MONTHLY UPDATE OCTOBER 2016

Transcription

1 OCTOBER 2016 EQUITY DAILY TURNOVER AND MAIN INDICES (BASE = ) Equity Turnover eur m FTSE Mib FTSE Italia Star FTSE Italia Mib Storico Aug Sep Oct 900 FTSE Italia Mib Storico FTSE Mib FTSE Italia Star Shares Securitised Derivatives ETF Plus Fixed Income Domestic Foreign MIV (Investment Companies and SPAC) Global Equity Market AIM Italia - MAC Listed Companies Total Warrant MIV Closed End Funds ETF ETC\ETN OICR Open ETF Plus Total Securitised Derivatives Convertibles Bonds Mot - Government Bonds Mot - Bonds Mot - Eurobonds and ABSs MOT Total Extramot Fixed Income Total STOCK INDICES 30 SEP OCT 2016 Var. % Var. % Volatility MoM 2015 end OCT % -16.8% 10.5% % -20.0% 14.8% % -2.6% 7.2% TRADING - DAILY AVERAGE (*) (*) Indicators are related to turnover figures. JAN-OCT 2015 JAN-OCT 2016 OCT 2016 Trades Turnover Trades Turnover Trades Turnover Number eur m Number eur m Number eur m LISTING 30 DEC SEP OCT % 26% 24% 22% 20% 18% 16% 14% FTSE MIB VOLATILITY 12% Aug Sep Oct MOST TRADED SHARES IN THE MONTH Shares Mkt Turnover % TOT Eni % Intesa Sanpaolo % Unicredit % Enel % Fiat Chrysler Automobiles % BEST PERFORMANCES IN THE MONTH Shares Mkt Var. %. Var % MoM 2015 end Banca Intermobiliare 45.2% -28.7% Tas 39.0% 159.1% Esprinet 37.3% -21.0% Digital Bros 34.3% 56.9% Banca Monte Paschi Siena 34.2% -80.1% Performances are computed with no-rounded official prices. Performance is not included for shares not listed at 2015 end or unlimited suspended at October 2016 end

2 CAPITALISATION Domestic Companies Capitalisation (eur m) Capitalisation MIV (Investment Companies e SPAC) AIM Italia - MAC Total Capitalisation (% GDP) Total Capitalisation (% Tot.) FTSE MIB Shares 30 DEC SEP OCT % 27.4% 28.4% 1.9% 1.8% 1.8% 35.2% 27.6% 28.6% 78.7% 78.1% 79.1% Financials 28.2% Consumer Services 2.8% 35.6% Health Care 2.3% 2.8% 14.1% Consumer Goods 15.7% 1.7% 0.9% 2.4% Industrials 14.4% 12.8% 10.2% 15.1% Basic Materials 3.4% Note: internal chart: capitalisation on ; external chart: capitalisation on Oil & Gas 11.9% Technology 0.7% 4.3% Telecommunications 3.7% Utilities 16.8% TRADING SHARES Domestic Foreign MIV Invest. Companies Global Equity Market AIM Italia - MAC Total FTSE MIB Shares % Shares Total JAN-OCT 2015 JAN-OCT 2016 OCT 2016 Trades Turnover Trades Turnover Trades Turnover Number eur m Number eur m Number eur m % 90.1% 78.7% 91.1% 78.6% 91.2% OTHER INSTRUMENTS JAN-OCT 2015 JAN-OCT 2016 OCT 2016 Trades Turnover Trades Turnover Trades Turnover SeDex Warrant MIV Closed End Funds ETF ETC OICR Open ETF Plus Convertible Bonds Subscription rights Mot - Government Bonds Mot - Bonds Mot - Eurobonds and ABSs ExtraMOT Fixed Income Total INDUSTRY/SUPERSECTOR TURNOVER (eur m) Utilities Telecommunications Technology Oil & Gas Industrials Health Care Foreign Utilities Telecommunications Technology Oil & Gas Construction & Materials - Industrial Goods & Services Health Care Foreign Financials Banks - Financial Services Insurance - Real Estate Consumer Services Consumer Goods Basic Materials Media - Retail - Travel & Leisure Basic Resources - Chemicals Automobiles & Parts - Food & Beverage - Personal & Household Goods October

