European stock markets negative. Piazza Affari stable

Weak European markets Milan stems sales

(Finance) – Negative balance for the main European stock exchangeswhile the Milan stock exchange manages to avoid the sales and close the session on the parity line. The star-spangled market is substantially buoyant, with theS&P-500 which records a capital gain of 0.30%.

Investors are eyeing the weekend’s political elections in France. On the macroeconomic front, the key data on American PCAE inflation, the Fed’s preferred measure for assessing price trends, was in line with expectations in May: slowing to 2.6% from 2.8% in April .

On the currency market, little movedEuro / US Dollar, which trades on the day before at 1.072. Substantially stable thegold, which continues the session at the levels of the day before at 2,329.5 dollars an ounce. Session in fractional decline for oil (Light Sweet Crude Oil), which leaves, for now, 0.40% on the floor.

On equality it spreadwhich remains at +157 basis points, with the yield on the 10-year BTP positioned at 4.06%.

Among the Euroland indices cautious trend for Frankfurtwhich shows a performance of +0.13%, little changed Londonwhich shows a -0.19%, and is hesitating Pariswhich gives up 0.68%. No significant changes at the close for the Milan stock exchange, with the FTSE MIB which stands at 33,154 points on the day before; on the same line, the FTSE Italia All-Shareclosing at 35,340 points.

The value of trades in the session of 06/28/2024 was equal to 2.27 billion euros, up from 2.19 billion the day before, while volumes stood at 0.43 billion shares, compared to 0.39 billion previously.

At the top of the ranking of the most important titles of Milan, we find Tenaris (+2.35%), STMicroelectronics (+1.57%), Unipol (+1.37%) e Saipem (+1.23%).

The worst performances, however, were recorded on Brunello Cucinelliwhich closed at -3.66%.

Terna drops by 1.66%.

Sharp drop for BPERwhich marks -1.65%.

Under pressure Campariwith a sharp decline of 1.52%.

Between Best FTSE MidCap Stocks, Maire Tecnimont (+4.03%), Mondadori (+2.74%), Italmobiliare (+2.33%) e El.En (+1.94%).

The steepest declines, however, occurred on OVSwhich closed the session at -5.62%.

He suffers Zignago Glasswhich highlights a loss of 2.16%.

Prey of the sellers Ariston Holdingwith a decrease of 1.73%.

They focus on sales Alerion Clean Powerwhich suffers a decline of 1.68%.

Among the data relevant macroeconomic factors:

Friday 28/06/2024
01:30 Japan: Unemployment rate (expected 2.6%; previous 2.6%)
01:50 Japan: Industrial production, monthly (expected 2%; previous -0.9%)
08:00 United Kingdom: GDP, quarterly (expected 0.6%; prev. -0.3%)
08:45 France: Production prices, annual (previous -6.7%)
08:45 France: Production prices, monthly (previous -3.6%).

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