Indexes in red at Piazza Affari

The major indices of Borsa Italiana and the main European financial centres are confirmed in negative territorywith fractional discounts. Alberto Tocchio – Head of European Equity and Thematics of Kairos Partners SGR – reported that, based on the closing values ​​as of 9 January 2023, the markets in Europe show an average progress of 6%, with the Eurostoxx outperforming the S&P500 since last September by more than 10%. However, according to Alberto Tocchio, the logic underlying the markets remains the same as a few weeks ago: we are emerging from a period of stable growth and low interest rates to move on to one characterized by volatile, polarized and deglobalised markets. “It takes time for regime changes and we certainly cannot take these first few days as a valid signal for the whole year to come“, warned the expert.

At 14.10 the FTSEMib it was down 0.15% to 25,347 points, after fluctuating between a low of 25,244 points and a high of 25,380 points. At the same time the FTSE Italia All Share was down 0.2%. Also in red FTSE Italia Mid Cap (-0.71%) and for the FTSE Italy Star (-0.56%).

The bitcoins it remains above 17,000 dollars (about 16,000 euros).

The BTP-Bund spread it fluctuates around 195 points, with the yield on the 10-year BTP confirmed to be over 4.2%.

L’EUR it remains below $1.075.

Mixed performance for i banking sector stocks.

Benefits taken on Monte dei Paschi di Siena (-2.71% to 2.158 euros)after the sharp rise achieved in the previous session.

Down It is in the (-1.02% to 5.542 euros). The electric giant has issued new perpetual hybrid bonds worth 1.75 billion euros. The issue received requests for subscription in excess more than 8 times, totaling orders for an amount equal to approximately 15 billion euro. At the same time, Enel launched voluntary cash offers to buy back all or part of the outstanding 750 million euro perpetual hybrid bond loan, with the first call date in August 2023, as well as part of the outstanding 1.25 billion euro hybrid bond loan of dollars.

Brunello Cucinelli takes the downward path (-3.43% to 69.05 euros, after having set the all-time high at 74 euros). The company has communicated the preliminary results for the 2022 financial year, which closed with net revenues of 919.48 million euros, an increase of 29.1% compared to the 712.18 million obtained in the previous year. Furthermore, based on the order intake for the Spring-Summer 2023 collections and the launch of the Autumn-Winter 2023 collections, Brunello Cucinelli forecasts revenue growth of around 12% for 2023, reaching the one billion euro milestone.

At the STAR segment remains in the spotlight Saes Getters, after the sharp rise recorded the previous day. The ordinary shares gain 1.19% to 29.7 euros, while i savings bonds they earn 4.09% to 22.9 euros.