Selling prevails in Piazza Affari and the other European markets
(Teleborsa) - Indices in Milan and the other major European bourses all trade negative.There is no significant change for EUR / USD which, at 1.073, is traded around previous levels. Gold is in reverse gear, sliding to 2,315.6 dollars per ounce. Light Sweet Crude Oil shows a timid gain of +0.35%.
The Spread is at +130 basis points, near the previous day's level, while the ten-year BTP settles at +3.85%.
Among the European indices, Frankfurt slips just under the flatline with a -0.3% decrease, London looks composed with modest growth of +0.61%, and Paris is essentially flat, offering a scant 0%.
In Milan, the FTSE MIB is below the flatline as it slips -0.32% to 34,186 points; similarly, the FTSE Italia All-Share is slightly down, trading just below the flatline at 36,382 points.
The FTSE Italia Mid Cap eases -0.29%; the FTSE Italia Star trades sideways (-0.03%).
Among Italy's best performing large-caps, Moncler performs modestly, showing a moderate +1.43% rise.
Resilient Finecobank registers a small increase of 0.95%.
Banco Bpm advances +0.88%.
Banca Mediolanum edges higher, showing an increase of 0.69%.
Stellantis reports the heaviest losses, currently suffering from a -3.08% down.
Iveco suffers losses of 2.38%.
Investors hurry to sell as Nexi declines -2.18%.
Saipem plunges -1.81% on intense selling.
D'Amico (+3.31%), Digital Value (+2.60%), Lottomatica (+1.99%) and SAES Getters (+1.34%) top the ranks of Milan's mid-caps.
El.En reports the heaviest losses, currently suffering from a -2.62% down.
Investors are selling as MFE B records a -2.42% fall.
Alerion Clean Power shows a negative session -2.19% down.
Troubled MFE A falls -2.05%.
Among the macroeconomic variables of high impact:
Tuesday, 4/30/2024
1:30 AM Japan: unemployment rate (expected 2.5%; prev. 2.6%)
1:50 AM Japan: industrial production, monthly (expected 3.4%; prev. -0.6%)
1:50 AM Japan: retail sales, yearly (expected 2.5%; prev. 4.7%)
3:45 AM China: Caixin manufacturing PMI (expected 51 points; prev. 51.1 points)
7:30 AM France: gross domestic product, quarterly (expected 0.1%; prev. 0.1%)
8:00 AM Germany: retail sales, monthly (expected 1.3%; prev. -1.9%)
8:00 AM Germany: retail sales, yearly (prev. -2.7%).
(Teleborsa) 04-30-2024 01:00 PM