Italian stock alert


CLOSING UPDATE: Aedes climbs 5.6% on extraordinary volume 18 January 2018 18:15 CET


This is an end of day Alert, produced after today's Italian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Aedes, Italy's 5th largest real estate company by market capitalisation, traded on heavy volume of 3.6 times average today while the price climbed 2.80c (or 5.6%) to trade at 52.80c. Compared with the FTSE MIB Index which rose 116.1 points (or 0.5%) in the day, this represented a relative price increase of 5.1%.

Technical indicators complementing today's significant uptrend:

+ The positive 0.01 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 2.9% discount to 12-month high of 54.40c against the 77.2% premium to 12-month low of 29.80c suggests the stock continues to push for new highs.

+ The stock has outperformed 93% of the Italian market over the past 6 months.

+ In the last three months the stock has hit a new 52-week high four times, pointing to an uptrend.


Afternoon Alert: Aedes lifts 3.6%, leads Real estate sector higher

18 January 2018 13:07 CET

Aedes S.p.A (MI:AE) has lifted 3.6% to trade at 51.80c vs. the Real estate sector which strengthened 11.9 points (or 0.3%) to 3,788.6. Representing a weighting of about 3.8% of the sector, the stock accounted for 42.5% of today's gain. The shares have outperformed 98% of the market in the past three months. Trading volume was 3.1 times average so far today.

Morning Alert: Aedes climbs 5.2% on strong volume

18 January 2018 11:07 CET

Aedes S.p.A (MI:AE) traded on heavy volume of 3.4 times average so far today while the price climbed 2.60c (or 5.2%) to trade at 52.60c.

Aedes S.p.A (MI:AE; BIT:AE; IM:AE)

ISIN: IT0005065849

PermID: 4295875654