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Borsa Italiana is closed in red. Comment on today's meeting (November 19, 2019)

Nervous session for the banking sector: UBI Banca and UniCredit are increasing. The increase in the BTP-Bund spread triggered the sale of tools

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The most important indices for Borsa Italiana and the most important European stock exchanges closed the session on November 19 with fractional variations, in a session characterized by high volatility. Pierre Veyret – ActivTrade's technical analyst – reported that many investors have already taken for granted a trade agreement between China and the US; for this reason, the bags reach record levels. However, according to the expert, "this could be a dangerous situation if the Beijing-Washington negotiations would slow down, as many operators have already bought heavily before confirming an agreement".

Market redthe FTSEMib it registered a decrease of 0.57% to 23,329 points, after fluctuating between at least 23,303 points and a maximum of 23,660 points. the FTSE Italia All Share dropped 0.52%. Negative closure too FTSE Italia Mid Cap (-0.14%) and for FTSE Italia Star (-0.1%). During the session on November 19, the exchange rate rose to EUR 2.33 billion, compared with 2.25 billion on Monday; 574,694,329 shares are exchanged (562,403,751 during the Monday session). Of the 426 securities traded, 209 recorded a negative trend while most were 178; unchanged the remaining 39 shares.

L & # 39;Euro it remained below $ 1.1, while bitcoin it has approached $ 8,000 (just under € 7,500).

the proliferation The BTP Bund touched on 160 points.

Nervous session for i banking sector securities.

Plus sign too UBI Banca (+ 1.09% to EUR 2 787). During an interview published in Il Sole24Ore, the Institute's number one, Victor Massiah, stated that the bank will not transfer negative interest rates to customer deposits. In addition, UBI Banca number one has recalled that the agreements with Aviva and Cattolica Assicurazioni will expire at the end of 2020 and has expected the new partnership to be decided in the three-year plan that the institute will present in the first quarter of next year.

Also rising UniCredit (+ 0.29% to € 12,376). The institute's number one, Jean Pierre Mustier, confirmed that the bank is not currently interested in merging with other giants in the sector.

Fiat Chrysler Automobiles earned 0.1% to € 14,134, after the fall immediately Monday. ACEA announced that in October 2019, almost 1.2 million cars were registered in the EU, an increase of 8.7% compared to the same period 2018. In October the Fiat Chrysler trend Cars is back to being worse than the market: the listed group FTSEMib listed a 2.7% increase in registrations with more than 66,000 cars sold.

Telecom Italia TIM rose 1.28% to € 0.5518. During an interview published in Il Sole24Ore, the CEO of the telephone company, Luigi Gubitosi, confirmed the financial goals for 2019, based on the results obtained during the first nine months of the year. The manager reiterated that the reduction in debt (currently to EUR 25 billion) is still the company's priority: "With the completion of operations at Inwit and the joint venture with Santander, we will reduce it by about 3 billion", he specified Gubitosi. The manager added that the lowering of interest rates will allow Telecom Italia TIM to save financial costs of over 100 million euros.

Minimum raise for Inwit (+ 0.06% to € 9). The company listed on MidCap approved the merger project through the introduction of Vodafone Towers. In addition, the company's senior management decided to propose to the Annual General Meeting – subject to approval of the merger – an extraordinary dividend of EUR 0.5936 per share after the merger, totaling EUR 570 million.

The increase in the BTP-Bund spread has triggered services sales. The downside suffered from Terna (-1.93% to EUR 5,804).

Down one percentage point Enel (-0.99% to EUR 6.83)despite Morgan Stanley, the target price of the electric giant increased from EUR 6.2 to EUR 7.5; the experts confirmed the assessment "Overweight".

Small studs off Fountain Group, after finishing Monday's session with a 17.7% slip; the share recorded an increase of 2.47% to EUR 19,654.

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