Markets are up, Milan on the sidelines
(Teleborsa) - European bourses are trading on a bullish note, while Milan pauses near previous levels.EUR / USD broadly maintains the previous session's levels, with a change of only +0.05%. Gold climbs to 2,660.1 dollars per ounce, rising +0.71%. Light Sweet Crude Oil trades fractionally lower in this session, shedding -0.72% so far.
The Spread is substantially lower, falling -6 basis points to +111 BPs, with the Italian 10-year BTP yield at +3.3%.
Among the European markets, resilient Frankfurt registers a small increase of 0.42%, London is essentially flat, offering a scant +0.02%, and Paris advances +0.4%.
The Milanese stock exchange sees no significant change with the FTSE MIB settling at 33,287 points, near the previous session's levels; similarly, the FTSE Italia All-Share bounces around the flatline, trading at 35,464 points.
The FTSE Italia Mid Cap holds the line (+0.11%); the FTSE Italia Star inches up +0.42%.
Among Italy's best performing large-caps, MPS Bank edges higher, showing an increase of 1.47%.
A positive result for Amplifon, which inches up +1.02%.
Azimut is essentially healthy, gaining +0.93%.
Interpump Group is modestly up (+0.64%).
Moncler reports the heaviest losses, currently suffering from a -0.94% down.
Mediobanca is definitely weaker with a -0.86% decrease.
Banca Popolare Sondrio slips just under the flatline with a -0.62% decrease.
Generali contracts moderately by -0.59%.
Comer Industries (+2.15%), BFF Bank (+1.94%), Sanlorenzo (+1.47%) and Alerion Clean Power (+1.35%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Moltiply Group has the worst performance, with a -1.80% down.
Investors are selling as Philogen records a -1.56% fall.
Ferretti is subdued, shedding -1.43%.
Digital Value falls just below its previous value.
Among the most relevant macroeconomic data:
Friday, 11/29/2024
12:30 AM Japan: unemployment rate (expected 2.5%; prev. 2.4%)
12:50 AM Japan: retail sales, yearly (expected 2.1%; prev. 0.7%)
12:50 AM Japan: industrial production, monthly (expected 3.8%; prev. 1.6%)
8:00 AM Germany: retail sales, monthly (expected -0.5%; prev. 1.6%)
8:00 AM Germany: retail sales, yearly (expected 3.2%; prev. 3.8%)
8:45 AM France: employment, quarterly (expected -0.1%; prev. 0%)
8:45 AM France: gross domestic product, quarterly (expected 0.4%; prev. 0.2%).
(Teleborsa) 11-29-2024 01:00 PM