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European bourses flatline. Milan in the red
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EUR / USD broadly maintains the previous session's levels, with a change of only +0.21%. Gold is in positive terrain, earning +0.73%. Light Sweet Crude Oil trades with a fractional gain of 0.33%.
The Spread puts on 3 basis points to +156 BPs, with the Italy Government Bond 10-year yield at +4.03%.
Among the European indices, Frankfurt trades firm at +0.14%, London slips just under the flatline with a -0.28% decrease, and Paris contracts moderately by -0.48%.
The Milan stock market looks weak, with the FTSE MIB trading -0.52% lower: the Milan Stock Exchange main index thereby cements its negative run, with three consecutive declines recorded since last Tuesday; similarly, the FTSE Italia All-Share is trading just below the previous session's levels, at 35,551 points.
The FTSE Italia Mid Cap lacks direction (-0.07%); similarly, the FTSE Italia Star is practically unchanged (+0.07%).
Brunello Cucinelli (+4.12%), Saipem (+0.79%), ENI (+0.74%) and Mediobanca (+0.54%) among the top performers in Milan.
Stellantis reports the heaviest losses, currently suffering from a -3.93% down.
Campari is down, with a net loss of 2.69%.
MPS Bank is subdued, shedding -1.35%.
Recordati falls just below its previous value.
D'Amico (+3.09%), CIR (+1.92%), Danieli & C (+1.83%) and SOL (+1.71%) are among Italy's top mid-cap stocks.
Ferragamo sees the heaviest sell-offs, now trading -9.42% lower.
Ariston Holding is firmly in the red, showing a fall of 3.31%.
Industrie De Nora trades negative, losing -2.31%.
Technoprobe plunges -1.72%.
(Teleborsa) 06-27-2024 01:00 PM