Italian Stock Exchange, commenting on today’s session (May 10, 2022)

Italian Stock Exchange, commenting on today’s session (May 10, 2022)

Excellent performance of securities in the banking sector: the rise of BPER Banca stands out. UniCredit is also very good. On the other hand, Saipem stock fell sharply

green business boxThe main indices of the Italian Stock Exchange and the main European financial markets End the session on a positive note, after making major corrections the day before. Pierre Ferret – Technical Analyst at ActivTrades Technical rebounds at key support levels After the losses of the previous session and waiting for new developments at the macro level. According to the statement, “most investors have now agreed that the second half of 2022 will be characterized by greater volatility and will wait for more significant developments before pushing prices towards more directional trading.”

The FTSEMib It rose by 1.04% to 23,070 points, after it fluctuated between the lowest level at 23.021 points and the highest level at 23.378 points. The FTSE Italia all participated Recorded a progress of 1.01%. plus sign for file FTSE Italia medium hat (+ 0.79%) and for The star of FTSE Italia (+13%). And in the May 10, 2022 session, the trading value fell to 2.15 billion euros, compared to 2.19 billion on Monday.

It’s 17.30 Bitcoin It’s down to $31,000 (about €29,500).

The BTP-Bund spread More than 200 points have been reported.

L ‘euro It fell below $1,055.

Excellent performance for Securities for the banking sector.

gathering Paper Bank (+7.85% up to 1.641 euros)after spreading Financial results for the first quarter of 2022. Over the course of the full year, BPER Banca’s management expects to increase revenue compared to last year thanks to a strengthening competitive position. In particular, the commission component should benefit from the expected increase in client financing, also driven by the investments envisaged by the PNRR.

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very very good UniCredit (+5.46% up to €8.459). UBS analysts raised the target rate for the bank run by Andrea Orcel to 15.4 euros; Experts confirmed the signal to buy stocks. Moreover, from the communications issued by Consob on May 9, we learned that Capital Research and Management has reduced the stake held in the bank’s share capital from 6.768% to 3.979%.

Intesa San Paulo (+1.73%) in line with the positive trend of the sector.

Inventories in the oil sector remain in the spotlightAfter the price of crude oil in New York (the contract expires in June 2022) rose to 101 dollars per barrel.

Saipem Sharp drop (-6.6% to €0.99). As written in Il Sole24Ore, Francesco Caillou, the company’s number one, aims to close the €2 billion capital increase by the summer.

rise of Stilants (+17% up to €12,848). Berenberg analysts have begun hedging the auto giant with a target price of €21 and a signal to buy shares.

. positive performance Mediolanum Bank (+ 1.05% to € 6.914) and in favor of my recordings (+2.34% to €42.41), after publishing the quarterly results.


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