Moderate gains in Milan

(Teleborsa) - Piazza Affari is trading slightly higher, on a par with the major European bourses.

There is no significant change for EUR / USD which, at 1.085, is traded around previous levels. Gold trades up, advancing to 2,712.8 dollars per ounce. Investors sell as Light Sweet Crude Oil slides to 70.17 dollars per barrel.

The Spread goes down to +118 basis points, shrinking -4 BPs, while the Italian 10-year BTP yield is at +3.37%.

Among the European markets, Frankfurt lacks momentum, trading with a +0.12% change, London is modestly down, shedding -0.31%, and Paris advances +0.46%.

Milan is trading slightly higher, with the FTSE MIB advancing to 35,126 points; similarly, the FTSE Italia All-Share pushes up to trade at 37,300 points.

FTSE Italia Mid Cap puts in a good performance (+0.85%); on the same line, the FTSE Italia Star is up +1.06%.

Among Italy's best performing large-caps, Brunello Cucinelli soars, recording a substantial +4.66% rise.

Moncler flies to new heights with a marked +4.29% progress.

Iveco dazzles with a +4.26% surge.

Stellantis is in good fettle with a +2.64% increase.

Enel has the worst performance, with a -0.94% down.

Inwit drifts -0.91% lower.

Banco Bpm totters along with a modest -0.75% decline.

Ferragamo (+5.53%), Tinexta (+4.91%), Technoprobe (+4.40%) and Ferretti (+3.32%) are among the best performing stocks in the FTSE Italia Mid Cap basket.

Digital Value reports the heaviest losses, currently suffering from a -0.74% down.

Among the macroeconomic variables of high impact:

Friday, 10/18/2024
1:30 AM Japan: consumer price index, yearly (prev. 3%)
4:00 AM China: gross domestic product, quarterly (expected 1%; prev. 0.7%)
4:00 AM China: unemployment rate (expected 5.3%; prev. 5.3%)
4:00 AM China: industrial production, yearly (expected 4.6%; prev. 4.5%)
4:00 AM China: retail sales, yearly (expected 2.5%; prev. 2.1%)
8:00 AM United Kingdom: retail sales, monthly (expected -0.3%; prev. 1%)
8:00 AM United Kingdom: retail sales, yearly (expected 3.2%; prev. 2.3%).

(Teleborsa) 10-18-2024 01:00 PM