Borsa Italiana leads Europe-wide rally
(Teleborsa) - Piazza Affari makes breathtaking gains, but the other European markets are also performing well.EUR / USD makes timid gains, progressing by +0.26%. Gold is slightly up at 2,332.4 dollars per ounce. Light Sweet Crude Oil is slightly up, rising to 81.98 dollars per barrel.
The Spread improves significantly, decreasing -8 basis points to +149 BPs, with the Italian 10Y BTP yield at +4.06%.
Among the European indices, resilient Frankfurt registers a small increase of 0.34%, London advances +0.29%, and Paris impresses with a +1.55% rise.
At the Borsa Italiana in Milan, the FTSE MIB closes firmly higher (+1.57%), reaching 33,675 points, bouncing back after four consecutive downs since last Tuesday; similarly, the FTSE Italia All-Share powers ahead to trade at 35,880 points.
The FTSE Italia Mid Cap trades moderately higher (+0.64%); on the same trend direction, the FTSE Italia Star is only just in the black (+0.34%).
MPS Bank (+5.88%), Bper (+4.62%), Unicredit (+4.03%) and Poste Italiane (+3.03%) among the best performing blue chips in Piazza Affari.
Prysmian reports the heaviest losses, currently suffering from a -1.45% down.
A sluggish day for Amplifon, which drops -1.05%.
DiaSorin trades with a small loss of -0.58%.
Banca Ifis (+4.68%), Fincantieri (+4.19%), OVS (+2.58%) and MutuiOnline (+2.49%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Maire sees the heaviest sell-offs, now trading -2.78% lower.
Philogen shows a negative session -1.96% down.
Tottering El.En dips -1.11%.
Reply is definitely weaker with a -0.87% decrease.
Among the most important macroeconomy events:
Monday, 7/1/2024
2:30 AM Japan: manufacturing PMI (expected 50.1 points; prev. 50.4 points)
3:45 AM China: Caixin manufacturing PMI (expected 51.5 points; prev. 51.7 points)
10:00 AM European Union: manufacturing PMI (expected 45.6 points; prev. 47.3 points)
2:00 PM Germany: consumer price index, monthly (prev. 0.1%)
2:00 PM Germany: consumer price index, yearly (expected 2.3%; prev. 2.4%)
3:45 PM USA: manufacturing PMI (expected 51.7 points; prev. 51.3 points)
4:00 PM USA: manufacturing ISM (expected 49.2 points; prev. 48.7 points).
(Teleborsa) 07-01-2024 01:00 PM