Italian Stock Exchange, commentary from the session of 27 June 2024

Departure without significant changes for the main markets of the Old Continent: Piazza Affari remains just above parity. On the Milan stock exchange, eyes on bankers, Eni and Stellantis.

At 9.50 am the FTSEMib rose by a minimum of 0.11% to 33,580 points while the All Share advanced by 0.13%. Mid Cap (+0.23%) and STAR (+0.17%) are on the same line.

Session closed in a slightly positive way for i main US stock market indices in the session of Wednesday 26 June 2024. At the end of trading the Nasdaq rose by 0.04% to 39,128 points while the Standard & Poor’s 500 advanced by 0.16% to 5,478 points. The Nasdaq did best of all, rising by 0.49% to 17,805 points.

Among the individual tech stocks, the jump of Teslaup 4.81% just under $200 per share.

In Piazza Affari it rises by 0.44% ENI. The Six-Legged Dog announced that it has signed a binding agreement with Hilcorp for the sale of 100% of the upstream assets of Nikaitchuq and Oooguruk, Alaska. The value of the transaction has not yet been disclosed: it will be communicated at the closing.

Down 2.24% Stellantis. Equita SIM analysts cut their rating from “buy” to “hold”.

Start in mixed territory for banking: UniCredit rises by 0.3% while Intesa Sanpaolo falls by 0.41%. Good again BPER Bank (+0.8%).

Of note is the sprint start of Brunello Cucinelli (+4.07%).