Europe's bourses down as Milan holds firm
(Teleborsa) - Piazza Affari is making decent gains, in sharp contrast to Europe's predominantly negative climate.There is no significant change for EUR / USD which, at 1.094, is traded around previous levels. Gold makes timid gains, progressing by +0.38%. Light Sweet Crude Oil rises +1.54% to 74.37 dollars per barrel.
The Spread remains unchanged at +129 basis points, while the Italy ten-year BTP is at +3.57%.
Among the European markets, Frankfurt is basically unchanged, reporting a scant -0.07% variation, London is modestly down, shedding -0.22%, and Paris drifts -0.24% lower.
The Milanese stock exchange sees no significant change with the FTSE MIB settling at 34,001 points, near the previous session's levels; similarly, the FTSE Italia All-Share is trading on a dull note, at 36,137 points, around the previous day's levels.
The FTSE Italia Mid Cap eases -0.33%; similarly, the FTSE Italia Star slips a fraction (-0.44%).
Among Italy's best performing large-caps, all eyes are on Bper, which rockets +5.11%.
Unipol's +2.29% surge cheers investors.
Banco Bpm forges ahead by +1.77%.
Banca Popolare Sondrio is in positive territory with a +1.74% increase.
Prysmian has the worst performance, with a -1.61% down.
Recordati totters along with a modest -1.33% decline.
A sluggish day for Telecom Italia, which drops -1.25%.
Brunello Cucinelli trades with a small loss of -1.2%.
Moltiply Group (+1.81%), Caltagirone (+1.41%), Maire (+1.33%) and Digital Value (+0.88%) are among Italy's top mid-cap stocks.
Ariston Holding sees the heaviest sell-offs, now trading -2.56% lower.
The Italian Sea Group plunges -2.06% on intense selling.
Investors are selling as El.En records a -2.01% fall.
Marr shows a negative session -1.71% down.
Among the most relevant macroeconomic data:
Thursday, 10/10/2024
1:50 AM Japan: producer price index, monthly (expected -0.3%; prev. -0.2%)
8:00 AM Germany: retail sales, monthly (prev. -1.2%)
8:00 AM Germany: retail sales, yearly (prev. -1.6%)
10:00 AM Italy: industrial production, monthly (expected 0.3%; prev. -1%)
10:00 AM Italy: industrial production, yearly (prev. -3.3%)
2:30 PM USA: consumer price index, yearly (expected 2.3%; prev. 2.5%)
2:30 PM USA: consumer price index, monthly (expected 0.1%; prev. 0.2%).
(Teleborsa) 10-10-2024 01:00 PM