Stock Exchange: Unconfirmed European pending data in the US, London + 1% – Economy
(ANSA) – MILAN, Dec 29 – Stock markets on the Old Continent are generally a few fractions below par, unlike London which is up 1 percentage point to “recover” the first two days of the week it was closed for the holidays. Milan with Ftse Mib is down 0.3% with Frankfurt and Madrid, while Amsterdam is down 0.1% and Paris swings flat.
The operators’ outlook appears to be directed primarily at macroeconomic data from the US (wholesale inventories and home sales), due in the early afternoon. With a spread of just 136 basis points and a 10-year BTP yield of 1.14%, banking stocks were rather quiet in Piazza Affari (Mediobanca + 0.1%, Banco Bpm -0.5%), while the worst are Cnh and Eni, which give one percentage point.
A few more purchases on Campari and Recordati, which are up about half a point.
In the lower capitalization basket, the Popolare di Sondrio index settled at 3.7 euros after the green light of the shareholder meeting to convert to a joint stock company. Also calm is Mps stock (at €0.9) and Carige, which is trading at 3.7. (Dealing).
Reproduction is reserved © Copyright ANSA
Rachel Montgomery is a contributor at Prudent Press Agency, covering a wide range of topics including news, politics, business, technology, sports, entertainment, and lifestyle. She focuses on delivering clear, accurate, and reader-focused reporting that helps audiences stay informed about current events and important developments. Her work emphasizes useful information, balanced coverage, and stories that matter to everyday readers, making complex topics accessible and relevant.
