MONTHLY UPDATE SEPTEMBER 2018

Transcription

1 MONTHLY UPDATE SEPTEMBER 2018 EQUITY DAILY TURNOVER AND MAIN INDICES (base = ) Equity Turnover eur m FTSE Mib FTSE Italia Star FTSE Italia Mib Storico Jul Aug Sep 800 STOCK INDICES FTSE MIB VOLATILITY 31 AUG SEP 2018 Var. % Var. % Volatility MoM 2017 end SEP 2018 FTSE Italia Mib Storico % -4.0% 13.5% FTSE Mib % -5.2% 19.1% FTSE Italia Star % 1.6% 9.2% FTSE Italia PIR MidCap TR % -2.1% 10.8% FTSE Italia Brands % 2.6% 12.6% TRADING - DAILY AVERAGE JAN-SEP 2017 JAN-SEP 2018 SEP 2018 Trades Turnover Trades Turnover Trades Turnover (*) Number eur m Number eur m Number eur m Shares Securitised Derivatives ETF Plus Fixed Income (*) Indicators are related to turnover figures. LISTING 22% 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% Jul Aug Sep MOST TRADED SHARES IN THE MONTH 29 DEC AUG SEP 2018 Shares Mkt Turnover % TOT MTA Domestic eur m of which STAR Intesa Sanpaolo MTA % MTA Foreign Unicredit MTA % of which STAR Eni MTA % MIV (Investment Companies and SPAC) Enel MTA % Global Equity Market Fiat Chrysler Automobiles MTA % AIM Italia - MAC Listed Companies Total Warrant BEST PERFORMANCES IN THE MONTH MIV Closed End Funds ETF Shares Mkt Var. %. Var % ETC\ETN MoM 2017 end OICR Open ETF Plus Total Eurotech MTA 54.6% 174.1% Securitised Derivatives Chl MTA 42.0% -14.7% Convertibles Bonds Portobello AIMMA 32.7% Mot - Government Bonds Zucchi Rsp MTA 32.0% -3.8% Mot - Bonds Bialetti Industrie MTA 31.4% -25.0% Mot - Eurobonds and ABSs MOT Total Performances are computed with no-rounded official prices. Extramot Performance is not included for shares not listed at 2017 end or Fixed Income Total unlimited suspended at September 2018 end or at 2017 end.

2 CAPITALISATION Domestic Companies Capitalisation 29 DEC AUG SEP 2018 (eur m) MTA Capitalisation of which STAR MIV (Investment Companies e SPAC) AIM Italia - MAC Total Capitalisation (% GDP) MTA 37.1% 34.6% 35.3% of which STAR 2.4% 2.4% 2.4% Total 37.5% 35.0% 35.7% Capitalisation (% Tot.) FTSE MIB Shares 76.9% 77.8% 78.2% Note: internal chart: capitalisation on ; external chart: capitalisation on TRADING SHARES JAN-SEP 2017 JAN-SEP 2018 SEPTEMBER 2018 Other JAN- SEP 2017 JAN-SEP 2018 SEPTEMBER 2018 Trades Turnover Trades Turnover Trades Turnover Instruments Trades Turnover Trades Turnover Trades Turnover Number eur m Number eur m Number eur m Number eur m Number eur m Number eur m MTA Domestic SeDex of which STAR Warrant MIV Closed End Funds MTA Foreign ETF of which STAR ETC OICR Open MIV Invest. Companies ETF Plus Global Equity Market Convertible Bonds AIM Italia - MAC Subscription rights Mot - Government Bonds Total Mot - Bonds Mot - Eurobonds and ABSs FTSE MIB Shares ExtraMOT % Shares Total 71.8% 88.7% 72.3% 88.5% 73.4% 88.4% Fixed Income Total INDUSTRY/SUPERSECTOR TURNOVER (eur m) Utilities Telecommunications Technology Oil & Gas Construction & Materials - Industrial Goods & Services Health Care Foreign Media - Retail - Travel & Leisure Banks - Financial Services Insurance - Real Estate Automobiles & Parts - Food & Beverage - Personal & Household Goods Basic Resources - Chemicals MONTHLY UPDATE September

