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

Tense session for banking sector papers: UniCredit is back in the red. STM positively integrates. Leap Rome stands out. Bitcoin on a roller coaster

The main indices of the Italian Stock Exchange and the main European financial markets Record drop in the order of 2%After the significant increases achieved in the previous session.

at 11.45 FTSEMib It lost 1.81% to 23,296 points, after it fluctuated between the lowest level at 23.219 points and the highest level at 23,491 points. At the same time FTSE Italia all participated It decreased by 1.82%. Also minus sign for FTSE Italia medium hat (-2.15%) and in favor of The star of FTSE Italia (-2.74%).

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 fell below $1045.

Italian Post Records a fractional advance of 0.65% to €9.244. The company informed me Economic and financial results for the first quarter of 2022a period that closed out as revenue and profitability increased and exceeded analyst consensus.

Nervous sit on nicknames The banking sector.

UniCredit Back in the red (-0.46% to €9.329)after ending the previous session with a jump of more than 10%.

in partial regression BancoBPM. The institute’s stock, led by Giuseppe Castagna, fell 0.51% to €2.901. Moody’s has upgraded the company’s long-term debt rating by one level from “Baa3” to “Baa2” with a stable outlook.

ST Consolidating in positive territory (+3.11% to €35.45). 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.

flexion Nixi (-3.8% up to €9.02)Waiting for the quarterly results to be published.

Among the companies with smaller capital, the jump of AS Roma stands out (+15% to € 0.421). 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.


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