European bourses mixed. Milan in the red
(Teleborsa) - The Milanese stock exchange closes negative, while markets elsewhere in Europe cling to the flatline. Wall Street stocks are substantially weaker, with the S&P-500 registering a decrease of 0.37%.There is no significant change for EUR / USD which, at 1.057, is traded around previous levels. Gold trades up, advancing to 2,668.3 dollars per ounce. A day of solid gains for Light Sweet Crude Oil, which is up +1.92%.
The Spread improves significantly, decreasing -11 basis points to +105 BPs, with the Italian 10Y BTP yield at +3.18%.
Among the major European bourses, it's a stalemate for Frankfurt, which is trading around the flatline, London edges higher, showing an increase of 0.52%, and Paris is firmly in the black, progressing +0.72%.
The Milanese stock market has a weak session, with the FTSE MIB closing -0.55% down, snapping the seven-day winning streak, which began on November 28, Thursday; similarly, the FTSE Italia All-Share comes under sell-off pressure as it closes at 36,773 points.
The FTSE Italia Mid Cap holds the line (-0.12%); the FTSE Italia Star is only just in the black (+0.22%).
Moncler (+3.15%), Banco Bpm (+2.24%), Tenaris (+2.24%) and Brunello Cucinelli (+2.01%) among the best performing blue chips in Piazza Affari.
Leonardo sees the heaviest sell-offs, finishing trade -4.77% lower.
A black day for Prysmian, which sheds -4.19%.
Troubled Iveco falls -3.26%.
Terna is down, with a net loss of 1.86%.
Ferragamo (+6.70%), Digital Value (+6.37%), Tinexta (+4.04%) and Piaggio (+3.35%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Italmobiliare has the worst performance, closing -2.55% down.
Juventus is firmly in the red, showing a fall of 2.41%.
Buzzi trades negative, losing -1.99%.
Comer Industries plunges -1.95%.
(Teleborsa) 12-09-2024 06:02 PM