3 RECENT EVENTS NEW LISTINGS ISSUER MKT SHARES FIRST EVENT 1st DAY TRADING DAY CAPITALISATION (eur m) SPONSOR (NOMAD for AIM Italia) Triboo MTA O Transition from AIM to MTA Banca IMI S.p.A. Longino&Cardenal AIM / MAC O IPO Integrae SIM S.p.A. Esautomotion AIM / MAC O IPO BPER Banca Askoll Eva AIM / MAC O IPO Banca Finnat Euramerica S.p.A. Monnalisa AIM / MAC O IPO CFO SIM S.p.A. Portobello AIM / MAC O IPO Integrae SIM S.p.A. Intred AIM / MAC O IPO Integrae SIM S.p.A. SG Company AIM / MAC O IPO Advance SIM S.p.A. Business combination between CFT AIM / MAC O GLENALTA and CFT and simultaneous CFO SIM S.p.A. change of GLENALTA name in CFT Sostravel.Com AIM / MAC O IPO Banca Finnat Euramerica S.p.A. Thespac AIM / MAC O IPO Vimi Fasteners AIM / MAC O IPO Sciuker Frames AIM / MAC O IPO Business combination between SPACE4 and GUALA CLOSURES, simultaneous Guala Closures MTA O change of SPACE4 name in GUALA CLOSURES and transition from MIV to MTA STAR Renergetica AIM / MAC O IPO Piteco MTA O Transition from AIM to MTA Banca IMI S.p.A. BPER Banca S.p.A. Advance SIM S.p.A. Intermonte SIM S.p.A. Integrae SIM S.p.A. Advance SIM S.p.A. and Banca Akros S.p.A. NEWLY ADMITTED COMPANIES (THROUGH IPOS, SPOS AND INSTITUTIONAL PLACINGS) Security: SOSTRAVEL.COM Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: 5.60 Requested shares: Bookbuilding range: - Allotted shares: Minimum lot: - of which greenshoe: Placed stake: 15.7% Capital raised (ML euro): from newly issued shares: 5.23 Reuters code: Sector:, Security: THESPAC Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: Requested shares: Bookbuilding range: - Allotted shares: Minimum lot: - of which greenshoe: Placed stake: 100.0% Capital raised (ML euro): from newly issued shares: Reuters code: Sector:, Security: VIMI FASTENERS Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max Offer price: 3.40 Requested shares: Bookbuilding range: - Allotted shares: Minimum lot: - of which greenshoe: Placed stake: 24.9% Capital raised (ML euro): from newly issued shares: Reuters code: Sector:, Security: SCIUKER FRAMES Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: 1.40 Requested shares: Bookbuilding range: - Allotted shares: Minimum lot: - of which greenshoe: Placed stake: 29.4% Capital raised (ML euro): from newly issued shares: 4.50 Reuters code: Sector:, Security: RENERGETICA Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: 1.50 Requested shares: Bookbuilding range: - Allotted shares: Minimum lot: - of which greenshoe: Placed stake: 18.4% Capital raised (ML euro): from newly issued shares: 2.03 Reuters code: Sector:, Note: The column "Total includes, in addition to public and institutional tranches, also prospective offers reserved to other investors (family & friends etc.). Allotted shares figure doesn't include overallotted shares until the greenshoe option is possibly execised. MONTHLY UPDATE September

