UniCredit keeps Piazza Affari afloat

In a generally weak European context, UniCredit’s performance, which rose by 10.82% after the presentation of the new plan, allowed Piazza Affari to close the session above par. In the document, profits by 2024 are seen at over 4.5 billion euros (> 3.3 billion expected for this year) while turnover, from over 16 billion in 2021, is estimated to increase to over 17 billion. the good performance of the sector of public utility companies (+ 1.91% of A2A, + 0.88% of Hera while the combination formed by Terna and Enel respectively recorded +0.62 and +0.01 for cent), the Ftse Mib closed the day with + 0.24% at 26,817.38 points. Among the worst performances we find Telecom Italia (-3.46%) and the trio formed by Tenaris (-2%), Saipem (-2.17%) and Eni (-1%). The oil sector was pushed down by the oil trend (-0.82% to 75.2 dollars), which returned to decline after four sessions of earnings. The indications contained in a report by Kepler Cheuvreux, which took the valuation from “hold” to “reduce”, penalized Ferrari (-0.85%). On the government bond market, the spread did not register significant changes at 134.6 basis points (0.998% for the 10-year BTP and -0.348% for the Bund). (in collaboration with money.it).