Piazza Affari remains positive after more than 5 hours of trading, with the Ftse Mib index up by 0.3% to 34,428 points. The spread between German 10-year BTPs and Bunds stabilizes at 146.5 points, with the Italian annual yield rising by 2.8 points to 3.86% and the German one rising by 0.2 points to 2.39%.
Fineco is on top (+5.52%), driven by the increase in the recommendation of JpMorgan analysts to 'buy beyond the weight of the stock on the list' (overweight), with the target price rising by 20% to 16.30 euros. Followed by Unipol (+1.65%), Bps (+1.5%) and Banco Bpm (+1.4%), whose ratings and assessments are confirmed by Moody's. In the banking sector, Unicredit (+1.35%), Intesa (+1.25%) and Montepaschi (+0.9%) also stand out. Rising crude oil (WTI +0.87% to 85.9 euros) supports Tenaris (+1.62%) and Eni (+0.57%), while Saipem has made little move (+0.26%) Stellantis is under pressure (- 2.77%), Iveco (-1.92%) and Ferrari (-1.8%) unlike Piaggio (+0.35%) in the aftermath of the data on sales of vehicles and motorbikes. It keeps Tim (+0.14%), dealing with disagreements over frequencies with Elon Musk and the dossier on the sale of the network to Kkr.
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