(Tiper Stock Exchange) – European stock markets closed the last session of the week higher, after a series of better-than-expected macro data and in particular inflation in the Eurozone which fell to 5.5% in June and stable unemployment at 6.5%. The disappointing Chinese PMI data was also tempered by the expectation of further expansionary measures by the People’s Bank of China. The FTSEMIB has exceeded the psychological threshold of 28,000 points, reaching i highest since September 2008.
Between stories of the day in Piazza Affari There are ERG (+3.84% following the agreement for the sale of the Priolo Gargallo thermoelectric plant, which makes it a company entirely dedicated to renewable energy), Itway (+15% after entering into a strategic partnership with Mastercard’s RiskRecon company) e RedFish LongTerm Capital (which finished flat on its debut on Euronext Growth Milan).
L’Euro / US Dollar shows a modest gain, with an increase of 0.44%. L’Gold trading continues with a fractional gain of 0.47%. Sharp increase of petrolium (Light Sweet Crude Oil) (+1.64%), which reaches 71 dollars per barrel.
On equality it spreadswhich remains at +161 basis points, with the yield of the 10-year BTP which stands at 4.00%.
In the European stock market scenario good performance for Frankfurtwhich grows by 1.26%, sustained Londonwith a decent gain of 0.80%, and good ideas on Parisshowing a large lead of 1.19%.
Business Square ends the session on the upside, with the FTSEMIB which advances to 28,231 points, continuing the bullish trail highlighted by five consecutive gains, triggered last Monday; along the same lines, earnings day for the FTSE Italia All-Share, which continues the day at 30,297 points. Positive the FTSE Italia Mid Cap (+0.82%); as well as, in cash the FTSE Italy Star (+1.11%).
Between best Italian stocks large-cap, well-set Iveco, which shows an increase of 3.69%. Toned ERG which highlights a nice advantage of 3.69%. In light Prysmian, with a large increase of 3.40%. Positive trend for DiaSorinwhich increases by a fair +2.98%.
Among the protagonists of the FTSE MidCap, Cembre (+3.38%), El.En (+2.90%), Tinexta (+2.81%) and Maire Tecnimont (+2.79%).
The worst performances, however, are recorded on MFE B, which gets -1.20%. It moves below parity Saphilus, showing a decrease of 1.04%. Moderate contraction for Caltagirone SpA, which suffers a decline of 1.00%. Undertone Salcef Group showing a filing of 0.86%.