Piazza Affari shines
(Teleborsa) - The Borsa Italiana is up amid a flurry of buy orders, just like the major European exchanges. On the US market trading is up for the S&P-500.EUR / USD makes timid gains, progressing by +0.51%. Gold is in positive terrain, earning +1.45%. Oil prices are essentially stable, with Light Sweet Crude Oil trading sideways at 83.04 dollars per barrel.
The Spread is sharply lower at +136 basis points (-8 BPs), while the Italian 10-year BTP yield is at +3.92%.
Among the European indices, Frankfurt is in good shape, advancing +1.16%, a positive result for London, which inches up +0.61%, and Paris stands out, progressing +1.24%.
Piazza Affari ends the session higher, with the FTSE MIB advancing to 33,845 points; similarly, the FTSE Italia All-Share rises to close at 36,057 points, up +1.11% over the previous session.
The FTSE Italia Mid Cap is up +1.39%, as the FTSE Italia Star climbs +1.1%.
MPS Bank (+5.71%), Leonardo (+3.80%), Bper (+3.59%) and Unipol (+3.19%) among the best performing blue chips in Piazza Affari.
Saipem has the worst performance, closing -2.83% down.
Moncler trades with a small loss of -0.7%.
Tottering Recordati dips -0.53%.
De'Longhi (+5.18%), Zignago Vetro (+3.61%), GVS (+3.30%) and Juventus (+2.80%) top the ranks of Milan's mid-caps.
Cembre has the worst performance, closing -1.65% down.
Philogen is definitely weaker with a -1.44% decrease.
Rai Way slips just under the flatline with a -1.41% decrease.
The Italian Sea Group contracts moderately by -0.86%.
Among the most relevant macroeconomic data:
Wednesday, 7/3/2024
3:45 AM China: Caixin services PMI (expected 53.4 points; prev. 54 points)
10:00 AM European Union: services PMI (expected 52.6 points; prev. 53.2 points)
10:00 AM European Union: composite PMI (expected 50.8 points; prev. 52.2 points)
11:00 AM European Union: producer price index, yearly (expected -4.1%; prev. -5.7%)
11:00 AM European Union: producer price index, monthly (expected -0.1%; prev. -1%)
1:30 PM USA: challenger job cuts (prev. 63.82K units)
2:15 PM USA: ADP employment change (expected 163K units; prev. 157K units).
(Teleborsa) 07-03-2024 06:02 PM