Piazza Affari sees buying frenzy, Europe bourses also up
(Teleborsa) - The Milanese bourse outshines the major European markets, which also gain. Wall Street sees the S&P-500 move up a notch, registering an increase of 0.68%.EUR / USD is slightly down at 1.091. Gold is slightly down at 2,646.6 dollars per ounce. Light Sweet Crude Oil is firmly in the red as it tumbles -2.36% to trade at 73.78 dollars per barrel.
The Spread is firmly down, shedding -11 basis points to settle at +128 BPs, with the Italian 10-year BTP yield at +3.54%.
Among the major European bourses, resilient Frankfurt registers a small increase of 0.69%, London advances +0.47%, and Paris edges higher, showing an increase of 0.32%.
The Milan bourse closes up as the FTSE MIB gains +1.09%, continuing its bullish run which began last Wednesday; similarly, a bullish session sees the FTSE Italia All-Share rise well above previous levels to 36,832 points.
The FTSE Italia Mid Cap is moderately up (+0.55%); on the same line, the FTSE Italia Star is only just in the black (+0.42%).
Among Italy's best performing large-caps, Leonardo rises +3.24% on positive cues.
Recordati is in good fettle with a +2.95% increase.
A2A is in good shape, advancing +2.74%.
Ferrari stands out, progressing +2.44%.
Amplifon reports the heaviest losses, ending the session -0.84% down.
Bper slips just under the flatline with a -0.58% decrease.
DiaSorin contracts moderately by -0.58%.
Philogen (+7.93%), CIR (+4.57%), Digital Value (+4.04%) and Reply (+3.75%) are among Italy's top mid-cap stocks.
Ferragamo has the worst performance, closing -3.67% down.
LU-VE Group plunges -2.07% on intense selling.
Investors are selling as Carel Industries records a -1.58% fall.
GVS is subdued, shedding -1.2%.
Among the most important macroeconomy events:
Tuesday, 10/15/2024
6:30 AM Japan: industrial production, monthly (expected -3.3%; prev. 3.1%)
8:00 AM United Kingdom: initial jobless claims (expected 20.2K units; prev. 23.7K units)
8:00 AM United Kingdom: unemployment rate (expected 4.1%; prev. 4.1%)
8:45 AM France: consumer price index, yearly (expected 1.2%; prev. 1.8%)
8:45 AM France: consumer price index, monthly (prev. 0.5%)
9:00 AM Spain: consumer price index, yearly (expected 1.5%; prev. 2.3%)
9:00 AM Spain: consumer price index, monthly (expected -0.6%; prev. 0%).
(Teleborsa) 10-14-2024 06:02 PM