Borsa Italiana, suspension of January 3, 2023 hearing

The main indices of the Italiana Stock Exchange and the main European financial centres They closed the session in positive territory. Pierre Ferret – Technical Analyst at ActivTrades – reported this Bullish sentiment prevails in Europe, with stocks rising significantly across all sectors. However, according to the expert, it is still difficult to say whether the current price movement is driven by real motives, on the part of portfolio managers, or whether it is just a bull trap, which will close some short positions. It opened last year. “Deal volumes are on the rise, but remain extraordinarily low,” noted Pierre Verrett. However, the volatility rate is still high And when combined with low market liquidity, this is often considered a dangerous signal by traders.

the FTSEMib It recorded gains of 1.15% to 24,436 points, after fluctuating between the lowest level at 24,111 points and the highest level at 24,612 points. The same difference to FTSE Italia All Share which gained 1.15%. plus sign for file Medium hat from FTSE Italia (+ 1.27%) and l Star of FTSE Italy (+ 1.02%). And in the session of January 3, 2023, the value of trading rose to 2.07 billion euros, compared to 1.05 billion on Monday.

the Bitcoins It stayed above $16,500 (just under 16,000 euros).

the BTP-Bund spread It fluctuated around 210 pips, with a ten-year BTP return of less than 4.5%.

L’euro It returned to $1,055.

stellants It gained more than 1 percentage point (+1.3% to €13,826). The Ministry of Transport reports that 104,915 vehicles were registered in Italy in December 2022, an increase of 21% compared to 86,717 vehicles in the same period last year. On the contrary, in 2022 as a whole, registrations in Italy fell by 9.7% to about 1.32 million cars. Stellantis sales are also on the rise. Based on data released by the Department of Transportation in December 2022, group registrations were just over 32,500 units, an increase of 2.8% compared to about 31,700 vehicles sold in December 2021. However, for the full year of 2022, Stellantis registrations were up 16% on annual basis.

Important points among bankers.

Progress BancoBPM (+ 2.04%) from Intesa San Paolo (+2.33%) It is UniCredit (+ 3.45%).

strong fluctuations on Monte dei Paschi di Siena (-1.88% to 2.0115 euros)After the sharp rise achieved in the previous session.

Oil stocks fluctuatedafter the price of crude oil in New York (contract expires in February 2023) fell below $79 a barrel, from an intraday high of $81.5.

Where is it? Closed with a partial advance (+0.57% at €13,786). Bernstein’s analysts raised their price target for the six-legged dog from €18.5 to €20; The experts also improved the rating, which is now fixed at “Outperform” (it will perform better than the market).

in red Tenaris (-3.45%). Negative performance also for Saipem (-0.3% to 1.1805 euros).

rise of pirelli (+4.5%).

At MidCap we point out the excellent performance of Juventus (+8.7%, after a pause due to excessive increases).