Italian Stock Exchange, commentary from the session of 13 May 2024

The major Italian Stock Exchange indices and the main European financial markets they started the week with fractional changes. According to Pierre Veyret – technical analyst at ActivTrades – the technical situation remains positive, as the STOXX50 index is well above the 5,050 point level, its last major resistance in the short term. “The next target is around 5,115 points, the last level before the market returns to uncharted territory with a new all-time high, which could occur later in the week if inflation data confirms investors’ dovish hopes” , the expert reported.

The FTSEMib recorded an increase of 0.46% to 34,816 points, after having fluctuated between a minimum of 34,620 points and a maximum of 34,843 points. The FTSE Italia All Share it gained 0.43%. Opposite trend for the FTSE Italia Mid Cap (+0.12%) and for the FTSE Italia Star (-0.27%).

At 5.30pm bitcoin it had almost reached 63,000 dollars (over 58,000 euros).

The Btp-Bund spread he approached 135 points, with the yield of the ten-year BTP which was reported above 3.85%.

L’EUR it reached $1.08.

Always in the spotlight i banking sector securities.

The rebound has arrived BFF Bankafter the heavy correction suffered last week. The stock recorded an increase of 13.9% to 9.2 euros.

At FTSEMib the progress of. stands out DiaSorin (+2.85% to 101.35 euros). Some investment banks have improved their assessment of the diagnostic company after the release of its financial results for the first quarter of 2024

Very good too Stellantis (+3.7%) e Telecom Italia TIM (+2.74%). In reverse, Leonardo suffered a decline of 3.34%.

Also down sharply Iveco Group (-3.15% to 11.375 euros).

Juventus FC ended the session with a rise of 2.2% at 1.9528 euros. With the draw at home with Salernitana and the simultaneous defeat of Roma, the Juventus club acquired the right to participate in the next edition of the Champions League.