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European shares flat to higher ahead of Nvidia results
Frankfurt's DAX up 0.67%, Milan's FTSE MIB up 0.18% (Il Sole 24 Ore Radiocor) - Milan , 28 Aug - European share prices were little changed to higher at mid-session as investors globally looked ahead to the release of earnings from AI giant Nvidia after the close of the New York trading day.
On the European data front, French consumer confidence rose to 92 in August from 91 in July but remained below the long-term average of 100, according to data released by the statistics office Insee this morning.
In Italy, seasonally adjusted industrial sales in June 2024 increased by 0.1% compared to the previous month while volumes were down 0.7%, data from statistics institute Istat showed. Compared to the year earlier, calendar adjusted Italian industrial sales in June 2024 fell by 3.7% in value terms and were down 3.3% in volumes.
According to data released by the European Central Bank, in July 2024 the annual growth rate of the eurozone's broad monetary aggregate M3 was 2.3%, unchanged from June At 1035 GMT, London's FTSE 100 was down 0.10% at 8,336.77 points while in Frankfurt the DAX was up 0.67% at 18,822.95 points and in Paris the CAC 40 added 0.42% to 7,597.79 points. Milan's FTSE MIB gained 0.18% to 33,839.00 points while in Madrid the IBEX 35 was 0.10% lower at 11,316.90 points.
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(RADIOCOR) 28-08-24 12:45:51 (0280) 5 NNNN