Piazza Affari passes the mid-session mark, fluctuating around parity (FTSE MIB +0.2%), in line with the other European stock exchanges which range from the rise of 0.6% in Amsterdam to the decline of 0.7% in Paris, where they weigh always Dassault (-10%) and Bnp Paribas (-7%) after the quarterly accounts.
Markets await the flurry of macroeconomic data from the US, including jobless claims, and central banks' guidance on rate cuts, after the Bank of England confirmed those on the pound as expected.
The spread between 10-year BTPs and Bunds has returned to the levels at the start of the session at 155 basis points, with gas instead falling by 3% below 30 euros per megawatt hour.
On the Milan Stock Exchange, Ferrari stands out among the main stocks, rising by 5% to 341 euros after accounts that confirmed a year-end with a net profit of 1.25 billion, up 34% on 2022.
Tim confirms an increase of around one percentage point after the Mef presented the offer for the purchase of 100% of Sparkle within the scheduled time, while Hera, Enel and A2a gave up more than 2%.
Reproduction reserved © Copyright ANSA