Positive Piazza Affari, good Stellantis and STM

New session on the rise for Piazza Affari, driven by the performance of stocks in the industrial sector (+ 3.43% for Stellantis, on which Jefferies who improved the price target from 22-26 to 25-29 euros, and +2, 18% of CNH Industrial) and the + 3.06% achieved by STMicroelectronics, driven by the optimism of Taiwanese TSMC on the trend in demand.

The increase in the target price from 49.5 to 60 euros announced by Credit Suisse also encouraged buy orders on the semiconductor giant (today the shares closed trading at 43.9 euros).

On the Ftse Mib, which stopped at 27,844.45 points (+ 0.47%), a positive day also for BPER Banca (+ 1.76%), Intesa Sanpaolo (+ 0.59%) and UniCredit (+0, 31%).

On the other hand, sales on Diasorin, worse than the blue chip basket with a -4.22%. The company has announced the launch of a new version of the Simplexa Sars-Cov-2 Variants Direct molecular test that allows for the detection of mutations associated with the Omicron variant.

Today it was the turn of the publication of the Bulletin of the European Central Bank: according to the institute based in Frankfurt, inflation is destined to confirm itself above 2% in 2022. In any case, the Governing Council “is ready – reports the report- to adjust all its tools, where appropriate and in any direction, to ensure that inflation stabilizes at the 2% target over the medium term. ”

As regards the sector of government bonds, this morning the Ministry of Economy placed BTPs to 2024 for 3.5 billion, registering an increase in the yield of 24 cents to 0.14%. The 7-year stock, on the other hand, showed +29 basis points to 0.89%. The BTP-Bund spread remained stable at 136 basis points. (in collaboration with money.it)