4 RIGHT ISSUES N MKT SECURITIES OPTION RIGHTS TRADING PERIOD OFFER OFFERED ISSUE UNEXERCISED ALLOTTED CAPITAL PRICE SHARES RATE PREEMPTIVE SHARES RAISED FROM TO RIGHTS (%) (eur m) 1 MTA INDUSTRIA E INNOVAZIONE ORD :5 ord 10.8% MTA CREDITO VALTELLINESE ORD :1 ord 16.9% AIM-MAC PRISMI ORD ord / 8 ord, 150 ord / 1 ocv 35.6% AAI 3.2 AIM-MAC PRISMI WAR : 1 nuove az 35.6% AAI - 4 MTA ANIMA HOLDING ORD :30 ord 1.0% MTA IGD ORD :14 ord 2.0% AIM-MAC BOMI ITALIA ORD ord / 10 ord, 100 ord / 1 ocv 2.6% MTA ROMA ORD :3 ord 13.7% AIM-MAC ENERTRONICA ORD ord / 7 ord, 926 ord / 1 ocv 73.2% AAI AIM-MAC ITALIA INDEPENDENT ORD ord / 31 ord 22.8% MTA K.R.ENERGY ORD ord +17W :5 ord 64.9% K.R.ENERGY WAR : 1 nuove az 64.9% MTA PRYSMIAN ORD ord / 15 ord, 1166 ord / 3 ocv 2.2% AIM-MAC INNOVATEC ORD :20 ord 70.2% MTA ACOTEL GROUP ORD :5 ord 49.2% MTA PIERREL ORD :1 ord 50.3% AIM-MAC KI GROUP ORD ord / 10 ord 54.5% AAI 0.5 SCRIP RIGHT ISSUES N MKT SECURITIES EFFECTIVE NOMINAL VALUE ISSUE SHARES SHARES VALUE DATE BEFORE AFTER RATE OFFERED AFTER THE (eur m) (number) ISSUE 1 MTA TAS : TOTAL MONEY RAISED (eur m) SECURITIES INVESTORS NUMBER NEWLY SOLD MONEY SHARE- PUBLIC EMPLOYEES INSTIT. OTHER ISSUED RAISED HOLDERS INVESTORS a) YEAR CAPITAL INCREASES MTA of which Star MIV AIM Italia - Mercato Alternativo del Capitale b) YEAR OPVS TOTAL(Excluded Closed-end funds) MTA of which Star MIV AIM Italia - Mercato Alternativo del Capitale NEW LISTINGS MTA of which Star MIV AIM Italia - Mercato Alternativo del Capitale YEAR MONEY RAISED (a+b) TAKEOVER BIDS N BIDDER OFFER TYPE TARGET SHARES OFFER PERIOD PRICE SHARES STAKE OWNED TURNOVER FROM TO (eur) REQUESTED BOUGHT AFTER OFFER (eur m) AGORA' INVESTIMENTI S.P.A. MANDATORY SAVE % i FIBER S.p.A. MANDATORY MC-LINK % 2.79 FRI EL GREEN POWER VOLUNTARY ALERION CLEAN POWER % EDISON S.p.A. MANDATORY FRENDY ENERGY % 4.27 HRD Italia S.r.l. MANDATORY GEQUITY % 0.00 INDUSTRIA 4.0 S.r.l. VOLUNTARY TECH-VALUE % 2.38 INDUSTRIA 4.0 S.r.l. VOLUNTARY WARR TECH-VALUE % DALI ITALY BIDCO S.p.A. MANDATORY DADA % LAVAREDO S.p.A. MANDATORY PRELIOS % QUARANTACINQUE S.P.A. VOLUNTARY CAD IT % CO.STAMP S.r.l. VOLUNTARY MODELLERIA BRAMBILLA % RLG Italia Holding S.p.A VOLUNTARY YOOX NET-A-PORTER GROUP % TIME FOR TICKET S.r.l MANDATORY BEST UNION COMPANY % TRINITY INVESTMENTS DESIGNATED ACTIVITY COMPANY MANDATORY BANCA INTERMOBILIARE % FIRST CAPITAL S.p.A. VOLUNTARY FIRST CAPITAL S.p.A % PLUTO (ITALIA) S.p.A. VOLUNTARY SNAITECH % VITTORIA CAPITAL S.p.A VOLUNTARY VITTORIA ASSICURAZIONI % A2A S.p.A. MANDATORY ACSM-AGAM % ORIZZONTI HOLDING S.p.A. MANDATORY SOFTEC % ORIZZONTI HOLDING S.p.A. MANDATORY FULLSIX % 4.66 NOTE: The mandatory offer on ordinary shares of Zephyro S.p.A., EI Towers S.p.A., Mittel S.p.A. are currently underway. OPA ACSM-AGAM offer periof between ; re-opening from to Notes: AAI Before unexercised preemptive right auction COMP Compendium AEG Before greenshoe MTAI MTA International AIMMA AIM - Mercato Alternativo del Capitale ST Star Segment MONTHLY UPDATE September

