(Finance) – Positive balance sheet for the financial markets of the Old Continent. The widespread purchases also affect the FTSE MIB, which moves on the same bullish wave as the other Eurozone lists, with theinvestors’ attention paid to quarterly reports. Among the main ideas, Hermes reported an 11.3% increase in sales in the third quarter, while Barclays reported an 18% increase in third-quarter earnings and raised revenue guidance.
On the macroeconomic front, in France in October, business confidence marked a profound decrease to 92 from 99 previously: excluding the pandemic, it was the most extensive decline since November 2008, with a negative contribution from all components. Forecast data from the October PMI survey show economic activity ofeurozone slightly decreasing for the second consecutive month, and indicate a marginal decline overall in line with that of September.
THE’Euro / US Dollar it is essentially stable and stops at 1.08. THE’Gold shows a timid gain, with an increase of 0.75%. Slight increase in petrolium (Light Sweet Crude Oil) which rises to 71.48 dollars per barrel.
Noticeable improvement of spreadwhich reaches +118 basis points, with a decrease of 10 basis points, with the yield of the 10-year BTP which stands at 3.46%.
Among the Euroland indices Frankfurt advances by 0.74%, session without momentum Londonreflecting a moderate increase of 0.41%, and small step forward for Pariswhich shows an increase of 0.67%.
The Milanese price list shows a timid gain, with the FTSE MIB which is recording a +0.56%, interrupting the series of three consecutive declines, which began last Monday; along the same lines, little leap forward for the FTSE Italia All-Sharewhich reaches 37,037 points. Salt the FTSE Italia Mid Cap (+0.99%); as well, positive the FTSE Italia Star (+0.7%).
Among them best Italian shares large-cap, effervescent Saipemwith a progress of 4.73% (it improved the 2024 guidance after strong growth in the 9-month period). Glowing Stellantiswhich boasts a significant increase of 4.31%. It is moving into positive territory Monclershowing an increase of 2.30%. Money up Brunello Cucinelliwhich recorded an increase of 1.73%.
The steepest declines, however, occur at MPS Bankwhich continues the session with -1.89%. Under pressure Nexiwith a sharp decline of 1.82%. Undertone BPM desk which shows a filing of 1.03%. Disappointing BPERwhich lies just below the levels of the day before.
Between the best stocks in the FTSE MidCap, De’ Longhi (+7.93%), Reply (+2.58%), Ferragamo (+2.44%) e Mondadori (+2.30%).
The strongest sales, however, occur at Digital Valuewhich continues trading at -6.63%. He suffers Sesawhich highlights a loss of 2.81%. Lame Caltagirone SpAwhich shows a small decrease of 1.37%. Modest descent for Aceawhich drops a small -0.97%.