European bourses hold the line
(Teleborsa) - On the Old Continent, the major stock markets remain wary. Investors also show caution in Milan, where the market is flatlining. On the US exchange, the S&P-500 is essentially stable with a percentage change of +0.03.EUR / USD is essentially stable, finishing at 1.084. Gold has a bad day, ending the session -0.86% lower at 2,358.1 dollars per ounce. Light Sweet Crude Oil is on the plus side, rising +0.96%.
The Spread jumps to +130 basis points, an increase of 4 BPs, with the Italy BTP 10Y yield at +3.85%.
Among the markets of the Old Continent, stagnant Frankfurt trades to a near stalemate, a sluggish day for London, which drops -0.35%, and Paris is stuck at the previous session's levels.
In Milan, the FTSE MIB is largely stable, trading at 34,437 points; similarly, no shame no gain for the FTSE Italia All-Share as it trades flat at 36,640 points.
The FTSE Italia Mid Cap trades sideways (+0.09%), as the FTSE Italia Star lacks direction (-0.12%).
Prysmian (+2.60%), Finecobank (+2.03%), Unicredit (+0.74%) and Poste Italiane (+0.73%) top the ranks of Milan's large-caps.
Snam reports the heaviest losses, currently suffering from a -2.28% down.
Terna is struggling, -1.67% down.
Enel suffers losses of 1.62%.
Investors hurry to sell as Hera declines -1.6%.
Technoprobe (+5.28%), Comer Industries (+2.84%), Intercos (+2.50%) and Danieli & C (+2.40%) are among Italy's top mid-cap stocks.
Ascopiave reports the heaviest losses, currently suffering from a -2.02% down.
Acea plunges -1.67% on intense selling.
Investors are selling as Iren records a -1.66% fall.
BFF Bank trades with a small loss of -1.48%.
Among the most relevant macroeconomic data:
Thursday, 5/23/2024
2:30 AM Japan: manufacturing PMI (expected 49.7 points; prev. 49.6 points)
10:00 AM European Union: services PMI (expected 53.6 points; prev. 53.3 points)
10:00 AM European Union: manufacturing PMI (expected 46.2 points; prev. 45.7 points)
10:00 AM European Union: composite PMI (expected 52 points; prev. 517 points)
2:30 PM USA: initial jobless claims, weekly (expected 220K units; prev. 223K units)
3:45 PM USA: composite PMI (expected 51.1 points; prev. 51.3 points)
3:45 PM USA: manufacturing PMI (expected 50 points; prev. 50 points).
(Teleborsa) 05-23-2024 04:00 PM