(Finance) – European stock markets slow down towards the end of the session and close at parityafter the publication of data on the American labor market which proved to be stronger than expected, highlighting solid economic growth and strengthening expectations for a postponement of the first Fed cut. In particular, in January new non-agricultural workers increased by 353 thousand (compared to a consensus of +187 thousand), with an upward revision of both the December and November figures, while the unemployment rate, expected increasing to 3.8%, it remained stable at 3.7%.
Negative session forEuro / US Dollar, which leaves, for now, 0.74% on the floor. Bad day forgold, which continues the session at 2,036.1 dollars an ounce, down 0.91%. Deep red for the petrolium (Light Sweet Crude Oil), which continues trading at 72.58 dollars per barrel, a sharp decline of 1.68%.
On equality, yes spreadwhich remains at +161 basis points, with the yield of the ten-year BTP which stands at 3.81%.
Among the main European stock exchanges modest performance for Frankfurtwhich shows a moderate increase of 0.35%, remains close to parity London (-0.09%), and flat Pariswhich holds parity.
No significant change in closing for Milanese price listwith the FTSE MIB which stands at 30,718 points on the day before; on the same line, colorless the FTSE Italia All-Share, which closed the session at 32,865 points, on the previous day’s levels. Almost unchanged FTSE Italia Mid Cap (-0.15%); as well, on the levels of the day before the FTSE Italia Star (-0.1%).
From the closing data of the Italian Stock Exchange, it appears that the exchange value in the session of 02/02/2024 it was equal to 2.42 billion euros, down by 18.34%, compared to the 2.96 billion on the day before; while the volumes traded went from 0.61 billion shares in the previous session to 0.63 billion.
Between best Italian shares large-cap, is moving in positive territory Stellantis, showing an increase of 2.31%. Money up Telecom Italia, which recorded an increase of 2.16%. Definitely positive balance sheet for MPS Bank, which boasts an increase of 2.12%. Good performance for BPERwhich grows by 1.95%.
The strongest sales, however, hit Saipemwhich ended trading at -1.72%. Ferrari drops by 1.70%. Small loss for ENI, which trades at -1.43%. He hesitates Finecowhich lost 0.92%.
At the top of the mid-cap stocks ranking from Milan, LU-VE Group (+3.05%), Technoprobe (+1.97%), MortgagesOnline (+1.73%) e Ifis Bank (+1.70%).
The worst performances, however, were recorded on Intercos, which closed at -3.94%. Decline decided for El.En, which marks -2.2%. Under pressure Carel Industries, with a sharp decline of 2.19%. He suffers Saint Lawrencewhich highlights a loss of 2.16%.