Teleborsa News

A grim day for European equity. Milan in the red

News Image (Teleborsa) - The major European bourses are all in the doldrums. The Milanese stock exchange is also trading lower, but with less severe losses. Selling prevails on the US markets as the S&P-500 takes a dip.

EUR / USD creeps higher, showing a +0.31% rise. Gold climbs to 2,617.6 dollars per ounce, rising +0.91%. A gloomy day for Light Sweet Crude Oil, which is trading at 68.6 dollars per barrel, down -1.13%.

The Spread is at +116 basis points, near the previous day's level, while the ten-year BTP settles at +3.45%.

Among the markets of the Old Continent, Frankfurt is firmly in the red, showing a fall of 0.99%, London trades negative, losing -0.74%, and Paris plunges -0.98%.

Piazza Affari slips fractionally as the FTSE MIB sheds -0.69%; similarly, the FTSE Italia All-Share is slightly down, trading just below the flatline at 35,710 points.

The FTSE Italia Mid Cap eases -0.29%; on the same trend direction, the FTSE Italia Star slips a fraction (-0.48%).

Among Italy's best performing large-caps, ERG advances +1.08%.

Amplifon edges higher, showing an increase of 0.82%.

A positive result for Italgas, which inches up +0.76%.

Pirelli & C is essentially healthy, gaining +0.58%.

Saipem sees the heaviest sell-offs, now trading -6.17% lower.

Telecom Italia declines by a notable -3.59%.

Banca Popolare Sondrio is struggling, -2.07% down.

Iveco suffers losses of 1.98%.

Rai Way (+2.90%), Piaggio (+1.26%), BFF Bank (+1.20%) and Ascopiave (+1.14%) are among the best performing stocks in the FTSE Italia Mid Cap basket.

Cementir sees the heaviest sell-offs, now trading -2.90% lower.

Investors hurry to sell as Buzzi declines -2.36%.

OVS plunges -2.23% on intense selling.

Investors are selling as El.En records a -2.07% fall.

(Teleborsa) 12-20-2024 04:00 PM


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