Stock Exchange, Piazza Affari positive despite UniCredit

A positive start to the week for Piazza Affari, reinforced over the weekend by the positive evaluation received by the S&P agency, which on Friday evening announced that it had raised the outlook on our creditworthiness (“BBB”) from stable to positive. In theory, if the conditions of our economy remain the same, the agency will raise our creditworthiness in the next evaluation. The increase in the outlook translated into a narrowing of the spread, which fell by one and a half percentage points to 104 basis points. The Ftse Mib instead ended the first session of the eighth at 26,815.79 points, + 0.92% compared to the previous figure. On the basket of blue chips the spotlight is on UniCredit which, after a decidedly fluctuating session, closed with a 1.72% red. The institute of Piazza Gae Aulenti and the Ministry of Economy have announced that they have stopped the negotiations for the acquisition of Monte dei Paschi di Siena (-2.38 %%). “Despite the efforts made by both parties, UniCredit and the Ministry of Economy and Finance (Mef) communicate the interruption of negotiations relating to the potential acquisition of a defined perimeter of Banca Monte dei Paschi di Siena “, reports the joint note. At this point, three scenarios open up for the Sienese bank: a solitary one (a recapitalization by the Mef), one that passes through the search for new buyers and a reopening of negotiations with the bank led by Andrea Orcel. The end of the negotiations during the session prompted two stocks that have always been indicated as potential players in the consolidation of the sector: Banco BPM (+ 0.34%) and Bper Banca (-0.29%). The best performance on the main basket is was recorded by Exor (+ 5.81%) in the wake of rumors about the reopening of negotiations with Covea for the sale of PartnerRE. Strong purchases also on Stellantis (+ 2.94%), Ferrari (+ 4.1%) and Pirelli (2.65%). Utilities, on the other hand, were in the red, with A2A’s -1.09%, Hera’s -1.03% and Enel’s -0.93%. In the first nine months, the group led by Francesco Starace brought electricity production to 171,501 gigawatt hours, + 7.4% compared to 12 months ago. (in collaboration with money.it)