Piazza Affari negative, Moncler’s thud

Ending in the name of weakness for European stock exchanges, weakened by the worrying indications coming from the health front. In particular, our Ftse Mib, which stopped at 27,441.27 points (-0.97%), was affected by the negative performances achieved by Banco BPM (-1.97%), Ferrari (-2.12 %) and Moncler (-3.14%).

The latter’s weakness is attributable to the publication of a report on European luxury in which analysts at Goldman Sachs reduced their estimates on the sector in the wake of the expectation of a Chinese slowdown. In particular, the valuation on the MONC share went from “neutral” to “sell”.

In the banking sector,
-0.84% ​​of UniCredit
. The institute in Piazza Gae Aulenti has announced the sale of the entire stake held in Yapı ve Kredi Bankası. Against a moderate positive impact on CET1, the transaction will generate a negative impact on the consolidated income statement of approximately 1.6 billion.

After the publication of the accounts, FinecoBank closed with a -1.82% while Brembo recorded a -2.21%. The first at 30 September recorded a last line of the income statement of 257.2 million euros, + 4.4% compared to the same period of 2020, and revenues of almost 600 million (596.9), + 4.1% .

In the nine months the Bergamo-based company in the automotive sector recorded an increase in revenues of about 30 percentage points and a net profit of 168.7 million, more than double compared to the 71.7 million of 12 months ago.

Particularly interesting day on the cryptoasset market: the first two cryptocurrencies by capitalization, Bitcoin and Ether, updated their historical highs, rising above 68,500 and 4,800 dollars respectively. Since the beginning of the year, the former has risen by over 130% while the increase in the latter exceeds 500 percentage points.

On the second day of placement of the BTP Futura, the BTP-Bund spread did not register significant changes, confirming itself at 112 basis points. (in collaboration with