Yet another very positive session for Piazza Affari. The Ftse Mib closes the eighth consecutive session up, scoring + 0.99% at 25,824 points, updating the top since 2008 and marking itself as the best EU stock exchange with banks and cyclical stocks still in the front row.
Among the individual securities, Unicredit (+ 3.47% to € 10.858) promoted to buy by Jefferies analysts with a target price of € 12.25. Jefferies believes that the Piazza Gae Aulenti institution may be among the main beneficiaries of the better outlook on loan volume.
On the other hand, Jefferies cut the judgment on Intesa Sanpaolo (+ 0.20%), passing from buy to hold. Banco BPM’s new rush among banks (+ 1.5%).
Interpump continues today (+ 0.79% to 50.7 euros) which updates the all-time highs. Today, the leading group in the production of high-pressure pumps has launched its own share purchase program; Purchases for a total of 500,000 shares are planned to be made by 30 September 2021 at the maximum price of 52 euros per share.
Historic tops also for CNH (+ 1.6% to € 14.82) and Moncler (+ 1.61% to € 59.28).
Azimut benefited (+ 1.95%) which in May reported positive net inflows of 642 million.
Finally, Telecom Italia marks + 1.66%. According to some rumors reported by “Il Sole 24 Ore”, FiberCop is talking with local utilities to involve them as wholesale customers. “It is normal that FiberCop looks to a market as broad as possible of service providers in addition to its main customers Tim and Fastweb”, underline the experts of Banca Akros who define “the impact neutral, given that the market opportunity seems modest “.