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Telecom Italia TIM and ELSA Solutions: Market Update and Stock Performance

Focus on Telecom Italia TIM, after the correction suffered in the previous session. At the EGM ELSA Solutions was immediately suspended due to excessive increase.

The major indices of the Italian Stock Exchange and the main European financial markets began the last session of the week with fractional progress.

At 09.15 am FTSEMib gained 0.15% to 28,228 points, while the FTSE Italia All Share it was up 0.33%. Better performance for the FTSE Italia Mid Cap (+1.16%) and for the FTSE Italia Star (+0,83%).

I main US stock indexes they finished the day in positive territory, after starting in the red. The Dow Jones gained 0.35% to 33,666 points, while the S&P500 gained 0.59% to 4,300 points. Positive performance also for the Nasdaq (+0.83% to 13,201 points).

The Tokyo Stock Exchange ended the week with a negative session. The Nikkei index lost 0.05% to 31,858 points, after fluctuating between a minimum of 31,718 points and a maximum of 32,027 points.

Il bitcoin it fluctuates around 27,000 dollars (around 25,500 euros).

Lo spread Btp-Bund remains below 195 points, with the yield on the 10-year BTP falling to 4.8%.

L’euro it approached $1.06.

Focus on Telecom Italia TIM, after the correction suffered in the previous session. The telephone company’s stock started the day with a minimal increase of 0.07% to 0.2947 euros.

At Euronext Growth Milan Valica fails to make a price, on the day of its debut in the list dedicated to dynamic and competitive SMEs. The company’s shares were placed at 5.5 euros, corresponding to a market capitalization at the start of trading of 11.23 million euros.

Emma Villas also made her debut at Euronext Growth Milan. The company’s shares were placed at 3.3 euros, corresponding to a market capitalization at the start of trading of approximately 23 million euros.

ELSA Solutions immediately suspended due to excessive increase. Borsa Italiana has communicated that from Friday 29 September 2023 and until further communication, the placing of orders without price limits (best orders) will not be permitted on the company’s ordinary shares.

2023-09-29 07:19:00
#FTSEMib #starts #rise

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