Italian Stock Exchange, commenting on today’s session (June 15, 2022)

Big rebound in banking sector stocks. Unmanaged stocks in the oil sector. BTP-Bund spread reduced to less than 235 pips

The main indices of the Italian Stock Exchange and the main European financial markets Consolidation in a positive area, awaiting monetary policy decisions by the Federal Reserve. Scope rating analysts emphasized the emergency meeting called by the European Central Bank on June 15 after increased volatility in the markets of highly indebted countries, notably Italy, due to uncertainty over the increase in private sector financing needed for outflows from the euro area with the end of the central bank’s net asset purchases European.

at 11.05 FTSEMib It regained 2.41% to 22,373 points, after it fluctuated between a minimum of 22,079 points and a maximum of 22,566 points. At the same time FTSE Italia all participated It rose by 2.34%. plus sign for file FTSE Italia medium hat (+2.01%) and for The star of FTSE Italia (+1.68%).

The BTP-Bund spread It fell below 235 points after the yield on Italian 10-year bonds returned to 4.1%.

The Bitcoin It fell below $20,500 (just under €19,500).

L ‘euro I touched $1.05.

Big rebound in banking sector stocksAfter a sharp correction in the past few sessions.

in proof of BancoBPM And the Intesa San Paulowhich rose 4.42% and 4.57% respectively after being halted due to the breakout of the downtrend at the start of the session.

Positive intonation also for Paper Bank (+ 4.05% for 1.722 euros).

Unmanaged stocks in the oil sectorAfter the price of crude oil in New York (the contract expires in July 2022) fell to $118 per barrel.

Saipem Earn 2.95% for €40,605, after the strong fluctuations recorded in the past few sessions. The company confirmed that it had recently been granted a Limited Notice to Proceed (LNTP) for initial engineering services to build an FPSO (Floating Production Storage and Offloading) unit that will later work for Shell and its partners to develop oil and gas Gato do Mato. LNTP has a value of up to $50 million. Saipem’s stake is approximately $25 million.

backwards, Tenaris It loses 1.18%.

italgas Increased by 2.04% to €5.495 on the presentation day of the Strategic Plan 2022-2028. In particular, the new plan envisages a total net investment of 8.6 billion euros, an increase of 0.7 billion compared to the previous plan, presented last year. On the other hand, there is no news regarding dividend policy.


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