Milan contains losses
(Teleborsa) - The Milan stock exchange is moderately lower, while the rest of Europe is trading around previous levels.There is no significant change for EUR / USD which, at 1.057, is traded around previous levels. Gold makes timid gains, progressing by +0.67%. Light Sweet Crude Oil trades fractionally lower in this session, shedding -0.61% so far.
The Spread is significantly higher, adding a substantial 6 basis points to reach +123 BPs, while the Italian 10-year BTP yield is at +3.33%.
Among the European indices, Frankfurt is stuck at the previous session's levels, it's a stalemate for London, which is trading around the flatline, and lacklustre Paris registers almost no change against the previous trading session.
The Milan stock market looks weak, with the FTSE MIB trading -0.2% lower, while, instead, the FTSE Italia All-Share is trading flat at 35,379 points.
The FTSE Italia Mid Cap is practically unchanged (+0.14%); the FTSE Italia Star gains marginally (+0.26%).
Amplifon (+0.81%), MPS Bank (+0.69%), Interpump Group (+0.59%) and DiaSorin (+0.52%) among the best performing blue chips in Piazza Affari.
Generali sees the heaviest sell-offs, now trading -1.48% lower.
Digital Value (+4.00%), Ariston Holding (+1.36%), Banco di Desio e della Brianza (+0.69%) and BFF Bank (+0.63%) top the ranks of Milan's mid-caps.
MFE B sees the heaviest sell-offs, now trading -1.09% lower.
Alerion Clean Power is subdued, shedding -0.79%.
Moltiply Group falls just below its previous value.
OVS is sluggish, declining marginally (-0.64%).
Among the macroeconomic rendez-vous that might have high influence on the markets:
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 09:30 AM