September 25, 2022

Hardwood Paroxysm

All Latest News For You!

Italian Stock Exchange, commenting on today’s session (August 8, 2022)

Securities in the banking sector posted mixed performance: BPER Banca stock rose sharply; In the negative territory, however, BancoBPM. Very good Industrie De Nora

The main indices of the Italian Stock Exchange and the main European financial markets Consolidation in the positive area in the first session of the week. A tense session for the Italian stock market after Moody’s deteriorated the rating outlook for Italian sovereign debt, moving it from “stable” to “negative”. Experts justified the decision by recent developments in domestic politics, in the wake of the crisis of the government led by Mario Draghi and the decision to proceed with early elections. The Ministry of Economy and Finance considers Moody’s decision “dubious”.

2:00 p.m. FTSEMib He got 0.45 points at 22,689 points, after he fluctuated between a minimum of 22.560 points and a maximum of 22,774 points. At the same time FTSE Italia all participated recovered 0.41%. plus sign for file FTSE Italia medium hat (+ 0.02%) for The star of FTSE Italia (+0.49%).

The BTP-Bund spread It was confirmed above 210 points, after the Italian 10-year bond yield was back over 3%.

The Bitcoin Exceeded $24,000 (just under 23,500 euros).

L ‘euro It was returned to $1.02.

In partial progress Telecom Italia TIM (+0.36% to €0.2208). On Sunday, Corriere della Sera published an interview with the CEO of Telecom Italia TIM, Pietro Labriola, after publishing the half-year results. With reference to the single network, the director determined that integration with Open Fiber remains the best opportunity from an industry point of view. However, Labriola does not rule out an alternative plan, which is a “separate network with a financial partner”.

See also  Twitter Battle. Musk: I am against censorship - Economy

The Securities for the banking sector Mixed performance record.

in a decisive ascent Paper Bank (+3.88% to €1.633), consolidating the rally recorded in the August 5, 2022 session.

In the negative area BancoBPM (-1.58% to 2.614 euros).

Oil sector stocks fluctuateAfter the price of crude oil in New York (the contract expires in September 2022) fell below $ 88.5 per barrel.

where are you In the red (-0.24% to 11.428 euros), while Tenaris It confirms itself in the positive territory (+1.71% to €12,805).

.’s excellent performance De Nora Industries (+3.53% up to €14.96). Goldman Sachs analysts have begun to hedge the stock by setting a target price of €24 and in the judgment of “buy”. The target price indicates a potential 66% increase in De Nora shares compared to the closing price on Friday 5 August (14.45 euros). A positive sign is also from Mediobanca, which has started to hedge Industrie De Nora with a target price of €19 and an “Outperform” rating (it will outperform the market).

Euronext Growth Milan’s Freshmen Rise Continues swordsman. The stock was suspended due to a further rally after it recorded a theoretical advance of 15.4% and the last price of 4.29 euros. Siav shares are set at €3.