announces that from Friday 4 August 2023 and until further communication on iVision Tech ordinary shares, it will not be possible to place orders without a price limit (orders at best).
2023-08-04 11:10:00
#FTSEMib #turns #red #midrun
