Milan treads water
(Teleborsa) - The Italian stock market remains unchanged , while Europe's major bourses slide.EUR / USD is essentially stable at previous levels, finishing at 1.091. Gold holds its position at 2,465.7 dollars per ounce. Light Sweet Crude Oil is largely stable at 80.88 dollars per barrel.
The Spread is at +129 basis points, near the previous day's level, while the ten-year BTP settles at +3.69%.
Among the markets of the Old Continent, Frankfurt lacks momentum, trading with a +0.07% change, London is essentially flat, offering a scant -0.06%, and Paris essentially treads water (+0.12%).
The Milan stock exchange takes a breather, with the FTSE MIB trading at 34,384 points; similarly, the FTSE Italia All-Share is trading on a dull note, at 36,663 points, around the previous day's levels.
The FTSE Italia Mid Cap is practically unchanged (+0.05%); on the same line, the FTSE Italia Star holds the line (-0.09%).
Saipem (+1.18%), Moncler (+0.67%), Interpump Group (+0.61%) and ENI (+0.60%) among the top performers in Milan.
Iveco reports the heaviest losses, currently suffering from a -1.70% down.
Amplifon is sluggish, declining marginally (-1.15%).
Azimut is modestly down, shedding -1.07%.
Stellantis drifts -0.81% lower.
Caltagirone (+1.79%), CIR (+1.64%), Credem (+1.34%) and Italmobiliare (+1.21%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
The Italian Sea Group reports the heaviest losses, currently suffering from a -1.41% down.
Technoprobe totters along with a modest -1.13% decline.
A sluggish day for OVS, which drops -0.91%.
Sanlorenzo trades with a small loss of -0.89%.
Among the most important macroeconomy events:
Wednesday, 7/17/2024
8:00 AM United Kingdom: producer price index, yearly (expected 1.8%; prev. 1.7%)
8:00 AM United Kingdom: consumer price index, yearly (expected 1.9%; prev. 2%)
8:00 AM United Kingdom: consumer price index, monthly (expected 0.1%; prev. 0.3%)
8:00 AM United Kingdom: producer price index, monthly (expected 0.1%; prev. -0.1%)
11:00 AM European Union: consumer price index, yearly (expected 2.5%; prev. 2.6%)
11:00 AM European Union: consumer price index, monthly (expected 0.2%; prev. 0.2%)
11:00 AM European Union: Prezzi Consumo Ex Tabacco, yearly (prev. 2.5%).
(Teleborsa) 07-17-2024 09:30 AM