Telecom Italia TIM is closing its doors. Also negative performance of BPER Banca and Stellatis. On the other hand, DeA Capital has made significant progress on STAR
The main indices of the Italiana Stock Exchange and the main European financial centres Partial changes recorded In the last session of the week, after the spread US employment data for November. Filippo Dudovic, chief market strategist at IG Italia, noted that the reaction in the markets was strong because investors seemed to discount a possible slowdown in the amount of interest rate hikes by the Fed after Jerome Powell’s words as “a done deal” and after the core number of inflationary expenditures. personal consumption. “Job data changes possibilities And making the 50 bps scenario always look preferable but not with such high proportions,” the expert noted.
The FTSEMib It lost 0.26% to 24,622 points, after fluctuating between a low of 24,415 points and a low of 24,702 points. Italy’s main stock index ended the week down by 0.39%. The FTSE Italia All Share It lost 0.21%. However, the positive performance of Medium hat from FTSE Italia (+ 0.11%) and l Star of FTSE Italy (+0.78%). In the session of November 2, 2022, the value of trades decreased to 1.78 billion euros, compared to 2.33 billion on Thursday.
The Bitcoins It fluctuated around $17,000 (about 16,000 euros).
The BTP-Bund spread It returned to 190 pips, with the ten-year return on BTP to over 3.75%.
L’euro It rose again to $1.05.
Telecom Italia TIM remained in the spotlightAfter the strong fluctuations recorded in the previous two sessions. The stock decreased by 2.06%, to 0.2094 euros.
passive closure of Bank Paper (-0.49% to €1.9395). The Institute announced that it has completed the inaugural issuance of a fixed-to-floating non-premium bond in the amount of €500 million, with a maturity of 5 years and the possibility of early repayment after 4 years. The annual coupon is capped at 6.125%, with an issue/resale price of 99.847%.
Also in red stellants (-2.05% to 14,602 euros). The Ministry of Transport reports that in November 2022 119,853 cars were registered in Italy, an increase of 14.7%. Stellantis sales are also growing. As reported by major news agencies, in November 2022, group registrations amounted to about 37 thousand units, an increase of 1.4% compared to more than 36,300 cars sold in November 2021. As a result, Stellantis’ market share testifies to this. 30.8%.
Selling prevailed over oil sector stocksafter the price of crude oil in New York (contract expires in January 2023) fell to $81 per barrel.
to retreat Where is it? (-1.41% to 13,892 euros). Also in red Tenaris (-1.65%).
DA Capital recorded a jump of 28.9% to 1.474 euros. NOVA, a company wholly owned by De Agostini, has informed the decision to launch a voluntary public offer on the shares of the holding company listed in the STAR sector, with the aim of obtaining a share cancellation from Piazza Affari. The bidder will pay a cash consideration equal to €1.5 (including coupons related to any dividends distributed by DeA Capital). The quoted price includes a premium of 31.1% compared to DeA Capital’s closing price on the 1st December 2022 session (€1.144).