Europe in good shape. Piazza Affari out of line
(Teleborsa) - Stock markets on the Old Continent witness a lively trading session, closing with fractional gains. Milan lacks the buying impetus seen elsewhere in Europe and falls behind.EUR / USD climbs a tad to 1.105. Gold makes timid gains, progressing by +0.23%. Light Sweet Crude Oil rises +2.16% to 67.17 dollars per barrel.
The Spread slips to +138 basis points, down -2 BPs, while the Italy 10Y BTP yield stands at +3.48%.
Among the major European bourses, resilient Frankfurt registers a small increase of 0.39%, stagnant London trades to a near stalemate, and Paris advances +0.31%.
In Milan, the FTSE MIB is largely stable, trading at 33,252 points; similarly, the FTSE Italia All-Share bounces around the flatline, trading at 35,352 points.
The FTSE Italia Mid Cap trades sideways (+0.13%); the FTSE Italia Star inches up +0.2%.
Among Italy's best performing large-caps, a positive performance for Italgas, which advances by a notable +2.04%.
Saipem's +2.03% surge cheers investors.
Unipol forges ahead by +1.9%.
ERG is in positive territory with a +1.77% increase.
Banco Bpm has the worst performance, with a -1.85% down.
Mediobanca declines by a notable -1.84%.
Tottering Enel dips -0.9%.
Amplifon is definitely weaker with a -0.86% decrease.
Industrie De Nora (+6.34%), Ariston Holding (+2.76%), Alerion Clean Power (+2.46%) and Ferragamo (+1.92%) are among the big players in the FTSE Italia Mid Cap index.
Philogen has the worst performance, with a -1.47% down.
Buzzi slips just under the flatline with a -1.45% decrease.
MFE A contracts moderately by -1.2%.
Fincantieri is subdued, shedding -0.8%.
Among the most important macroeconomy events:
Wednesday, 9/11/2024
8:00 AM United Kingdom: industrial production, yearly (expected -0.2%; prev. -1.4%)
2:30 PM USA: consumer price index, monthly (expected 0.2%; prev. 0.2%)
2:30 PM USA: consumer price index, yearly (expected 2.6%; prev. 2.9%)
4:30 PM USA: crude oil stocks change, weekly (prev. -6.87 Mln barrels)
Thursday, 9/12/2024
1:50 AM Japan: producer price index, monthly (expected 0%; prev. 0.3%)
9:00 AM Spain: consumer price index, yearly (expected 2.2%; prev. 2.8%)
9:00 AM Spain: consumer price index, monthly (expected 0%; prev. -0.5%).
(Teleborsa) 11-09-2024 13:00