(Tiper Stock Exchange) – A slow day for the major European listsWhere the rise of the French stock market stands outdriven by the rally of the luxury giant LVM extension. This also drags up the luxury stocks of Piazza Affari, which otherwise shows a session marked by weakness.
Stand out the discount Of Is in theafter yesterday the government indicated how new AD Flavio Cattaneo in place of Francesco Starace, with Claudio Scaroni as president. Equity points out that the change of Starace in Enel was expected, but the appointment of Cattaneo “is anyway a novelty“. “It will be important check the strategy that Cattaneo will adopt both in terms of divestments and investments for the energy transition in Italy/development of international markets”, it is underlined.
On the macro front, the industrial production in Italy was down and below expectations in February, while theEurozone saw industrial production rise more than expected in the same month. In UK The GDP was flat in February: the declines in services and production were offset by the growth in construction.
Over United States there are no important data on the agenda today (unemployment benefits and producer prices are released before the opening), while yesterday inflation of March showed moderation. The minutes of the meeting of FOMC of March confirm the presence of different opinions within the Committee regarding the risks to the scenario and the concern for the increase in uncertainty after the banking crisis.
L’Euro / US Dollar the session continued at the previous levels, reporting a variation of +0.17%. L’Gold trading continues with a fractional gain of 0.60%. Oil (Light Sweet Crude Oil) continues the session at the levels recorded on the previous day, posting a variation of +0.16%.
Slight worsening of spreadswhich rises to +183 basis points, an increase of 2 basis points, with the yield of the 10-year BTP equal to 4.18%.
Among the main European Stock Exchanges flat Frankfurtwhich holds parity, without cues Londonwhich does not show significant changes in prices, and money up Pariswhich recorded an increase of 0.85%.
The Milanese price list the session continues just below parity, with the FTSEMIB which limits 0.24%, while, on the contrary, the FTSE Italia All-Share (Business Square), which stands at 29,755 points, close to the previous levels.
Fractional earnings for the FTSE Italia Mid Cap (+0.32%); on the same trend, moderately rising FTSE Italy Star (+0.27%).
Between best performers of Milan, in evidence Moncler (+3.62%), Leonardo (+2.47%, after the indication that former minister Cingolani will take Profumo’s place at the helm of the group), amplifier (+1.73%) and Ferrari (+0.95%).
The strongest sales, on the other hand, show up Is in the, which continues trading at -3.10%. Basically weak Phinecus, which records a decrease of 1.49%. It moves below parity General Bank, highlighting a decrease of 1.26%. Moderate contraction for Triadwhich suffers a drop of 1.01% (the appointment has not arrived, but Giuseppina Di Foggia, currently head of Nokia Italia, is in pole position).
Among the protagonists of the FTSE MidCap, Tod’s (+2.15%), Carel Industries (+2.06%), Brunello Cucinelli (+1.92%) and Ferragamo (+1.88%).
The worst performances, however, are recorded on Juventus, which gets -2.07%. Prey of sellers Dry, with a decrease of 1.64%. Undertone Mondadori showing a filing of 1.23%. Disappointing Datalogicwhich lies just below the levels of the eve.