(Finance) – Slight increase for the FTSE MIBlike the main European stock exchanges, with the focus on the luxury sectorwhich benefits from the news that the French giant LVMH purchased 10% of Double R, the Ruffini family vehicle that holds a direct stake in Moncler equal to 15.8%; Double R will increase its stake in Moncler by up to 18.5% through a Moncler share purchase program over a period of approximately 18 months, with financing for such purchases to be made available by LVMH.
On the macroeconomic front, in France in September inflation marked a sharp slowdown, as in Spain. In Germany the September unemployment rate remained stable at 6%. In Italyindustry turnover fell in July. In Eurozoneconfidence decreased slightly in September. Today’s focus is on the U.S. Department of Commerce’s report on the index personal consumption expenditure (PCE)the Fed’s preferred inflation indicator.
THE’Euro / US Dollar it is essentially stable and stops at 1.117. No significant changes forgoldwhich trades on the day before at 2,667.9 dollars an ounce. The Petrolium (Light Sweet Crude Oil) shows a fractional gain of 0.34%.
Slightly rising spreadwhich is positioned at +131 basis points, with a modest increase of 2 basis points, with the yield of the 10-year BTP equal to 3.47%.
Among the main European stock exchanges good performance for Frankfurtwhich grew by 0.85%, a moderately positive day for Londonwhich rises by a fractional +0.54%, and session without momentum for Parisreflecting a moderate increase of 0.29%.
Slightly rising session for Piazza Affari, with the FTSE MIBwhich advances to 34,591 points; along the same lines, the FTSE Italia All-Share advances fractionally, reaching 36,768 points.
Just above parity the FTSE Italia Mid Cap (+0.37%); as well as, fractional earnings for the FTSE Italia Star (+0.37%).
Among them best Italian shares large cap, highlighted Monclerwhich shows a strong increase of 8.76%. Soars STMicroelectronics which marks an important progress of 4.21%. Supported Stellantiswith a decent gain of 3.24%. Good insights on DiaSorinwhich shows a large lead of 2.58%.
The worst performances, however, are recorded on Prysmianwhich obtains -2.19%. Slow day for Banca Popolare di Sondriowhich marks a decline of 0.92%. Small loss for BPM deskwhich trades at -0.92%. He hesitates BPERwhich lost 0.82%.
At the top among Italian shares a mid-cap, Ferragamo (+3.35%), Caltagirone SpA (+3.09%), Safilo (+3.00%) e Piaggio (+2.20%).
The steepest declines, however, occur at D’Amicowhich continues the session with -1.85%. He suffers San Lorenzowhich highlights a loss of 1.60%. Basically weak Decemberwhich recorded a decline of 1.34%. It moves below parity Cementirhighlighting a decrease of 0.61%.