Italian Stock Exchange, commentary from the session of 26 June 2024

Italian Stock Exchange, commentary from the session of 26 June 2024
Italian Stock Exchange, commentary from the session of 26 June 2024

A positive start to the session is expected for the stock exchanges of the Old Continent and for Piazza Affari. On the Milan stock exchange, eyes on the banking sector, with MPS above all

It is expected a positive start to the session for the stock markets of the Old Continent and for Piazza Affari. On the Milan stock exchange, eyes on the banking sector, with MPS above all.

The main US indices are at different speeds in the session of Tuesday 25 June. At the end of trading the Dow Jones recorded a decline of 0.76% to 39,112 points while the Standard & Poor’s 500 rose by 0.39% to 5,469 points. The Nasdaq did best of all, rising by 1.26% to 17,718 points. The technology basket benefited from the rebound in the chip sector, a sector led by the leader NVIDIAwhich rose by 6.8% after 3 sessions of significant declines.

Among the bankers, all eyes are on MPS Bank. According to what Il Sole24Ore reported on the sidelines of the annual Consob meeting, Undersecretary of Economy Federico Freni declared that there would be no rush on the dossier. The speculations that have circulated in recent hours regarding a possible imminent valorisation of the share of 26.7% of the Sienese institute currently held by the MEF were the result of the upcoming expiration of the ownership restrictions which will take place on July 2nd. Finally, SOle24Ore recalls that dtime on the market we look, among the various options, at Unipol by Carlo Cimbri, who however declared that MPS “is not in the plans of Bper Bank nor even of Unipol”.

 
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