Italiana Stock Exchange, commenting on today’s session (June 3, 2022)

The main indices of the Italian Stock Exchange They finished the last session of the week In the negative area They recorded a decrease of more than one percentage point. Partial discounts, however, are for Paris and Frankfurt. According to Thomas Hempel – head of macro and market research at Generali Investments – the markets have already been pricing in a lot of bad news with the recent dips and the situation appears to be very bearish, according to some tactical indications. However, in light of the current geopolitical risks (NATO/Russia, Taiwan), strong monetary tightening and slowing growth, the expert maintains Slight “underweight” in the stock. “We expect increased investment in risky assets by the end of the summer if the Fed starts to become less aggressive, as we expect,” Thomas Hempel quipped.

The FTSEMib It closed down 1.06% at 24,167 points, after it fluctuated between the lowest level at 24,113 points and the highest level at 24,575 points; During the entire week, the main Italian stock index lost 1.91%. The FTSE Italia all participated It lost 1.03%. Also minus sign for FTSE Italia medium hat (-0.71%) and for The star of FTSE Italia (-0.75%). In the June 3, 2022 session, the trading value increased to 1.48 billion euros, compared to 1.15 billion on Thursday.

It’s 17.30 Bitcoin It amounted to 29,500 dollars (less than 27,500 euros).

The BTP-Bund spread It has widened beyond 210 pips.

L ‘euro It stayed below $1,075.

good day for Leonardo (+1.96% up to €10,415). According to reports from some press agencies, the German group Rheinmetall has made a non-binding offer to acquire up to 49% of the share capital of subsidiary OTO Melara.

Securities sales to the banking sector. negative performance of Paper Bank (-3.4% to 1,863 euros).

Companies active in managed savings are also in difficultyWhere the decrease was recorded by FinecoBank (-4.1% to 12.63 euros).

Nervous trend of stocks in the oil sectorAfter the price of crude oil in New York (the contract expires in July 2022) returned to $119 per barrel.

flexion Saipem (-2.38%).

minus sign also for Tenaris (-0.32% to € 15.73). The company has announced that it has resolved an ongoing dispute with the SEC (Consob’s consideration in the US), regarding an ongoing investigation in Brazil. Tenaris will pay a total of $78 million, without acknowledging or denying the SEC’s findings. In parallel, the US Department of Justice informed the company that it closed the proceedings without legal action.

Positive closing, however, for where are you (+ 1.32%).

Stilants It decreased by 3.31% to 13,792 euros. The auto giant has announced that it has signed a binding agreement with Controlled Thermal Resources to supply lithium hydroxide for batteries for use in the production of electrified Stellantis cars in North America.