Italiana Stock Exchange, commenting on today’s session (13 June 2022)

Securities from the banking sector played a negative role. Saipem lost 14.8% after the merger. BTP-Bund spread exceeded 245 pips

Bad start to the week The main indices of the Italian Stock Exchange and the main European financial markets after the sharp correction in the previous two sessions. Stock markets on the Old Continent recorded a decline of more than 2%.

The FTSEMib It lost 2.79% to 21.918 points, after it fluctuated between a low of 21.797 points and a high of 22.255 points. The FTSE Italia all participated Leaving 2.87% on the ground. worse performance for FTSE Italia medium hat (-3.76%) and for The star of FTSE Italia (-4.13%). In the June 13, 2022 session, the trading value fell to 2.48 billion euros, compared to 3.37 billion on Friday.

The BTP-Bund spread It expanded beyond 245 points after the Italian 10-year bond yield reached 4.1%.

It’s 17.30 Bitcoin It has fallen to less than $23,000 (less than €22,000).

L ‘euro It fell below $1045.

Securities from the banking sector played a negative rolefollowing the increase in yields on Italian government bonds.

Strong BPER Banca fluctuationsA: The address has been registered 3.27% decrease to 1.6435 euros after some suspensions due to exceeding the deviation.

Certainly negative performances also for Intesa San Paulo (-3.44% to €1.759) and for BancoBPM (-4.91% to €2.595).

The minus sign is also for stocks in the oil sectorAfter the price of crude oil in New York (the contract expires in July 2022) fell below $119 a barrel.

Saipem suffered a drop of 14.8% to €38.36. The Italian Stock Exchange introduced the new prices of the company’s common shares and savings shares, to which an adjustment factor of 10 has been applied, after a reverse stock split in effect since Monday 13 June 2022. The closing price on Friday 10 June for common shares, equal to 4,504 euros, adjusted to 45.04 euros , while the price of savings bonds was adjusted to 180 euros.

The NEXI bracket stands out (-7.89% to 7,516 euros). As reported by Il Sole24Ore, the company is evaluating the possibility of selling its capital markets division at €60 million.

jump Campari (+ 1.86%) e my recordings (+1.46%), the only positive stock in the FTSEMib index.


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