Stock market, Intesa Sanpaolo exceeds 70 billion in capitalisation

Intesa Sanpaolo own shares purchased for over 1703 million euros

(Finance) – Closes with a leap forward Intesa Sanpaolo which expands today’s positive performance, with an increase of 2.61%.

The stock of the banking group led by Carlo Messina, with today’s purchases, exceeds 70 billion euros in capitalization in value on the stock market, reaching 70.8 billion.

The shares concluded trading with a rise of 2.61% at 3.876 euros per share.

On a comparative level on a weekly basis, the trend of credit giant highlights a more marked trend than the trendline of FTSE MIB. This demonstrates the greater propensity of investors to buy towards Intesa Sanpaolo compared to the index.

The short-term implications ofcredit institution born from the merger between Sanpaolo IMI and Banca Intesa they underline the evolution of the positive phase at the test of the 3.902 Euro resistance area. A descent to the bottom 3.824 is possible. A strengthening of the curve is expected upon testing new targets of 3.981.

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