European stock markets are slightly strengthening just over an hour before closing. Milan is up 0.3% at its highest level since May 2008. The best performer is Frankfurt. Today’s slightly positive data on consumer confidence in the Eurozone and the first inflation data for March are driving the market. In Spain, inflation has increased from 2.8% to 3.2%, slightly higher than expected. Italy’s inflation data will be announced on Friday. MPS is in the spotlight on Piazza Affari, starting the day down 3% but now around -0.75% after news that the Treasury has placed a 12.5% stake in the company at a 2.5% discount compared to yesterday’s closing price, explaining the price adjustment. On Wall Street, there is a positive opening, but the Nasdaq is roughly flat. Gamestop is down 16% after reporting disappointing profits in the fourth quarter due to decreased holiday sales.
Milan’s stock market is at its highest level since May 2008, gaining 0.3% in the last trading session. The positive news on consumer confidence in the Eurozone and the slightly higher than expected inflation rate in Spain are supporting the market. Italy will release its inflation data on Friday, adding more information for investors to consider. MPS is under scrutiny as the Treasury has sold a 12.5% stake at a discount, affecting the company’s stock price. Meanwhile, on Wall Street, there is a positive opening, but Gamestop is down 16% due to disappointing profits in the fourth quarter.
The European stock markets are showing slight strengthening towards the end of the trading day, with Milan up 0.3% and at the highest level since May 2008. The positive news on consumer confidence in the Eurozone and higher-than-expected inflation in Spain are contributing to the market’s performance. Italy’s inflation data is eagerly awaited on Friday, providing further insight for investors. MPS is in focus as the Treasury has placed a 12.5% stake at a 2.5% discount, impacting the stock price. On Wall Street, the opening is positive, but Gamestop is down 16% due to disappointing earnings in the last quarter.
Milan’s stock market is seeing a slight increase, reaching its highest level since May 2008 with a 0.3% gain. Positive news on consumer confidence in the Eurozone and higher inflation in Spain are driving the market. Italy’s inflation data will be released on Friday, providing more information for investors. MPS is in the spotlight following news of the Treasury selling a 12.5% stake at a discount, leading to a price adjustment. Wall Street has opened positively, but Gamestop is down 16% after reporting disappointing earnings in the last quarter.
European stock markets are slightly strengthening towards the end of the trading day, with Milan up 0.3% and at its highest level since May 2008. Positive data on consumer confidence in the Eurozone and higher-than-expected inflation in Spain are driving the market. Italy’s inflation data will be announced on Friday, giving investors more information to consider. MPS is a focal point as the Treasury sells a 12.5% stake at a discount, impacting the stock price. On Wall Street, there is a positive opening, but Gamestop is down 16% due to weak profits in the last quarter.
Milan’s stock market is experiencing a slight increase, reaching its highest level since May 2008 with a 0.3% gain. Positive news on consumer confidence in the Eurozone and higher inflation in Spain are influencing market performance. Italy’s inflation data will be released on Friday, providing further information for investors. MPS is under the spotlight as the Treasury sells a 12.5% stake at a discount, affecting the company’s stock price. On Wall Street, there is a positive opening, but Gamestop is down 16% after reporting disappointing earnings in the last quarter.
