A grim day for European equity. Milan in the red
(Teleborsa) - The major European bourses are all in the doldrums. The Milanese stock exchange is also down, but experiences less severe losses. Selling prevails on the US markets as the S&P-500 takes a dip.EUR / USD is essentially stable at previous levels, finishing at 1.117. Gold is on the plus side, showing a +1.44% increase. Investors sell as Light Sweet Crude Oil slides to 70.94 dollars per barrel.
The Spread retraces its steps, dipping -1.52% to +130 basis points, while the Italy 10-year BTP yield is at +3.5%.
Among the European indices, investors are selling as Frankfurt records a -1.49% fall, London shows a negative session -1.19% down, and Paris nosedives by -1.51%.
Piazza Affari has a negative session, with the FTSE MIB shedding -0.83%; similarly, the FTSE Italia All-Share loses -0.89%, finishing the session at 35,883 points.
The FTSE Italia Mid Cap plummets (-1.61%); on the same trend direction, the FTSE Italia Star closes downbeat (-1.71%).
Italgas (+1.41%), Terna (+1.36%), Hera (+1.08%) and Intesa Sanpaolo (+0.60%) among the best performing blue chips in Piazza Affari.
Iveco reports the heaviest losses, ending the session -6.41% down.
Investors flee as Telecom Italia is down by a massive -5.92%.
Brunello Cucinelli dives -5.19%.
Moncler collapses (-5.18%).
Acea (+2.21%), Ascopiave (+1.58%) and Mondadori (+0.61%) are among Italy's top mid-cap stocks.
Ferragamo sees the heaviest sell-offs, finishing trade -6.18% lower.
Ariston Holding reels under sharp sell-offs as it declines -5.67%.
An ugly performance for MFE B, which registers a -5.27% loss.
A black day for MFE A, which sheds -5.27%.
(Teleborsa) 20-09-2024 18:02