Markets of the Old Continent are all positive
(Teleborsa) - A rush of buy orders hits the European stock markets as Piazza Affari closes on the same positive note as the Old Continent bourses.EUR / USD trades down -0.24% in a weak session. Gold trades slightly up at 2,754.1 dollars per ounce. Light Sweet Crude Oil continues to trade sideways, registering a +1.9% change.
The Spread retreats to +120 basis points, a decline of 6 BPs, while the Italian BTP 10-year yield is +3.66%.
Among the European markets, Frankfurt edges higher, showing an increase of 0.34%, a positive result for London, which inches up +0.44%, and Paris is essentially healthy, gaining +0.51%.
The Milanese bourse edges up as the FTSE MIB rises +0.28% to 34,378 points; similarly, the FTSE Italia All-Share crawls up +0.26% to close at 36,476 points.
The FTSE Italia Mid Cap trades sideways (+0.13%); on the same line, the FTSE Italia Star lacks direction (+0.01%).
Saipem (+1.37%), ENI (+0.88%), Intesa Sanpaolo (+0.84%) and Stellantis (+0.84%) among the best performing blue chips in Piazza Affari.
Stmicroelectronics sees the heaviest sell-offs, now trading -2.10% lower.
Amplifon is subdued, shedding -0.82%.
Azimut falls just below its previous value.
Nexi is sluggish, declining marginally (-0.69%).
SOL (+4.92%), Fincantieri (+2.62%), Digital Value (+1.83%) and Juventus (+1.73%) top the ranks of Milan's mid-caps.
Ascopiave reports the heaviest losses, currently suffering from a -1.24% down.
Credem is modestly down, shedding -0.8%.
Banca Generali drifts -0.79% lower.
Ferretti totters along with a modest -0.74% decline.
Among the macroeconomic rendez-vous that might have high influence on the markets:
Friday, 11/1/2024
1:30 AM Japan: manufacturing PMI (expected 49 points; prev. 49.7 points)
2:45 AM China: Caixin manufacturing PMI (expected 49.7 points; prev. 49.3 points)
1:30 PM USA: employment change (expected 111K units; prev. 254K units)
2:30 PM USA: unemployment rate (expected 4.1%; prev. 4.1%)
2:45 PM USA: manufacturing PMI (expected 47.9 points; prev. 47.3 points)
3:00 PM USA: manufacturing ISM (expected 47.5 points; prev. 47.2 points)
Monday, 11/4/2024
10:00 AM European Union: manufacturing PMI (prev. 45 points).
(Teleborsa) 11-01-2024 09:30 AM