Teleborsa News

European equity in the red. Milan also down

News Image (Teleborsa) - It looks like a gloomy day for Piazza Affari and Europe's other major bourses.

EUR / USD trades slightly up at 1.084. Gold is slightly up at 2,340.3 dollars per ounce. A gloomy day for Light Sweet Crude Oil, which is trading at 76.27 dollars per barrel, down -0.77%.

The Spread remains unchanged at +128 basis points, while the Italy ten-year BTP is at +3.85%.

Among the European indices, Frankfurt slips just under the flatline with a -0.38% decrease, London contracts moderately by -0.4%, and Paris lacks momentum, trading with a -0.18% change.

The Milan stock market looks weak, with the FTSE MIB trading -0.37% lower; similarly, the FTSE Italia All-Share is in retreat at 36,545 points.

The FTSE Italia Mid Cap holds the line (+0.02%), as the FTSE Italia Star holds previous levels (-0.13%).

Iveco (+1.96%), Unipol (+1.16%), Pirelli & C (+1.12%) and Moncler (+0.82%) among the best performing blue chips in Piazza Affari.

MPS Bank reports the heaviest losses, currently suffering from a -1.77% down.

Interpump Group is struggling, -1.68% down.

Banca Popolare Sondrio is subdued, shedding -1.39%.

Telecom Italia falls just below its previous value.

Philogen (+3.56%), Maire (+2.88%), Rai Way (+2.86%) and BFF Bank (+1.66%) top the ranks of Milan's mid-caps.

Digital Value reports the heaviest losses, currently suffering from a -2.84% down.

Industrie De Nora suffers losses of 1.95%.

Investors hurry to sell as GVS declines -1.85%.

LU-VE Group plunges -1.67% on intense selling.

Among the most relevant macroeconomic data:

Friday, 5/24/2024
1:30 AM Japan: consumer price index, yearly (prev. 2.7%)
8:00 AM Germany: gross domestic product, quarterly (expected 0.2%; prev. -0.3%)
8:00 AM United Kingdom: retail sales, monthly (expected -0.5%; prev. -0.2%)
8:00 AM United Kingdom: retail sales, yearly (expected -0.2%; prev. 0.4%)
9:00 AM Spain: producer price index, yearly (prev. -8.2%)
2:30 PM USA: durable goods orders, monthly (expected -0.9%; prev. 2.6%)
4:00 PM USA: Michigan consumer sentiment (expected 67.4 points; prev. 77.2 points).

(Teleborsa) 05-24-2024 01:00 PM

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