Closing with fractional variations for the session of the main squares of the Old Continent. The US FED confirmed interest rates for the sixth consecutive time
Closing with fractional variations for the session of the main squares of the Old Continent. The US FED confirmed interest rates for the sixth consecutive time.
Il FTSEMib it lost a minimum of 0.03% 33,736 points, after having fluctuated between a minimum of 33,699 points and a maximum of 33,990 points. The FTSE Italia All Share left the same variation on the ground. Plus sign for the FTSE Italia Mid Cap (+0.03%) while the FTSE Italia Star it lost 0.08%. In the session of May 2, 2024, the value of trade jumped to 3.2 billion euros, compared to 2.9 billion on Tuesday.
At 5.30 pm bitcoin it had slipped below 60,000 dollars (around 55,000 euros).
Lo spread Btp-Bund was confirmed just above 130 points, with the yield of the ten-year BTP which has close to 3.9%.
L’euro it remained above $1.07.
The eyes of the experts were focused yesterday on the FED decisions on interest rates. As expected, the American central bank confirmed interest rates at 5.25%-5.50%. This is the sixth consecutive meeting closed with a confirmation of the cost of money. The number one of the institute, Jerome Powell, has declared that he does not expect there to be a rate increase in the coming months.
Among the individual titles on Piazza Affari, evil eyes Stellar after the copious sales on Tuesday, the previous open stock market session. The car manufacturer’s shares fell by 4.31% after losing 10 points in the last close in the wake of data from the first quarter of the year. In the meantime, Mediobanca has given its recommendation “outperform” (it will do better than the market) with a “neutral” target price of 24 euros. Same evaluation, from the previous 27 euros, and same rating, for Nomura.
Sales also up STM (-3,67%).
On the positive side, the bank where the star of Mps, up 5.12%. The other institutes follow: Intesa Sanpaolo up by 1.36%, Unicredit by 0.93%, BancoBPM dell’1,84%.
A positive opinion for Amplifier (+0.22%). Kepler Cheuvreux analysts raised their recommendation on the hearing aid group from “hold” to “buy”, with a valuation improved to 38.40 euros from the previous 32 euros.