Positive for the first semester Italian stock market for performance and volumes. They are results AMF Italia – Association of Financial Market Intermediaries presented the traditional analysis of half-yearly data on transactions carried out by its partners.
Stock market
But let’s start with stocks. Il Ftse MIB: January-June increased by 9.23% compared to the end of 2023, reaching 33,154, from a peak of 35,410 registered in the first half of May, close to the European elections. A minus sign for the FTSE Italia Star, which instead fell slightly (-0.71%) to settle at 47,474. The fall in FTSE Italia Growth was more pronounced, falling 2.29% to settle at 8,115.
A positive trend one i: volumes sold (+18.47%) and in number completed activities (+12.99%), in the first six months of the year on the domestic market of Euronext Milan. These parameters are also in place fall for Euronext Growth Milan marketWith -11.02% of trade values and -0.36% of completed transactions.
Bond market
The first half was definitely off to a positive start for fixed income markets as well, which saw the first rate cut; European Central Bank in June.
The numbers confirm the recovery of investors’ interest in the corporate bond and government bond market. In particular: DomesticMOT +17.87%, EuroMOT +83.62%, Euronext Access Milan +52.26% of sold volumes.
Moving on to the analysis of the market shares of intermediaries related to transactions, it turns out that in the category: Operationswe note the first position of Finecobank, market share 26.52%; second Intesa Sanpaolowith a share of 15.56%, followed by Bank Akros with a share of 10.01%.
In the rating according to the number of actions, the same chair is confirmed. Finecobank shows a market share of 22.78%, Intesa Sanpaolo from 18.46% Bank Akros by 9.68%.
From the bond rating, which was developed by aggregating the volumes traded on behalf of third parties by associate brokers at DomesticMOT, EuroMOT, Euronext Access Milan, EuroTLX and VORVEL, it is highlighted: First position of Intesa Sanpaolomarket share of 27.32% follows da Banca Akros with a 21.78% share of the market and in the third place. Finecobank the market share is 10.75%.
The same result of ranking by the number of actions. Intesa Sanpaolo highlights the market share of 30.41%, Bank Akros by 17.63% Finecobank by 12.65%.