All European markets slightly lower
(Teleborsa) - Milan flags in the wake of Europe's major bourses. Meanwhile, on the New York Stock Exchange the S&P-500 is up +0.81%.EUR / USD advances with a fractional gain of +0.26%. Gold is trading at previous levels, with a variation of -0.11%. Light Sweet Crude Oil enjoys a positive session, gaining +1.45%.
The Spread remains unchanged at +124 basis points, while the Italy ten-year BTP is at +3.67%.
Among the European indices, Frankfurt records a fairly pedestrian increase of +0.3%, London lacks momentum, trading with a -0.14% change, and Paris is only just in the black as it climbs a scant +0.22%.
The Milanese stock market has a weak session, with the FTSE MIB closing -0.4% down; similarly, the FTSE Italia All-Share finishes below the flatline, at 36,487 points.
The FTSE Italia Mid Cap is moderately up (+0.27%); the FTSE Italia Star holds previous levels (+0.06%).
Leonardo (+3.72%), Banca Popolare Sondrio (+2.71%), Interpump Group (+1.81%) and Banco Bpm (+1.69%) among the best performing blue chips in Piazza Affari.
Ferrari sees the heaviest sell-offs, finishing trade -7.06% lower.
Moncler shows a negative session -1.71% down.
ERG trades with a small loss of -1.46%.
Tottering Azimut dips -1.19%.
Buzzi (+6.54%), Ferretti (+3.76%), Lottomatica (+3.39%) and Technoprobe (+3.06%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Tinexta sees the heaviest sell-offs, finishing trade -7.03% lower.
An ugly performance for Zignago Vetro, which registers a -4.21% loss.
Troubled Safilo falls -2.34%.
BFF Bank is down, with a net loss of 2.13%.
Among the macroeconomic variables of high impact:
Tuesday, 11/5/2024
2:45 AM China: Caixin services PMI (expected 50.5 points; prev. 50.3 points)
8:45 AM France: industrial production, monthly (expected -0.5%; prev. 1.1%)
2:30 PM USA: Trade balance (expected -83.8 Bln $; prev. -70.8 Bln $)
3:45 PM USA: composite PMI (expected 54.3 points; prev. 54 points)
3:45 PM USA: services PMI (expected 55.3 points; prev. 55.2 points)
4:00 PM USA: non manufacturing ISM (expected 53.8 points; prev. 54.9 points)
Wednesday, 11/6/2024
10:00 AM European Union: services PMI (expected 51.2 points; prev. 51.4 points).
(Teleborsa) 11-05-2024 06:02 PM