Milan contains losses
(Teleborsa) - The Milan stock exchange is moderately lower, while the rest of Europe is trading around previous levels.EUR / USD climbs a tad to 1.048. Gold loses a lot of ground, retracing by -0.75% to trade at 2,688.6 dollars per ounce. Light Sweet Crude Oil meanders around the flatline, settling at 71.2 dollars per barrel.
The Spread remains unchanged at +123 basis points, while the Italy ten-year BTP is at +3.52%.
Among the markets of the Old Continent, Frankfurt trades firm at +0.15%, London trades largely sideways, and Paris reports no significant price changes in the absence of fresh cues.
The Milanese stock exchange is trading just below the flatline (-0.57%); similarly, the FTSE Italia All-Share comes under sell-off pressure as it retreats to 35,468 points.
The FTSE Italia Mid Cap holds the line (+0.14%); the FTSE Italia Star is only just in the black (+0.25%).
Among Italy's best performing large-caps, Banco Bpm's +2.71% surge cheers investors.
Tenaris forges ahead by +2.07%.
Stmicroelectronics is in positive territory with a +2.03% increase.
ERG attracts bids with a +1.92% rise.
Unicredit sees the heaviest sell-offs, now trading -4.70% lower.
MPS Bank is firmly in the red, showing a fall of 2.73%.
Intesa Sanpaolo trades negative, losing -1.53%.
Bper plunges -1.51%.
Lottomatica (+2.00%), Technogym (+1.89%), Carel Industries (+1.76%) and LU-VE Group (+1.69%) top the ranks of Milan's mid-caps.
Banca Ifis sees the heaviest sell-offs, now trading -2.69% lower.
Comer Industries declines by a notable -2.37%.
D'Amico is struggling, -1.65% down.
El.En suffers losses of 1.64%.
Among the macroeconomic variables of high impact:
Monday, 11/25/2024
9:00 AM Spain: producer price index, yearly (prev. -5.2%)
10:00 AM Germany: IFO index (expected 86.1 points; prev. 86.5 points)
Tuesday, 11/26/2024
2:00 PM USA: FHFA house price, monthly (prev. 0.3%)
3:00 PM USA: S&P Case-Shiller, yearly (prev. 5.2%)
4:00 PM USA: new home sales (prev. 738K units)
4:00 PM USA: consumer confidence, monthly (prev. 108.7 points)
4:00 PM USA: new home sales, monthly (prev. 4.1%).
(Teleborsa) 11-25-2024 01:00 PM