European bourses hold the line
(Teleborsa) - On the Old Continent, the major stock markets remain wary. Investors also show caution in Milan, where trading ends flat. On the US market, the S&P-500 posts substantial gains.EUR / USD trades down -0.2% in a weak session. Caution prevails as gold continues the session slightly lower (-0.51%). Light Sweet Crude Oil enjoys a positive session, gaining +1.18%.
The Spread is at +107 basis points, near the previous day's level, while the ten-year BTP settles at +3.82%.
Among the European markets, Frankfurt essentially treads water (-0.17%), London goes nowhere, reporting a -0.1% change, and Paris is definitely weaker with a -0.26% decrease.
At close, there is no significant change at the Milan exchange, with the FTSE MIB settling at 38,973 points, near its previous level; similarly, the FTSE Italia All-Share trades flat, closing at 41,233 points.
The FTSE Italia Mid Cap holds the line (-0.11%); similarly, the FTSE Italia Star holds previous levels (+0.17%).
Banca Mediolanum (+2.12%), Telecom Italia (+2.06%), Stellantis (+1.95%) and Stmicroelectronics (+1.91%) among the best performing blue chips in Piazza Affari.
Leonardo has the worst performance, closing -2.35% down.
A2A is firmly in the red, showing a fall of 1.58%.
Campari trades negative, losing -1.58%.
Enel slips just under the flatline with a -1.34% decrease.
Moltiply Group (+4.66%), Technoprobe (+4.37%), Philogen (+2.67%) and Sanlorenzo (+1.77%) are among the big players in the FTSE Italia Mid Cap index.
El.En reports the heaviest losses, ending the session -3.23% down.
Juventus plunges -3.12%.
Ferragamo declines by a notable -2.94%.
Industrie De Nora is struggling, -2.85% down.
Among the macroeconomic variables of high impact:
Monday, 3/24/2025
1:30 AM Japan: manufacturing PMI (expected 49.2 points; prev. 49 points)
10:00 AM European Union: composite PMI (expected 50.8 points; prev. 50.2 points)
10:00 AM European Union: manufacturing PMI (expected 48.3 points; prev. 47.6 points)
10:00 AM European Union: services PMI (expected 51.2 points; prev. 50.6 points)
2:45 PM USA: manufacturing PMI (expected 51.9 points; prev. 52.7 points)
2:45 PM USA: composite PMI (prev. 51.6 points)
2:45 PM USA: services PMI (expected 51.2 points; prev. 51 points).
(Teleborsa) 03-24-2025 06:02 PM
