European equity in the red. Milan also down
(Teleborsa) - It looks like a gloomy day for Piazza Affari and Europe's other major bourses.EUR / USD broadly maintains the previous session's levels, with a change of only +0.16%. Gold makes timid gains, progressing by +0.26%. Light Sweet Crude Oil enjoys a positive session, gaining +0.94%.
The Spread between the Italian BTP and German Bund yields decreases, settling at +120 basis points, with the 10-year BTP yield at +3.45%.
Among the major European bourses, Frankfurt is modestly down, shedding -0.32%, London drifts -0.29% lower, and Paris totters along with a modest -0.25% decline.
The Milan stock market looks weak, with the FTSE MIB trading -0.45% lower; similarly, the FTSE Italia All-Share is slightly down, trading just below the flatline at 35,448 points.
The FTSE Italia Mid Cap slips a fraction (-0.28%), as the FTSE Italia Star hovers just below the flatline (-0.32%).
MPS Bank (+3.07%), Brunello Cucinelli (+2.21%), Saipem (+2.15%) and Moncler (+1.86%) among the best performing blue chips in Piazza Affari.
Stellantis reports the heaviest losses, currently suffering from a -4.45% down.
Pirelli & C plunges -4.38%.
Interpump Group suffers losses of 1.50%.
A sluggish day for Ferrari, which drops -1.46%.
Digital Value (+2.82%), El.En (+2.68%), Alerion Clean Power (+2.01%) and Ferragamo (+2.00%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Ariston Holding reports the heaviest losses, currently suffering from a -4.99% down.
Investors hurry to sell as MFE B declines -3.22%.
LU-VE Group plunges -2.38% on intense selling.
Investors are selling as MFE A records a -2.24% fall.
Among the most important macroeconomy events:
Tuesday, 11/26/2024
3:00 PM USA: S&P Case-Shiller, yearly (expected 5.1%; prev. 5.2%)
3:00 PM USA: FHFA house price, monthly (expected 0.3%; prev. 0.3%)
4:00 PM USA: new home sales (expected 724K units; prev. 738K units)
4:00 PM USA: consumer confidence, monthly (expected 112 points; prev. 108.7 points)
4:00 PM USA: new home sales, monthly (prev. 4.1%)
Wednesday, 11/27/2024
8:45 AM France: consumer confidence, monthly (prev. 94 points)
2:30 PM USA: gross domestic product, quarterly (prev. 2.8%).
(Teleborsa) 11-26-2024 01:00 PM