Cautious bags. Positive Piazza Affari with MPS rally

Cautious bags Positive Piazza Affari with MPS rally

(Finance) – European stock markets close the week on the rise, while the wait continues for the next moves of the central banks. Substantially stable theEuro / US Dollar, which continues the session at the levels of the day before and stops at 1.089. L’Gold it is essentially stable at 2,160.8 dollars an ounce. Session on equality for the petrolium (Light Sweet Crude Oil), which stands at $81.09 per barrel.
Unchanged spreadwhich is positioned at +127 basis points, with the yield of the ten-year BTP which stands at 3.69%.

In the European stock market scenario nothing done for Frankfurtwhich changes hands on parity, small loss for Londonwhich trades at -0.2%, is colorless Pariswhich did not record significant changes compared to the previous session.

Slight increase for Milan Stock Exchangewith the FTSE MIB which rises by 0.46% to 33,940 points; along the same lines, the FTSE Italia All-Share proceeds in small steps, advancing to 36,089 points. In fractional progress the FTSE Italia Mid Cap (+0.3%); with a similar direction, just above parity FTSE Italia Star (+0.42%).

The exchange value in the session of 03/15/2024 in Piazza Affari it was equal to 6.51 billion euros, with an increase of 3,191.5 million euros, equal to 96.08%, compared to the previous 3.32 billion; while the volumes traded went from 1.12 billion shares in the previous session to 1.48 billion.

At the top of the ranking of the most important titles of Milan, we find MPS Bank (+4.32%, after KBW analysts raised the rating from market perform to outperform), Pirelli (+3.74%), Stellantis (+2.60%) e Inwit (+2.30%).

The steepest declines, however, occurred on Brunello Cucinelli, which closed the session at -7.96% (despite the confirmation of growth estimates for 2024). Significant losses for DiaSorin, down 4.10% (2023 profit fell to 224 million euros). It slides STMicroelectronics, with a clear disadvantage of 3.42%. In red Snamwhich highlights a sharp decline of 2.66%.

Among the protagonists of the FTSE MidCap, El.En (+17.92%), D’Amico (+4.86%), MARR (+4.42%) e Fincantieri (+3.70%).

The worst performances, however, were recorded on Juventus, which closed at -4.81%. Breathless Webuild, which fell by 4.07%. The negative performance of Zignago Glasswhich fell by 3.09%. Mondadori drops by 2.95%.

tlb-finance