Some ideas among the titles of the banking sector: the rise of Monte dei Paschi di Siena stands out. Positive intonation also for Leonardo. Saipem and utilities are down
The major indices of Borsa Italiana and the main European financial centres experience fractional changes in the first session of the week, after the strong correction suffered last eighth.
At 15.40 the FTSEMib it recorded a drop of 0.14% to 28,547 points, after fluctuating between a minimum of 28,334 points and a maximum of 28,687 points. At the same time the FTSE Italia All Share lost 0.19%. Minus sign also for the FTSE Italia Mid Cap (-0.69%) and for the FTSE Italia Star (-1,05%).
Il bitcoin it stands at 29,000 dollars (less than 26,500 euros).
Lo spread Btp-Bund oscillated between 165 and 170 points, with the yield of the ten-year BTP returning to 4.25%.
L’euro it returned to 1.1 dollars.
Some ideas among banking sector stocks.
Monte dei Paschi di Siena recorded a rise of 9.09% to 2.761 euros. Some investment banks have revised the target price on the Sienese institute upwards, after the release of the financial results for the first half of 2023.
Very well also the BancoBPM (+2,68%).
Down by more than a percentage point Saipem (-1,2% a 1,4 euro). On Saturday 5 August 2023, Il Sole24Ore published an interview by Celestina Dominelli with Alessandro Puliti, CEO of Saipem, who commented on the engineering company’s half-year results and provided some strategic and financial indications for the next quarters. In particular, the manager reiterated the need to continue to record profits on an ongoing basis, with the aim of returning to the distribution of the dividend.
The positive trend continues Leonardo (+3,14% a 13,315 euro). S&P Global upgraded the aerospace company’s long-term debt rating by one notch from “BB+” to “BBB-“. The judgment classifies Leonardo among non-speculative issuers.
Sales on utilities: stands out the decrease of Hera (-2,93%).
At the FTSEMib the negative trend of Interpump (-3.8%). Benefits taken up Iveco Group (-2.85%), after last week’s rally.
All’Euronext Growth Milan Execus can’t get the price, after the sharp rise recorded on the day of its debut. Borsa Italiana has communicated that from Monday 7 August 2023 and until further communication on Execus ordinary shares, it will not be possible to place orders without a price limit (orders at best).
2023-08-07 14:40:00
#FTSEMib #negative #closure
