More sales of banking securities, after the correction suffered in the previous session. Stellantis’s decline continued. Important ideas among luxury companies.
Closing negative for the main indices of the Italian stock market and for the main European financial markets, which recorded reductions of the order of one and a half percent in the last session of the week. The day was characterized by some technical deadlines; Stock and index option contracts dated October 2023 have expired.
He FTSEMib It left 1.4% on the floor, at 27,357 points, after having fluctuated between a minimum of 27,336 points and a maximum of 27,635 points; Throughout the week, the main index of the Italian stock market lost 3.12%. He FTSE Italy All installments It closed with a drop of 1.39%. Also in red FTSE Italy mid-cap (-1.11%) and the FTSE Italy star (-1.53%). In the session of October 20, 2023, the value of trade amounted to 2.29 billion euros, compared to 2.1 billion on Thursday.
He bitcoin It fell to $29,500 (just under 28,000 euros).
He Btp-Bund Differential remained above 200 points, with the ten-year BTP performance which fell below 4.95%.
IEUR it approached $1.06.
More sales of shares in the banking sectorafter the correction suffered in the previous session.
Focus on Mount of the Paschi of Sienawhich registered a decrease of 3.97%, to 2,373 euros.
bad too BPER Bank (-2.72%).
Oil stocks are on the risedespite the fact that the price of crude oil in New York (contract that expires in November 2023) once again exceeded $90 a barrel.
ENI suffered a decrease of 0.35% to 15,398 euros.
In sharp decline Saipem (-6.22%).
Negative closure for stellantis (-2.42% to 17,648 euros), after the fall suffered in the previous session. The ACEA (the European association that brings together automobile manufacturers) announced that in September 2023, 861,062 cars were registered in the European Union, an increase of 9.2% compared to the 788,258 in the same period of 2022. At Stellantis sales increase in September 2023: the automotive group recorded an increase in registrations of 11.3% last month with 165,800 cars sold; As a result, Stellantis’ market share in Europe stood at 19.3%.
The falls also stand out in the FTSEMib Iveco Group (-4.65%) and Telecom Italia TIM (-3.67%).
Important ideas among luxury companies.
Brunello Cucinelli registered an increase of 4.82% to 75.1 euros. The company provided some Financial indications relating to the first nine months of 2023.. Furthermore, for the whole of 2023, Brunello Cucinelli management expects turnover growth of between 20% and 22%, compared to the previous indication of 19%.
Backwards, Salvatore Ferragamo lost 1.85% to 11.7 euros. The company provided some Financial indications relating to the first nine months of 2023.The period closed with revenues of 844.19 million euros, 8.3% less than the 920.73 million obtained in the first three quarters of the previous year.