Share

Borsa: Atlantia climbs, Stm shines. Bot Auction Rates Falling

The Milan Stock Exchange in recovery. Stm benefits from the generalized rise in technology. On Atlantia the tension is easing in view of the reorganization. Good demand for annuals at the Treasury auction

Borsa: Atlantia climbs, Stm shines. Bot Auction Rates Falling

Auction Bot, declining yield for annual securities assigned by the Treasury. Stock market recovering after the slowdown of recent days, a complicated week is starting to close on a positive note.

In today's placement, the Treasury issued 7,5 billion 12-month bonds maturing on 14/07/2021, achieving a yield of -0,124%, down by 14 cents compared to the previous month's auction. For annual BoTs, this is the first return below the zero percentage threshold since last February. Good demand which stood at 11,125 billion euros, with a supply-demand ratio of 1,48. The auction regulation falls on July 14th.

On the equity front, however, shines Stm in Piazza Affari, while on the market the countdown has started for the second quarter accounts, which will be published on 23 July. The shares of the Italian-French company benefited from the ferment in the tech sector which on Wall Street reached new highs, but also in Europe it boasts a rise of 0,8% on Friday morning. The Sts go up by 4,7% to 25,27 euros

In recent weeks, the companies in the chip sector have provided positive indications on the trend of the business, from Dialog to Microchip, up to Micron. Furthermore, on Thursday, the giant of the sector, Taiwan Semiconductor Manufacturing Company (TSMC) has turned the spotlight on the sector by announcing a twenty-year agreement with the Danish Orsted to buy clean energy produced by wind farms.

Also on Thursday the same St signed a alliance with Fingerprint Cards AB for the creation of a payment card with a biometric system, with the aim of developing an advanced system based on fingerprint recognition technology, to respond to market demand to improve the security and convenience of contactless payment cards ( contactless). However, according to both the analysts of Oddo and those of Equita, the estimates on the turnover in the second quarter are seen to drop by 10% compared to the previous quarter, to 2 billion dollars.

The other title highlighted is Atlantia, in decisive recovery after the openings on the side of the dilution of the stake in the hands of the Benetton family. The stock, which had lost more than 8% on Thursday, rose by 3% at the end of the morning to 13,505 euros.

comments