Selling prevails in Piazza Affari and the other European markets
(Teleborsa) - Indices in Milan and the other major European bourses all trade negative.EUR / USD is essentially stable, finishing at 1.111. Gold is trading at previous levels, with a variation of +0.07%. Light Sweet Crude Oil is slightly down at 69.12 dollars per barrel.
The Spread is broadly on the previous day's level as it settles at +138 basis points, while the Italy ten-year BTP is at +3.52%.
Among the markets of the Old Continent, Frankfurt totters along with a modest -0.62% decline, a sluggish day for London, which drops -0.34%, and Paris trades with a small loss of -0.34%.
Piazza Affari slips fractionally as the FTSE MIB sheds -0.47%; similarly, the FTSE Italia All-Share is in retreat at 35,637 points.
The FTSE Italia Mid Cap hovers just below the flatline (-0.37%); on the same trend direction, the FTSE Italia Star is below the flatline, slipping -0.25%.
Among Italy's best performing large-caps, Hera forges ahead by +1.6%.
A2A records a fairly pedestrian increase of +1.31%.
Ferrari is only just in the black as it climbs a scant +0.58%.
Moncler lacks momentum in this session, reflected in a moderate gain of 0.51%.
MPS Bank has the worst performance, with a -1.92% down.
Bper trades negative, losing -1.87%.
Unipol plunges -1.85%.
Saipem declines by a notable -1.58%.
The Italian Sea Group (+2.83%), Pharmanutra (+1.86%), Acea (+1.82%) and Sanlorenzo (+1.47%) are among Italy's top mid-cap stocks.
Ferretti reports the heaviest losses, currently suffering from a -3.23% down.
Ferragamo is struggling, -2.54% down.
MFE A suffers losses of 2.50%.
Investors hurry to sell as Danieli & C declines -2.38%.
Among the most relevant macroeconomic data:
Friday, 9/6/2024
1:30 AM Japan: real household consumption expenditure, monthly (expected -0.2%; prev. 0.1%)
8:00 AM Germany: industrial production, monthly (expected -0.4%; prev. 1.7%)
8:00 AM Germany: Trade balance (expected 21 Bln Euro; prev. 20.4 Bln Euro)
8:00 AM Germany: industrial production, yearly (prev. -3.92%)
8:45 AM France: current account (prev. -2.5 Bln Euro)
8:45 AM France: industrial production, monthly (expected -0.3%; prev. 0.8%)
10:00 AM Italy: retail sales, yearly (prev. -1%).
(Teleborsa) 06-09-2024 13:00