Borsa Italiana heads Euro-pack in bullish session
(Teleborsa) - Fresh buying puts Piazza Affari in pole position, while Europe is also up. Meanwhile, the S&P-500 lacks direction on the stars and stripes market.EUR / USD is essentially stable, finishing at 1.075. Gold is slightly up at 2,326.9 dollars per ounce. A slightly better session for Light Sweet Crude Oil, as it advances to 80.95 dollars per barrel.
The Spread retreats to +147 basis points, a decline of 5 BPs, while the Italian BTP 10-year yield is +3.86%.
Among the European markets, Frankfurt is essentially flat, offering a scant +0.18%, London makes fairly pedestrian progress (+0.57%), and Paris looks composed with modest growth of +0.59%.
The Milanese stock exchange enjoys a positive session as the FTSE MIB gains +1.13%; similarly, the FTSE Italia All-Share gains +1.1% over the previous session, trading at 35,473 points.
The FTSE Italia Mid Cap trades positive (+0.74%); similarly, the FTSE Italia Star is trading just above the flatline (+0.34%).
Among Italy's best performing large-caps, Unicredit is in good fettle with a +2.94% increase.
Leonardo is in good shape, advancing +2.75%.
Saipem stands out, progressing +2.67%.
A positive performance for MPS Bank, which advances by a notable +2.49%.
Moncler reports the heaviest losses, currently suffering from a -3.11% down.
Pirelli & C falls just below its previous value.
Amplifon is sluggish, declining marginally (-1.11%).
Brunello Cucinelli is modestly down, shedding -0.66%.
OVS (+3.47%), Maire (+3.38%), Marr (+3.33%) and Technogym (+3.32%) are among Italy's top mid-cap stocks.
MFE B reports the heaviest losses, currently suffering from a -1.98% down.
Cementir drifts -0.9% lower.
Philogen totters along with a modest -0.75% decline.
A sluggish day for MFE A, which drops -0.71%.
Among the most important macroeconomy events:
Tuesday, 6/18/2024
11:00 AM Germany: ZEW economic sentiment (expected 49.6 points; prev. 47.1 points)
11:00 AM European Union: consumer price index, monthly (expected 0.2%; prev. 0.6%)
11:00 AM European Union: consumer price index, yearly (expected 2.6%; prev. 2.4%)
11:00 AM European Union: Prezzi Consumo Ex Tabacco, yearly (prev. 2.3%)
2:30 PM USA: retail sales, monthly (expected 0.3%; prev. -0.2%)
2:30 PM USA: retail sales, yearly (prev. 2.7%)
3:15 PM USA: industrial production, monthly (expected 0.3%; prev. 0%).
(Teleborsa) 06-18-2024 04:00 PM