Dramatic losses in Milan
(Teleborsa) - A dramatic session at the Borsa Italiana, which closes with heavy losses. The other European bourses are sharply down. Meanwhile, on Wall Street the S&P-500 remains just above the no-change mark.EUR / USD is essentially stable at previous levels, finishing at 1.086. Gold loses -1.45% to stand at 2,363.1 dollars per ounce. Light Sweet Crude Oil looks bullish as it advances to 78.12 dollars per barrel.
The Spread remains unchanged at +138 basis points, while the Italy ten-year BTP is at +3.77%.
Among the markets of the Old Continent, Frankfurt totters along with a modest -0.47% decline, London makes fairly pedestrian progress (+0.4%), and Paris trades negative, losing -1.15%.
In Milan, Piazza Affari closes sharply down, with the FTSE MIB witnessing a -2.03% drop; similarly, the FTSE Italia All-Share ends the session down at 35,974 points amid massive sell-offs.
The FTSE Italia Mid Cap spirals down (-1.32%); on the same trend direction, the FTSE Italia Star is badly hit (-2.17%).
ERG (+2.17%), Terna (+2.03%), Moncler (+1.87%) and Campari (+1.51%) among the best performing blue chips in Piazza Affari.
Stmicroelectronics has the worst performance, closing -13.75% down.
Stellantis nosedives by -8.69%.
Investors flee as Iveco is down by a massive -7.61%.
Interpump Group dives -7.46%.
Banca Generali (+1.90%), Ascopiave (+1.24%), Acea (+1.12%) and Banca Ifis (+0.76%) are among the big players in the FTSE Italia Mid Cap index.
Technoprobe sees the heaviest sell-offs, finishing trade -5.56% lower.
Danieli & C collapses (-4.92%).
El.En plunges -3.47%.
Maire declines by a notable -3.37%.
(Teleborsa) 07-25-2024 06:02 PM