European stock markets recover in the afternoon and close close to parity

Negative European stock markets In Milan MPS and Pirelli did

(Finance) – Closing close to parity for European stock markets, which improved in the afternoon thanks to a sharp reversal on Wall Street (which started with a marked decline and then improved, leaving behind the sell-off triggered by the Fed’s hawkish turn in its last meeting). On the macroeconomic front, in Italy in November producer prices recorded a change of -0.5% on year, while in December consumer and business confidence worsened. In the United States in November private consumption and personal income increased less than expected, while the consumption deflator showed annual changes one tenth lower than expected: +2.4% (from +2.3% in October) for the headline measure and +2.8% (as in October) for the core one.

Slight increase forEuro / US Dollarwhich shows an increase of 0.61%. THE’Gold continues trading at 2,625 dollars an ounce, with an increase of 1.19%. No significant changes for the oil market, with the petrolium (Light Sweet Crude Oil) which stands at the values โ€‹โ€‹of the day before at 69.33 dollars per barrel.

The Spreads takes a small step downwards, with a drop of 1.72% to +114 basis points, while the yield of the 10-year BTP stands at 3.44%.

Among the markets of the Old Continent weak Frankfurtwhich shows a small decrease of 0.27%, a modest decline for Londonwhich drops a small -0.26%, and is thoughtful Pariswith a fractional decline of 0.27%.

Closing on parity for the Milan Stock Exchangewith the FTSE MIB which stands at 33,766 points; on the same line, it remains around the parity line the FTSE Italia All-Sharewhich closes the day at 35,956 points. Moderately rising FTSE Italia Mid Cap (+0.69%); along the same lines, slightly positive FTSE Italia Star (+0.26%).

According to Piazza Affari, the exchange value in the latest it was equal to 4.73 billion euros, with an increase of 1,595.6 million euros, equal to 50.88% compared to the previous 3.14 billion; while the volumes traded went from 1.11 billion shares in the previous session to 0.97 billion shares on 12/20/2024.

At the top of the ranking of the most important titles of Milan, we find Amplifon (+1.64%), Brunello Cucinelli (+1.45%), Italgas (+1.32%) e ERG (+1.29%).

The steepest declines, however, occurred on Saipemwhich ended the session at -6.09%. They focus on sales Telecom Italiawhich suffers a decline of 3.67%. Sales up Nexiwhich recorded a decline of 2.16%. He hesitates Banca Popolare di Sondriowith a modest decline of 1.46%.

At the top of the mid-cap stocks ranking of Milan, Comer Industries (+15.51%), Rai Way (+3.68%), Caltagirone SpA (+2.52%) e Maire (+2.52%).

The worst performances, however, were recorded on El.Enwhich closed at -2.94%. Negative session for Cementirwhich shows a loss of 2.36%. Under pressure Multiply Groupwhich suffered a decline of 2.21%. It slides OVSwith a clear disadvantage of 2.00%.

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