All European markets slightly lower
(Teleborsa) - Milan flags in the wake of Europe's major bourses. The stars and stripes market is essentially healthy, with the S&P-500 registering a modest gain of 0.34%.There is no significant change for EUR / USD which, at 1.048, is traded around previous levels. There is no significant change for gold which, at 2,627.4 dollars per ounce, is traded around previous levels. Light Sweet Crude Oil trades with a fractional gain of 0.40%.
The Spread is broadly on the previous day's level as it settles at +125 basis points, while the Italy ten-year BTP is at +3.45%.
Among the European indices, Frankfurt totters along with a modest -0.56% decline, a sluggish day for London, which drops -0.4%, and Paris trades negative, losing -0.87%.
In Piazza Affari, the FTSE MIB drops -0.78% to settle at a closing price of 33,168 points; similarly, the FTSE Italia All-Share loses -0.78%, finishing the session at 35,328 points.
The FTSE Italia Mid Cap declines -0.8%, as the FTSE Italia Star slips a fraction (-0.57%).
Brunello Cucinelli (+1.73%), Generali (+1.58%), Snam (+1.37%) and Saipem (+1.26%) among the top performers in Milan.
Stellantis sees the heaviest sell-offs, finishing trade -4.79% lower.
Pirelli & C reels under sharp sell-offs as it declines -4.58%.
Campari plunges -2.45%.
ENI declines by a notable -2.07%.
Digital Value (+8.16%), El.En (+3.77%), Ferretti (+2.16%) and Alerion Clean Power (+1.54%) top the ranks of Milan's mid-caps.
MFE B sees the heaviest sell-offs, finishing trade -4.16% lower.
MFE A is struggling, -3.01% down.
BFF Bank suffers losses of 2.87%.
Investors hurry to sell as GVS declines -2.49%.
Among the most important macroeconomy events:
Tuesday, 11/26/2024
3:00 PM USA: S&P Case-Shiller, yearly (expected 4.7%; prev. 5.2%)
3:00 PM USA: FHFA house price, monthly (expected 0.3%; prev. 0.4%)
4:00 PM USA: new home sales (expected 725K units; prev. 738K units)
4:00 PM USA: consumer confidence, monthly (expected 111.8 points; prev. 109.6 points)
4:00 PM USA: new home sales, monthly (prev. 7%)
Wednesday, 11/27/2024
8:45 AM France: consumer confidence, monthly (prev. 94 points)
2:30 PM USA: gross domestic product, quarterly (prev. 2.8%).
(Teleborsa) 11-26-2024 06:02 PM