Milan black jersey, oil prices weigh.

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(Alliance News) – The main European stock exchanges continue Monday’s trade in positive territory, except for Milan, which trades lower, tired of the stocks in the oil department.

The FTSE Mib, therefore, trades in the red by 0.5 percent at 25,659.15.

In Europe, the FTSE 100 of London rises 0.2 percent to 7,783.61, the CAC 40 of Paris is in the green fractional to 6,995.39, as is the DAX 40 of Frankfurt at 15,034.92.

Among Italy’s smaller lists, the Mid-Cap increased by 0.3 percent to 42,917.80, as well as the Small-Cap to 29,688.96, and Italy Growth is in the green 0.1 percent to 9,549.89.

In the main list in Piazza Affari, Intesa Sanpaolo takes first place with an increase of 2.2 percent. The company announced on Friday that the group’s fully loaded Common Equity Tier 1 ratio is expected to stand at levels in the range of 13 percent as of December 31, 2022, and thereafter at levels that reach the target above 12 percent in the horizon of the Business Plan. until 2025.

Telecom Italia fell 0.1 percent after it announced that following approval by the board of directors on January 18 and upon completion of book-building activities, it placed a bond of EUR850 million with unsecured fixed rate offered to institutional investors.

Campari rose 0.5 percent. On Friday it revealed that it bought 8,277 of its own ordinary shares between 16 and 20 January. The shares were taken at an average unit price of EUR9.8579, for a total consideration of EUR81,593.89.

Oils are at the bottom, with Snam and Tenaris giving up 3.2 percent and 1.4 percent, respectively, while Saipem and Eni are in the red with 0.6 percent. Worst on the list, however, is Enel, down 3.7 percent.

On the Mid-Cap, Juventus mark a decrease of 3.5 percent after a penalty of 15 points in the standings and a temporary suspension of 16 months for the sporting director, Federico Cherubini, to carry out activities in the FIGC , with an extension request for UEFA and FIFA. On Sunday, the company announced the appointment of Francesco Calvo, the company’s former Chief of Staff, as Chief Football Officer, reporting to the CEO, Maurizio Scanavino.

Saras gave up 0.9 percent after reporting on Friday that the company’s Chief Financial Officer, Franco Balsamo, sold 280,000 shares of the company’s common stock.

The shares were sold at an average price of EUR1.42 per share, for a total consideration of EUR397,600.

Zignago Vetro–in the red by 0.3 percent–reported Monday that it bought 33,916 shares for a total consideration of EUR521,176.23.

On Small-Cap, Netweek rose 3.5 percent.

Newlat food increased by 1.4 percent. On Thursday, the company reported that preliminary consolidated revenue for 2022 is EUR 730 million, an organic increase of 17 percent year-on-year from EUR 625 million reported at the end of fiscal year 2021 and 128 percent from fiscal year 2019 when revenue was EUR 320 million, the year of listing in the STAR segment of the Italian stock exchange.

ePrice sits at the bottom and is perggiore in the list, giving up 7.8 percent.

Among SMEs, Casasold rises 2.9 percent after reporting the results of the fourth quarter. The board of directors on Friday evening approved consolidated management KPIs for the fourth quarter of 2022. As of 31 December 2022, 25 apartments generated an income of approximately EUR1.8 million, a decrease of 28 percent from EUR2.5 million recorded until 31 December. , 2021.

The group, explained the company in a note, as previously communicated, “is experiencing a decline in its business related to building renovations and will record a significant decrease in revenue and margins in 2022.”

Spindox rose 1.0 percent after announcing the signing of a collaboration agreement with WizKey, a provider of blockchain solutions for the financial market and owner of the market as a service platform for intangible and physical assets Define.

Racing Force Group – in the green by 0.2 percent – announced on Monday that it has entered into an agreement with Formula 1 to use helmet camera technology for the 2023 Formula 1 World Championship.

Worth noting is the sharp increase of 40 percent in SG Company, which leads the list.

In New York on Friday, the Dow Jones closed in the green 1.0 percent to 33,375.49, the S&P gained 1.9 percent to 3,972.61, and the Nasdaq gained 2.7 percent to 11,140.44.

Among currencies, the euro changed hands at USD1.0909 against USD1.0836 at Friday’s close. In contrast, the pound is worth USD1.2396 from USD1.2375 on Friday evening.

Among commodities, Brent crude cost USD87.99 per barrel from USD86.80 per barrel on Friday night. Gold, on the other hand, trades at USD1,930.35 per ounce from USD1,925.38 per ounce last session.

In Monday’s economic calendar, no events are scheduled from China and Hong Kong, both closed for the Chinese New Year.

At 1500 CET, there will be a BTF auction in France while at 1600 CET the eurozone consumer confidence index is expected.

At 1845 CET, ECB President Christine Lagarde will make a speech.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.

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