Milan flat, Europe down
(Teleborsa) - On the Old Continent, the major bourses close lower , while Piazza Affari finishes around the flatline. On Wall Street, the S&P-500 continues to trade in positive territory.EUR / USD is essentially stable, finishing at 1.089. Gold is firmly up (+1.65%), trading at 2,462.3 dollars per ounce. Light Sweet Crude Oil slides -1.28% to 80.86 dollars per barrel.
The Spread is broadly on the previous day's level as it settles at +130 basis points, while the Italy ten-year BTP is at +3.71%.
Among the markets of the Old Continent, Frankfurt contracts moderately by -0.39%, London is subdued, shedding -0.22%, and Paris falls just below its previous value.
In Milan, the FTSE MIB is essentially stable, closing at 34,369 points; similarly, the FTSE Italia All-Share (Milan) hovers around previous levels, closing at 36,636 points.
The FTSE Italia Mid Cap closes just above the flatline (+0.38%); the FTSE Italia Star holds the line (-0.11%).
Finecobank (+3.28%), Banca Popolare Sondrio (+2.36%), DiaSorin (+2.26%) and Prysmian (+2.12%) among the top performers in Milan.
ENI sees the heaviest sell-offs, finishing trade -1.59% lower.
Saipem is sluggish, declining marginally (-1.46%).
Amplifon is modestly down, shedding -1.2%.
Brunello Cucinelli drifts -0.94% lower.
D'Amico (+3.12%), Maire (+3.11%), Ferragamo (+2.42%) and Danieli & C (+1.94%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Alerion Clean Power reports the heaviest losses, ending the session -3.16% down.
Investors hurry to sell as Italmobiliare declines -2.53%.
Moltiply Group totters along with a modest -1.33% decline.
A sluggish day for LU-VE Group, which drops -1.13%.
Among the macroeconomic rendez-vous that might have high influence on the markets:
Tuesday, 7/16/2024
6:30 AM Japan: services index, monthly (expected 0.1%; prev. 2.2%)
10:00 AM Italy: consumer price index, monthly (expected 0.1%; prev. 0.2%)
10:00 AM Italy: consumer price index, yearly (expected 0.8%; prev. 0.8%)
11:00 AM Germany: ZEW economic sentiment (expected 41.2 points; prev. 47.5 points)
11:00 AM European Union: Trade balance (expected 18 Bln Euro; prev. 14.2 Bln Euro)
2:30 PM USA: export price index, monthly (expected -0.1%; prev. -0.7%)
2:30 PM USA: retail sales, yearly (prev. 2.6%).
(Teleborsa) 07-16-2024 06:02 PM