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

The main indices of the Italian Stock Exchange and the main European financial markets recorded increases in the range of 1-2%. BPER Banca shines. Saipem . sinks

positive bag_2The main indices of the Italian Stock Exchange and the record of the main European financial centers increases in the range of 1-2%, after suffering heavy 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.”

at 11.40 FTSEMib It rose 1.83% to 23,351 points, just below the intraday high of 23,268 points. At the same time FTSE Italia all participated It rose by 1.77%. plus sign for file FTSE Italia medium hat (+1.41%) and for The star of FTSE Italia (+ 1.09%).

The Bitcoin It is still less than 32,000 dollars (about 30 thousand euros).

The BTP-Bund spread Still more than 200 points.

L ‘euro It’s back over $1,055.

Strong performance of banking sector stocks.

gathering Paper Bank (+9.96% up to 1.673€)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 anticipated increase in customer financing, also driven by the investments envisaged in the passenger name register.

very very good UniCredit (+4.69% up to 8,397 euros). 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%.

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 $102 a barrel.

Saipem Accelerates downwards (-5.85% to €0.998). 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 (+ 3.15% to 13.1 euros). Berenberg analysts began hedging the auto giant with a target price of €21 and a signal to buy the shares.


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