Borsa Italiana, the commentary on today’s session (26 October 2021)

Borsa Italiana, the commentary on today’s session (26 October 2021)
Borsa Italiana, the commentary on today’s session (26 October 2021)

The spotlight is always on on bank stocks: UniCredit and Monte dei Paschi di Siena are up by one percentage point. Positive pitch also for BancoBPM and for BPER Banca

Positive intonation for the major indices of the Italian Stock Exchange and for the main European financial markets.

At 10.35 the FTSEMib was up by 0.69% to 27.001 points, while the FTSE Italia All Share earned 0.68%. Above par is also the FTSE Italia Mid Cap (+ 0.58%) and the FTSE Italia Star (+0,4129%).

The bitcoin reached $ 63,000 (over € 54,000).

It spread Btp-Bund has exceeded 105 points.

L’euro stands at $ 1.16.

The spotlight is always on on securities from the banking sector.

Up by one percentage point UniCredit (+ 1.25% to 11.476 euros) and the Monte dei Paschi di Siena (+0,91% a 1,056 euro), after the reductions suffered in the previous session. Filippo Diodovich – senior market strategist of IG Italia – has hypothesized three future scenarios for the Sienese institute: stand-alone model, search for new buyers and return to the negotiating table with UniCredit.

Positive intonation for the BancoBPM (+ 1.11% to € 2,998) and for BPER Bank (+0,59% a 2,059 euro).

Telecom Italia TIM records an increase of 0.65% to 0.3384 euros. The telephone giant has communicated the analysts’ estimates on the financial results for the third quarter of 2021 and has provided an update of the financial forecasts for the whole of 2021. In particular, the consensus indicates for the current year revenues of 15.61 billion euros. euro, down by 0.8% compared to the 15.84 billion obtained in the previous year. The organic gross operating margin is expected at 6.67 billion euros, an estimate that compares with the 6.99 billion (comparable base) of 2020.

At AIM Italia stands out the strong rise in ESI (+8,27% a 4,06 euro). The company announced that it has finalized a framework agreement with a primary group in the energy sector for the construction of 6 photovoltaic systems. The overall value of the contract is 25.3 million euros.

Source

Borsa Italiana commentary todays session October

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