3 NEW LISTINGS RECENT EVENTS ISSUER MKT SHARES TRADING EVENT 1st DAY SPONSOR FIRST DAY CAPITALISATION (NOMAD for AIM Italia) (eur m) SMRE AIM / MAC O IPO Banca Finnat Euramerica Technogym O IPO Mediobanca Coima Res O IPO Mediobanca Industrial Stars of Italy 2 AIM / MAC O IPO UBI Banca Enav O IPO Mediobanca Dominion Hosting Holding AIM / MAC O IPO Advance SIM Solutions Capital Management Sim AIM / MAC O IPO EnVent Capital Markets 4Aim Sicaf AIM / MAC O IPO 6.00 EnVent Capital Markets Vetrya AIM / MAC O IPO Banca Finnat Euramerica Tecnoinvestimenti O Transition from AIM/MAC Intermonte SIM Uniper GEM O Split of E.On.... Te Wind AIM / MAC O Merger 3.34 EnVent Capital Markets Innova Italy 1 AIM / MAC O IPO Banca IMI Starting from July 11th 2016, Global Equity Market (GEM) substitutes -International Segment of market managed and organized by Borsa Italiana, allowing the listing of 30 additional shares: Infineon Technologies, Commerzbank, Adidas, Asml, Continental, Deutsche Post, Deutsche Lufthansa, Deutsche Boerse, Fresenius Medical Care, Henkel VZ, Linde, Thyssenkrupp, Compagnie De Saint-Gobain, Schneider Electric, Vinci, Air Liquide, Airbus Group, Merck, Volkswagen, Anheuser-Busch, Beiersdorf, Essilor International, Unibail-Rodamco, Fresenius, Heidelberg Cement, Prosiebensat1 Media, Vonovia, Evonik Industries, Safran, K+S. NEWLY ADMITTED COMPANIES (THROUGH IPOS, SPOS AND INSTITUTIONAL PLACINGS) Security: DOMINION HOSTING HOLDING Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: Requested shares: Bookbuilding range: - Allotted shares: Placed stake: 29.6% Capital raised (ML euro): from newly issued shares: 4.20 Bloomberg code: Market and segment: AIM Italia - Mercato Alternativo del Capitale Reuters code: Sector:, Security: SOLUTION CAPITAL MANAGEMENT Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: Requested shares: Bookbuilding range: - Allotted shares: Placed stake: 11.0% Capital raised (ML euro): from newly issued shares: 2.22 Bloomberg code: Market and segment: AIM Italia - Mercato Alternativo del Capitale Reuters code: Sector:, Security: 4AIM SICAF Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: Requested shares: Bookbuilding range: - Allotted shares: Placed stake: 100.0% Capital raised (ML euro): from newly issued shares: 6.00 Bloomberg code: Market and segment: AIM Italia - Mercato Alternativo del Capitale Reuters code: Sector:, Security: VETRYA Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: 6.00 Requested shares: Bookbuilding range: - Allotted shares: Placed stake: 11.3% Capital raised (ML euro): from newly issued shares: 3.82 Bloomberg code: Market and segment: AIM Italia - Mercato Alternativo del Capitale Reuters code: Sector:, Security: INNOVA ITALY 1 Total of which Public of which Institutionals Offer period: Offered shares: max min... max Greenshoe: max - - Offer price: Requested shares: Bookbuilding range: - Allotted shares: Placed stake: 100.0% Capital raised (ML euro): from newly issued shares: Bloomberg code: Market and segment: AIM Italia - Mercato Alternativo del Capitale 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. October

