Piazza Affari slips in a session marked by IT problems

Piazza Affari slips in a session marked by IT problems

(Telestock) – Negative day for European stock marketson a day when it was also difficult to follow some markets – such as Milan and London – due to the lack of updating of the indexes for a few hours (both are managed by FTSE Russel, a company of the group London Stock Exchange). All this was caused by the technical failures in the computer network on a global scalestarted by the cybersecurity giant CrowdStrikewhich involved various sectors such as aviation, media and banking.

On the macroeconomic front, in Germany Producer prices rose by +0.2% m/m and -1.6% y/y in June, broadly in line with expectations, while in the UK retail sales surprised on the downside in May, with the decline driven by both election uncertainty and particularly cold weather.

A few ideas from the ECB meeting yesterday: the European bank postponed its decisions until September, signalling that the choice of a next cut will depend on future inflation data (particularly in services) and wage trends.

All the indexes of Piazza Affari and the other main European stock exchanges were negative at the close. Meanwhile, on Wall Street there is a negative trend for theS&P-500.

L’Euro / US Dollar continues the session at the levels of the day before, reporting a variation of -0.1%. Sales are falling on thegoldwhich trades at $2,404.5 per ounce, down 1.67%. A negative day for oil (Light Sweet Crude Oil), which continues to trade at $81.56 per barrel, down 1.52%.

Consolidates the levels of the day before spreadsettling at +132 basis points, with the 10-year BTP yield which stands at 3.77%.

Among the main European stock exchanges Frankfurt drops by 1.00%, modest decline for Londonwhich gives up a small -0.6%, and thoughtful Pariswith a fractional drop of 0.69%.

Trades down for the Milan Stock Exchangewhich shows a decline of 0.91% on the FTSE MIB; on the same line, closes in reverse the FTSE Italia All-Sharewhich slips to 36,464 points. Negative the FTSE Italia Mid Cap (-0.88%); as well as negative variations for the FTSE Italia Star (-0.7%).

The value of trades in the session of 07/19/2024 at Piazza Affari it was equal to 2.2 billion euros, down from 2.31 billion the day before; while the volumes traded went from 0.5 billion shares in the previous session to 0.44 billion.

Among the best Blue Chips of Piazza Affari, modest performance for DiaSorinwhich shows a moderate increase of 0.93%. Resistant Amplifierwhich marks an increase of 0.81%. Prysmian advances by 0.59%.

The strongest drops, however, occurred on Nexiwhich closed the session at -3.81%. A sharp decline for STMicroelectronicswhich marks a -2.98%. Under pressure Ivecowith a sharp decline of 2.77%. It suffers Stellantiswhich shows a loss of 2.22%.

Between Best FTSE MidCap Stocks, Rain (+11.38%), Webuild (+2.43%), Fincantieri (+1.48%) and SOL (+0.98%).

The worst performances, however, were recorded on Brembowhich closed at -4.05%. Heavy MARRwhich marks a drop of -4.01 percentage points. Negative session for De Nora Industrieswhich falls by 3.95%. Prey of sellers Ferragamowith a decrease of 3.66%.

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