Milan contains losses
(Teleborsa) - The Milan stock exchange is moderately lower, while the rest of Europe is trading around previous levels.EUR / USD trades down -0.24% in a weak session. Gold is up +0.86% at 2,671.8 dollars per ounce. Crude oil rises in an upbeat session, with Light Sweet Crude Oil gaining as much as +2.08%.
The Spread retraces its steps, dipping -1.63% to +121 basis points, while the Italy 10-year BTP yield is at +3.58%.
Among the major European bourses, Frankfurt advances +0.23%, London edges higher, showing an increase of 0.32%, and Paris slips just under the flatline with a -0.23% decrease.
The Milanese stock exchange is trading just below the flatline (-0.2%); similarly, the FTSE Italia All-Share is slightly down, trading just below the flatline at 35,297 points.
The FTSE Italia Mid Cap is slightly lower (-0.52%); on the same trend direction, the FTSE Italia Star eases -0.58%.
Leonardo (+1.08%), A2A (+0.97%), Saipem (+0.90%) and Unipol (+0.78%) top the ranks of Milan's large-caps.
Nexi sees the heaviest sell-offs, now trading -3.25% lower.
Troubled Moncler falls -2.33%.
Telecom Italia contracts moderately by -1.45%.
Banca Popolare Sondrio is subdued, shedding -1.09%.
MFE B (+3.37%), MFE A (+2.99%), Acea (+1.52%) and CIR (+1.17%) are among Italy's top mid-cap stocks.
OVS has the worst performance, with a -5.90% down.
Carel Industries is down, with a net loss of 3.76%.
Technogym is firmly in the red, showing a fall of 3.17%.
Ferragamo trades negative, losing -2.79%.
Among the most relevant macroeconomic data:
Thursday, 11/21/2024
2:30 PM USA: Philly FED manufacturing activity index (expected 6.3 points; prev. 10.3 points)
2:30 PM USA: initial jobless claims, weekly (expected 220K units; prev. 217K units)
4:00 PM European Union: consumer confidence (expected -12 points; prev. -12.5 points)
4:00 PM USA: leading indicator, monthly (expected -0.3%; prev. -0.5%)
4:00 PM USA: existing home sales, monthly (prev. -1%)
4:00 PM USA: existing home sales (expected 3.94 Mln units; prev. 3.84 Mln units)
Friday, 11/22/2024
12:30 AM Japan: consumer price index, yearly (prev. 2.5%).
(Teleborsa) 11-21-2024 01:00 PM