Borsa Italiana: the comment of the day (November 28, 2018)



[ad_1]

In general, the banking sector has continued to grow, after the gap between the Btp and the 10-year Bund has narrowed to 290 points. Bad day for Tenaris

<! – ->

Piazza Affari and the main European stock markets they record partial changes at the beginning of the day. The three-day auctions of Italian government bonds continued: in the morning, the Treasury placed the semiannual BOT for an amount of 6.5 billion euros: the yield of the title recorded a slight increase over the October investment.

At 15:45 FTSEMib was up 0.17% to 19.183 points, while the FTSE Italia Share all gained 0.22%. Best performance for the FTSE Italy Mid Cap (+ 0.57%) and the FTSE Italia Star (+ 0.66%). At the same time, the exchange value exceeded 1.3 billion euros.

L & # 39;euro it is confirmed under $ 1.13; the Bitcoin it's more than 4,000 dollars (just over 3,500 euros).

BROWSE the quotations of SOLMib40 securities

Market salesIn general, securities in the banking sector have increased, after that spread between the construction and the Bund with a maturity of 10 years, it was reduced to 290 points.

Unicredit wins 2.76% to 11.754 euros. The institution has placed a senior non-preferred Senior 5-year bond in the US Global MTN program; the title is intended for a primary institutional investor. The financing cost is 420 basis points over the 5-year swap rate in euros.

Monte dei Paschi di Siena up 3.62% to 1.575 euros. According to MF, the Sienese Institute has postponed to 2019 the placement of 700 to 750 million additional obligations planned by the end of the year.

Banca Intermobili is suspended due to a decline, after recording a theoretical decline of 10.2%. The institute has approved the conditions of the capital increase paid by the general meeting of shareholders of September 28, 2018. In detail, the shares of Banca Intermobiliare will be offered to all shareholders at a price of € 0.166 per share. Options of 183 newly issued shares for every 50 shares held, making a total of 547,653,486 new shares for a total counter-value of 90.91 million euros. The subscription price includes a reduction of 18.5%. approximately in relation to the theoretical theoretical price (theoretical theoretical price or TERP) of the shares of the institute, calculated according to the methods in force.

Bad day for Tenaris (-6.69% to 10.945 euros), recording the worst performance of the day at FTSEMib. The company announced that the Argentine judiciary had opened an investigation into possible cases of corruption among important figures of the previous government; The investigation, which also concerns the subsidiary Techint Group for the year 2008, also includes the president and CEO of Tenaris, Paolo Rocca. The company reiterated its full support to the leader and confirmed Paolo Rocca to the positions held by the company.

Telecom Italia records a drop of 0.66% to 0.5726 euro. Goldman Sachs badysts lowered the target share price of the company's common stock from 0.8 to 0.6 euros and went from 0.75 to 0.55 euros of the target price of the savings shares, highlighting the contractions observed between the main shareholders of the group and a deterioration of the reference scenario. Experts have even worsened from "Buy" (buy) to "Neutral" judgment.

Atlantia loses 0.7% to 18.445 euros. According to what has been written about Il Messaggero, Giovanni Castellucci could resign from his post of CEO of Autostrade by the Italia with the approval of the 2018 budget of the company. On the contrary, the manager should stay at the controls of Atlantia.

Astaldi is up 0.75% to 0.535 €. Sole24Ore has updated the company's restructuring plan as part of the continuity agreement procedure. There would be two possible solutions to save the group: the first badumption "aims to inject new resources into the capital of the company by the entry of a new member, which would be accompanied by recognition, by another person, new members. " finance ". The second option is to "substantially separate two Astaldi by placing all orders on one side and concessions on the other".

Safilo falls by 2.08% to 1.51 euro. The company has approved the final terms and the timing of the capital increase. In detail, Safilo will issue a maximum of 213,043,881 common shares to be offered as an option to shareholders, in a ratio of 17 new shares for every 5 common shares held at an issue price of € 0.704 per share. The issue price was determined by the Board of Directors, applying a discount of 21.3% on the theoretical ex-law price (the "Theoretical Theoretical Price Price – TERP") of the ordinary shares of Safilo, calculated in accordance with the methods in force on the basis of the closing price of the shares. scholarship of November 27, 2018 for an amount of € 1,542.

<! – ->

[ad_2]
Source link