European equity in the red. Milan also down
(Teleborsa) - It looks like a gloomy day for Piazza Affari and Europe's other major bourses.EUR / USD holds its position at 1.09. Gold creeps up +0.54%. Light Sweet Crude Oil loses -0.78%, changing hands at 81.27 dollars per barrel.
The Spread flatlines, remaining at +130 basis points, while the Italian ten-year BTP is at +3.73%.
Among the markets of the Old Continent, a sluggish day for Frankfurt, which drops -0.31%, London is basically unchanged, reporting a scant -0.16% variation, and Paris trades with a small loss of -0.38%.
Caution prevails in Milan as the FTSE MIB registers a marginal drop of -0.37%; similarly, the FTSE Italia All-Share loses -0.32% to trade at 36,512 points.
The FTSE Italia Mid Cap holds previous levels (+0.11%); the FTSE Italia Star is below the flatline, slipping -0.28%.
Finecobank (+2.89%) and Pirelli & C (+0.57%) top the ranks of Milan's large-caps.
Ferrari reports the heaviest losses, currently suffering from a -1.90% down.
Amplifon plunges -1.82%.
Tottering Moncler dips -1.3%.
Brunello Cucinelli is definitely weaker with a -1.22% decrease.
D'Amico (+1.13%), Banca Generali (+1.09%), Juventus (+0.94%) and Fincantieri (+0.80%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Alerion Clean Power sees the heaviest sell-offs, now trading -1.90% lower.
Comer Industries slips just under the flatline with a -0.89% decrease.
Italmobiliare contracts moderately by -0.84%.
Sanlorenzo is subdued, shedding -0.64%.
(Teleborsa) 07-16-2024 09:30 AM