September 30, 2022

Hardwood Paroxysm

All Latest News For You!

Italian Stock Exchange, commenting on today’s session (12 May 2022)

Tense session for banking stocks: UniCredit heads higher. The STM moves into the positive territory. Leap Rome stands out. Bitcoin on a roller coaster

The main indices of the Italian Stock Exchange and the main European financial markets Record a decrease in the range of 1-2%After the significant increases achieved in the previous session.

at 10.15 FTSEMib lost 1.46% to 23,378 points, while losing FTSE Italia all participated It is down 1.45%. Also minus sign for FTSE Italia medium hat (-1.59%) and for The star of FTSE Italia (-2%).

The Bitcoin It’s back in excess of $27,500 (about €26,500), having hit $25805.

The BTP-Bund spread It fluctuates around 190 pips.

L ‘euro It dropped to $1,045.

Italian Post It records a partial decrease of 0.48% to €9.14. The company disclosed its economic and financial results for the first quarter of 2022, a period that ended with increasing revenue and profitability and exceeding the consensus of analysts.

Nervous sit on nicknames The banking sector.

UniCredit Converted (+0.01% to €9.373)after ending the previous session with a jump of more than 10%.

ST Passes into positive territory (+3.3% to €35,515). During the Capital Markets Day, management communicated the financial goals for 2022 and presented financial indicators for the period 2025-2027. In detail, the Italian-French group expects to close the current year with revenues of between 14.8 billion euros and 15.3 billion euros, aiming for a margin of around 46%. The company aims for three years 2025/2027 to achieve sales of more than 20 billion euros.

See also  The Bank of Italy explains why Putin put our backs to the wall in 5 months

Among the companies with smaller capital, a leap like rome (+ 15.6% up to € 0.423). Romulus and Remus Holding have announced a decision to promote a voluntary takeover offer aimed at acquiring all of the common stock in Club Giallorossi. The expected consideration is €0.43 per share upon acceptance of the offer. The value includes a premium equal to 18.5% of the official share price recorded on May 11, 2022.