EU bourses are up, Milan flat

(Teleborsa) - The Milan stock exchange is trading flat, but Europe's other bourses are bullish.

EUR / USD broadly maintains the previous session's levels, with a change of only +0.06%. Gold climbs to 2,383 dollars per ounce, rising +0.92%. Light Sweet Crude Oil loses -1.1%, changing hands at 81.78 dollars per barrel.

The Spread flatlines, remaining at +141 basis points, while the Italian ten-year BTP is at +3.85%.

Among the European markets, Frankfurt reports no significant price changes in the absence of fresh cues, stagnant London trades to a near stalemate, and Paris edges higher, showing an increase of 0.42%.

The Milanese stock exchange sees no significant change with the FTSE MIB settling at 33,686 points, near the previous session's levels; similarly, the FTSE Italia All-Share is trading flat at 35,808 points.

The FTSE Italia Mid Cap lacks direction (+0.01%); similarly, the FTSE Italia Star is practically unchanged (-0.14%).

MPS Bank (+2.09%), Campari (+1.88%), Prysmian (+1.87%) and Enel (+1.45%) among the top performers in Milan.

Leonardo sees the heaviest sell-offs, now trading -3.10% lower.

Saipem shows a negative session -2.62% down.

Troubled Tenaris falls -2.42%.

ENI is definitely weaker with a -1.45% decrease.

MFE B (+8.17%), OVS (+6.69%), MFE A (+6.26%) and LU-VE Group (+2.13%) are among the best performing stocks in the FTSE Italia Mid Cap basket.

Zignago Vetro has the worst performance, with a -5.72% down.

Technoprobe is down, with a net loss of 2.66%.

Buzzi is firmly in the red, showing a fall of 2.63%.

D'Amico trades negative, losing -2.49%.

Among the most relevant macroeconomic data:

Thursday, 4/18/2024
6:30 AM Japan: services index, monthly (expected 0.8%; prev. -0.5%)
2:30 PM USA: Philly FED manufacturing activity index (expected 1.5 points; prev. 3.2 points)
2:30 PM USA: initial jobless claims, weekly (expected 215K units; prev. 211K units)
4:00 PM USA: leading indicator, monthly (expected -0.1%; prev. 0.1%)
4:00 PM USA: existing home sales (expected 4.2 Mln units; prev. 4.38 Mln units)
4:00 PM USA: existing home sales, monthly (prev. 9.5%)

Friday, 4/19/2024
1:30 AM Japan: consumer price index, yearly (prev. 2.8%).

(Teleborsa) 04-18-2024 01:00 PM