Piazza Affari sees buying frenzy, Europe bourses also up
(Teleborsa) - The Milanese bourse outshines the major European markets, which also gain. Meanwhile, on Wall Street the S&P-500 remains just above the no-change mark.There is no significant change for EUR / USD which, at 1.078, is traded around previous levels. Gold is up +0.97% at 2,324.8 dollars per ounce. Light Sweet Crude Oil enjoys a positive session, gaining +0.69%.
The Spread is at +130 basis points, near the previous day's level, while the ten-year BTP settles at +3.76%.
Among the European indices, Frankfurt's +0.97% surge cheers investors, Paris records a fairly pedestrian increase of +0.49%.
In Piazza Affari, the FTSE MIB ends the day +1.06% up at 33,987 points, interrupting the run of three consecutive declines, which began last Tuesday; similarly, the FTSE Italia All-Share ends the day with an increase of +1.02%.
The FTSE Italia Mid Cap climbs +0.75%; on the same line, the FTSE Italia Star inches up +0.52%.
Among Italy's best performing large-caps, Amplifon is on top of the game with a strong +4.6% rise.
Leonardo forges ahead by +2.98%.
Intesa Sanpaolo is in positive territory with a +2.92% increase.
Pirelli & C attracts bids with a +2.3% rise.
Brunello Cucinelli has the worst performance, closing -1.48% down.
Recordati contracts moderately by -0.79%.
Anima Holding (+5.39%), D'Amico (+3.19%), Ariston Holding (+3.07%) and BFF Bank (+2.69%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Comer Industries reports the heaviest losses, ending the session -3.13% down.
Investors hurry to sell as SOL declines -2.32%.
Ferragamo is subdued, shedding -0.89%.
Juventus falls just below its previous value.
Among the most relevant macroeconomic data:
Monday, 5/6/2024
3:45 AM China: Caixin services PMI (expected 52.5 points; prev. 52.7 points)
10:00 AM European Union: services PMI (expected 52.9 points; prev. 51.5 points)
10:00 AM European Union: composite PMI (expected 51.4 points; prev. 50.3 points)
11:00 AM European Union: producer price index, monthly (expected -0.4%; prev. -1.1%)
11:00 AM European Union: producer price index, yearly (prev. -8.5%)
Tuesday, 5/7/2024
8:00 AM Germany: Trade balance (expected 22.4 Bln Euro; prev. 21.4 Bln Euro)
8:00 AM Germany: factory orders, monthly (expected 0.4%; prev. 0.2%).
(Teleborsa) 05-06-2024 06:02 PM