4 RIGHT ISSUES N MKT SEG. SECURITIES OPTION RIGHTS TRADING PERIOD OFFER OFFERED ISSUE UNEXERCISED ALLOTTED CAPITAL _ PRICE SHARES RATE PREEMPTIVE SHARES RAISED FROM TO RIGHTS (%) (eur m) 7 - LVENTURE GROUP :20 ord, 11:20 rights 28.1% INVESTIMENTI E SVILUPPO ORD W :1 ord 67.6% AAI INVESTIMENTI E SVILUPPO OCV W :1000 ord 89.7% AAI AIM - TECNOINVESTIMENTI : 50 ord 0.2% AAI AIM - EXPERT SYSTEM : 19 ord 14.5% AIM - VISIBILIA EDITORE : 2 ord 27.4% AIM - GO INTERNET : 100 ord 2.2% AIM - INNOVATEC : 1 ord 42.8% AAI 2.8 The right issues by Italia Independent Group is currently underway SCRIP RIGHT ISSUES N MKT SEG. SECURITIES EFFECTIVE NOMINAL VALUE ISSUED ISSUE VALUE DATE BEFORE AFTER SHARES RATE (eur m) BANCO SANTANDER : SAVE* : AIM-MAC MAILUP : BANCO SANTANDER : (*) Free attribution of treasury shares TOTAL MONEY RAISED (EUR M) _ SECURITIES _ INVESTORS NUMBER NEWLY SOLD MONEY SHARE- PUBLIC EMPLOYEES INSTIT. OTHER ISSUED RAISED HOLDERS INVESTORS a) YEAR CAPITAL INCREASES - of which Star MIV AIM Italia - Mercato Alternativo del Capitale b) YEAR OPVS TOTAL (Excluded Closed-end funds) - of which Star MIV AIM Italia - Mercato Alternativo del Capitale NEW LISTINGS - 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 OWNEDTURNOVER FROM TO (eur) REQUESTED BOUGHT AFTER OFFER (eur m) 1 GGP HOLDING MANDATORY GRUPPO GREEN POWER % HITACHI RAIL ITALY INVESTMENTS MANDATORY ANSALDO STS % MITSUBISHI ELECTRIC CORPORATION MANDATORY DELCLIMA % FONDO TINTORETTO COMP. AKROTERION MANDATORY NOVE RE % HYSTER-YALE CAPITAL HOLDING ITALY MANDATORY BOLZONI % MID BIDCO MANDATORY ENGINEERING % PUBLIMETHOD MANDATORY MP % CAIRO EDITORE VOLUNTARY RCS MEDIA GROUP % PF HOLDING B.V. MANDATORY PININFARINA % DEDALUS MANDATORY NOEMALIFE % HEIDELBERG CEMENT MANDATORY ITALCEMENTI % The mandatory offer on ordinary shares of Alerion CleanPower is currently underway. Notes: AAI Before unexercised preemptive right auction COMP Compendium AEG Before greenshoe I International AIMMA AIM - Mercato Alternativo del Capitale ST Star Segment October

5 IDEM - DERIVATIVES TRADING Standard Contracts INDEX FUTURES INDEX minifutures INDEX OPTIONS STOCK FUTURES STOCK OPTIONS VOLATILITY FTSE Mib Volatility 27.5% % % % % % % % % % 0 Aug Sep Oct 2.5% 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) INDEX MINIFUTURES (6) INDEX OPTIONS STOCK FUTURES (7) SINGLE STOCK DIVIDEND FUTURES STOCK OPTIONS EQUITY DERIVATIVES TOTAL ELECTRICITY FUTURES WHEAT FUTURE IDEM TOTAL 213 YEAR % SEP % OCT % YEAR % SEP % OCT % YEAR % SEP % OCT % YEAR % SEP % OCT % YEAR SEP OCT YEAR % SEP % OCT % YEAR % SEP % OCT % YEAR SEP OCT YEAR SEP OCT YEAR SEP OCT (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) Open positions at the end of period. Net figures for futures, gross figures for options. (5) Includes data for FTSE MIB Dividend Futures. (6) Includes data for FTSE 100 minifutures. (7) Includes data for pan-european stock futures. October

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 Capitalization and in the Domestic Trading figures. There were 21 trading days in October 2016 and 22 trading days in October 2015 on Borsa Italiana. There were 213 trading days in the period January - October 2016 and 213 trading days in the period January - October 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. October 2016 Borsa Italiana S.p.A.. All rights reserved. 3rd November :00 Markets Analysis Piazza degli Affari, Milano T Fax markets_analysis@borsaitaliana.it