EU bourses are up, Milan flat
(Teleborsa) - The Milan stock exchange is trading flat, but Europe's other bourses are bullish.EUR / USD creeps higher, showing a +0.3% rise. Investors are skittish as gold slides to 2,671.2 dollars per ounce. Investors sell as Light Sweet Crude Oil slides to 70.57 dollars per barrel.
The Spread remains unchanged at +124 basis points, while the Italy ten-year BTP is at +3.48%.
Among the European markets, resilient Frankfurt registers a small increase of 0.44%, London advances +0.35%, and Paris edges higher, showing an increase of 0.60%.
The Milanese stock market is moving sideways, with the FTSE MIB registering a +0.1% change; similarly, the FTSE Italia All-Share (Milan) hovers around previous levels, trading at 35,693 points.
The FTSE Italia Mid Cap inches up +0.28%; on the same trend direction, the FTSE Italia Star is trading just above the flatline (+0.31%).
Banco Bpm (+5.57%), Brunello Cucinelli (+4.21%), Campari (+2.14%) and Stmicroelectronics (+2.05%) among the top performers in Milan.
Unicredit has the worst performance, with a -2.42% down.
MPS Bank is definitely weaker with a -1.42% decrease.
Intesa Sanpaolo slips just under the flatline with a -0.52% decrease.
Lottomatica (+1.44%), Ferretti (+1.31%), Tinexta (+1.30%) and Technoprobe (+1.27%) are among the big players in the FTSE Italia Mid Cap index.
Anima Holding has the worst performance, with a -1.53% down.
Banca Ifis contracts moderately by -1.44%.
MFE B is subdued, shedding -1.18%.
Cembre falls just below its previous value.
Among the most important macroeconomy events:
Monday, 11/25/2024
9:00 AM Spain: producer price index, yearly (prev. -5.2%)
10:00 AM Germany: IFO index (expected 86 points; prev. 86.5 points)
Tuesday, 11/26/2024
2:00 PM USA: FHFA house price, monthly (prev. 0.3%)
3:00 PM USA: S&P Case-Shiller, yearly (prev. 5.2%)
4:00 PM USA: new home sales (prev. 738K units)
4:00 PM USA: consumer confidence, monthly (prev. 108.7 points)
4:00 PM USA: new home sales, monthly (prev. 4.1%).
(Teleborsa) 11-25-2024 09:30 AM