MONTHLY UPDATE MAY 2018

Transcription

1 MONTHLY UPDATE MAY 2018 EQUITY DAILY TURNOVER AND MAIN INDICES (base = ) Equity Turnover eur m FTSE Mib FTSE Italia Star FTSE Italia Mib Storico Mar Apr May 800 STOCK INDICES FTSE MIB VOLATILITY 30 APR MAY 2018 Var. % Var. % Volatility MoM 2017 end MAY 2018 FTSE Italia Mib Storico % -0.4% 17.7% FTSE Mib % -0.3% 20.6% FTSE Italia Star % -1.2% 19.5% FTSE Italia PIR MidCap TR % -3.0% 21.0% FTSE Italia Brands % 8.5% 16.3% TRADING - DAILY AVERAGE JAN-MAY 2017 JAN-MAY 2018 MAY 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 24% 22% 20% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% Mar Apr May MOST TRADED SHARES IN THE MONTH 29 DEC APR MAY 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 Zephyro AIMMA 39.1% 34.5% Securitised Derivatives Wm Capital AIMMA 36.5% -1.6% Convertibles Bonds Tripadvisor BEM 32.5% 22.1% Mot - Government Bonds Pininfarina MTA 30.4% 48.7% Mot - Bonds Eurotech MTA 29.7% 55.2% 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 May 2018 end or at 2017 end.

2 CAPITALISATION Domestic Companies Capitalisation 29 DEC APR MAY 2018 (eur m) MTA Capitalisation of which STAR MIV (Investment Companies e SPAC) AIM Italia - MAC Total Capitalisation (% GDP) MTA 37.1% 39.4% 36.4% of which STAR 2.4% 2.4% 2.3% Total 37.5% 39.8% 36.8% Capitalisation (% Tot.) Consumer Services 2.8% Financials 28.9% 30.5% Consumer Goods 21.0% Health Care 2.4% Industrials 13.6% 2.4% 14.5% 9.1% 0.7% 2.9% 2.9% 2.7% 15.8% 18.5% Utilities 14.5% Basic Materials 3.2% Oil & Gas 10.1% Technology 0.7% Telecommunications 2.9% FTSE MIB Shares 76.9% 78.1% 78.1% Note: internal chart: capitalisation on ; external chart: capitalisation on TRADING SHARES JAN-MAY 2017 JAN-MAY 2018 MAY 2018 Other JAN-MAY 2017 JAN-MAY 2018 MAY 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 72.7% 88.9% 69.6% 87.2% 73.4% 88.6% 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 May

3 RECENT EVENTS NEW LISTINGS ISSUER MKT SHARES FIRST EVENT 1st DAY TRADING DAY CAPITALISATION (eur m) SPONSOR (NOMAD for AIM Italia) Space4 MIV O IPO Intermonte SIM S.p.A. Illa AIM / MAC O IPO EnVent Capital Markets Alp.I AIM / MAC O IPO Equita SIM S.p.A. Spaxs AIM / MAC O IPO Banca IMI S.p.A. Vei 1 AIM / MAC O IPO Banca Akros S.p.A. Life Care Capital AIM / MAC O IPO Equita SIM S.p.A. KolinPharma AIM / MAC O IPO EnVent Capital Markets Ltd. Giglio Group S.p.A. MTA O Transition from AIM to MTA STAR Banca Finnat Euramerica S.p.A. Puma GEM O Admission on Global Equity Market.... Fervi AIM / MAC O IPO Banca Finnat Euramerica S.p.A. Gabelli Value For Italy AIM / MAC O IPO UBI Banca S.p.A. NB Aurora MIV O IPO EPS Equita Pep2 AIM / MAC O Splitting EPS EQUITA PEP Mediobanca - Banca di Credito Finanziario S.p.A. Business combination between EPS ICF Group AIM / MAC O EQUITA PEP and ICF and simultaneous Mediobanca - Banca di Credito Finanziario change of EPS EQUITA PEP name in S.p.A. ICF GROUP Somec AIM / MAC O IPO Advance SIM S.p.A. Archimede AIM / MAC O IPO Banca Finnat Euramerica S.p.A. NEWLY ADMITTED COMPANIES (THROUGH IPOS, SPOS AND INSTITUTIONAL PLACINGS) Security: FERVI 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: 20.0% Capital raised (ML euro): from newly issued shares: 7.75 Bloomberg code: Market and segment: AIM ITALIA/MERCATO ALTERNATIVO DEL CAPITALE - Reuters code: Sector:, Security: GABELLI VALUE FOR ITALY 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: Bloomberg code: Market and segment: AIM ITALIA/MERCATO ALTERNATIVO DEL CAPITALE - Reuters code: Sector:, Security: NB AURORA 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: Bloomberg code: Market and segment: MIV - Reuters code: Sector:, Security: SOMEC 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: 22.5% Capital raised (ML euro): from newly issued shares: Bloomberg code: Market and segment: AIM ITALIA/MERCATO ALTERNATIVO DEL CAPITALE - Reuters code: Sector:, Security: ARCHIMEDE 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: 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. MONTHLY UPDATE May

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% The right issues by A.S. ROMA is currently underway 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) SOFIL S.a.s. VOLUNTARY PARMALAT % LEM S.p.A. MANDATORY ALBA % 1.85 TIME FOR TICKET S.r.l MANDATORY BEST UNION COMPANY % 2.52 ITALMOBILIARE S.p.A. VOLUNTARY ITALMOBILIARE % H-FARM S.p.A VOLUNTARY H-FARM % 1.81 B.F. HOLDING S.p.A. VOLUNTARY BONIFICHE FERRARESI % 2.13 DOUBLE 2 S.p.A. VOLUNTARY TBS GROUP % CHIARA FINANZIARIA S.R.L. VOLUNTARY CALTAGIRONE EDITORE % 0.00 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 % The mandatory offers on ordinary shares of Banca Intermobiliare and Best Union Company underway 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 May

5 IDEM - DERIVATIVES TRADING Standard Contracts INDEX FUTURES INDEX minifutures INDEX OPTIONS STOCK FUTURES STOCK OPTIONS VOLATILITY FTSE Mib Volatility 24.0% % % % % % % % % % % % 0 Mar Apr May 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) 105 TOT % APR % MAY % INDEX minifutures 105 TOT % APR % MAY % INDEX OPTIONS 105 TOT % APR % MAY % STOCK FUTURES (6) 105 TOT % APR % MAY % SINGLE STOCK DIVIDEND FUTURES 105 TOT APR MAY STOCK OPTIONS 105 TOT % APR % MAY % EQUITY DERIVATIVES TOTAL 105 TOT % APR % MAY % ELECTRICITY FUTURES 105 TOT APR MAY WHEAT FUTURE 105 TOT APR MAY IDEM TOTAL 105 TOT APR MAY (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 pan-european stock futures. MONTHLY UPDATE May

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 22 trading days in May 2018 and 22 trading days in May 2017 on Borsa Italiana. There were 105 trading days in the period January - May 2018 and 105 trading days in the period January - May 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. May 2018 Borsa Italiana S.p.A. All rights reserved. 5th June :30 Markets Analysis Piazza degli Affari, Milano T Fax markets_analysis@borsaitaliana.it