5 IDEM - DERIVATIVES TRADING Standard Contracts INDEX FUTURES INDEX minifutures INDEX OPTIONS STOCK FUTURES STOCK OPTIONS VOLATILITY FTSE Mib Volatility 26.0% % % % % % % % % % % % % 0 Jul Aug Sep 0.0% TURNOVER (1) OPEN DAYS MONTH TOTAL DAILY AVERAGE INTEREST (4) STANDARD TRADES TURNOVER OTHER % TOT STANDARD TRADES TURNOVER NUMBER OF CONTRACTS NUMBER eur m (2) SHARES (3) CONTRACTS NUMBER eur m CONTRACTS INDEX FUTURES (5) 190 TOT % AUG % SEP % INDEX minifutures 190 TOT % AUG % SEP % INDEX OPTIONS 190 TOT % AUG % SEP % STOCK FUTURES (6) 190 TOT % AUG % SEP % SINGLE STOCK DIVIDEND FUTURES 190 TOT AUG SEP STOCK OPTIONS 190 TOT % AUG % SEP % EQUITY DERIVATIVES TOTAL 190 TOT % AUG % SEP % ELECTRICITY FUTURES 190 TOT AUG SEP WHEAT FUTURE 190 TOT AUG SEP IDEM TOTAL 190 TOT AUG SEP (1) The notional turnover is computed as the product of contracts number, price and index multiplier for index futures; contracts number, price and size multiplier for stock futures; contracts number, strike prices and index multiplier for index options; contracts number, strike prices and sizes for stock options. (2) Premium in euro million for options and equity derivatives total; traded MWH for electricity future, tons for wheat future. (3) As percentage on shares turnover (total shares for Index derivatives and Idem total; shares with underlying listed on Borsa Italiana for stock futures and stock options). (4) Gross figures for Open positions at the end of period. (5) Includes data for FTSE MIB Dividend Futures and for FTSE PIR MID CAP Futures. (6) Includes data for pan-european stock futures. MONTHLY UPDATE September

6 Additional Information: This publication uses only electronic trading data (daily and after hours sessions); trades that are reported to Borsa Italiana under its rules but executed away from its electronic order books are not included. Shares of foreign companies, which are exclusively listed on Borsa Italiana and on no other European Exchange, are considered Domestic Companies, included in the Domestic Capitalisation and in the Domestic Trading figures. There were 20 trading days in September 2018 and 21 trading days in September 2017 on Borsa Italiana. There were 190 trading days in the period January - September 2018 and 191 trading days in the period January - September This document contains text, data, graphics, photographs, illustrations, artwork, names, logos, trade marks, service marks and information ("Information") connected with Borsa Italiana S.p.A. ("Borsa Italiana"). All reasonable efforts have been made to ensure that the Information in this document was correct at the time of publication. However, Borsa Italiana Spa accepts no liability for decisions taken, or systems-related or other work carried out by any party based on this document. The publication of this document does not represent solicitation, by Borsa Italiana, of public saving and is not to be considered as a recommendation by Borsa Italiana as to the suitability of the investment, if any, herein described. September 2018 Borsa Italiana S.p.A. All rights reserved. 4th October :00 Markets Analysis Piazza degli Affari, Milano T Fax markets_analysis@borsaitaliana.it