Moderate gains in Milan
(Teleborsa) - Piazza Affari is trading slightly higher, on a par with the major European bourses.EUR / USD holds its position at 1.082. Gold creeps up +0.28%. Light Sweet Crude Oil trades fractionally lower in this session, shedding -0.31% so far.
The Spread retreats slightly to +140 basis points, down -2 BPs, while the Italy BTP 10-year yield stands at +3.97%.
Among the major European bourses, Frankfurt makes fairly pedestrian progress (+0.54%), London looks composed with modest growth of +0.35%, and Paris performs modestly, showing a moderate +0.23% rise.
The Borsa Italiana edges up as the FTSE MIB rises +0.31%, continuing its bullish run which began last Wednesday; similarly, the FTSE Italia All-Share crawls up to 36,427 points.
The FTSE Italia Mid Cap trades moderately higher (+0.3%); the FTSE Italia Star trades sideways (-0.14%).
Stmicroelectronics (+2.06%), Saipem (+1.42%), Finecobank (+0.96%) and Nexi (+0.88%) top the ranks of Milan's large-caps.
Amplifon has the worst performance, with a -5.41% down.
Tottering MPS Bank dips -0.65%.
Banca Popolare Sondrio is definitely weaker with a -0.65% decrease.
Technoprobe (+2.91%), El.En (+1.43%), Anima Holding (+1.43%) and Caltagirone (+1.42%) top the ranks of Milan's mid-caps.
Fincantieri reports the heaviest losses, currently suffering from a -2.63% down.
Philogen slips just under the flatline with a -1.44% decrease.
Digital Value contracts moderately by -1.17%.
Intercos is subdued, shedding -1.14%.
Among the most important macroeconomy events:
Friday, 7/5/2024
1:30 AM Japan: real household consumption expenditure, monthly (expected 0.5%; prev. -1.2%)
8:00 AM Germany: industrial production, monthly (expected 0.2%; prev. 0.1%)
8:00 AM Germany: industrial production, yearly (prev. -3.66%)
8:45 AM France: industrial production, monthly (expected -0.6%; prev. 0.6%)
10:00 AM Italy: retail sales, yearly (prev. -1.9%)
10:00 AM Italy: retail sales, monthly (expected 0.2%; prev. -0.1%)
11:00 AM European Union: retail sales, yearly (expected 0.1%; prev. 0%).
(Teleborsa) 07-05-2024 09:30 AM