European equity in the red. Milan also down
(Teleborsa) - It looks like a gloomy day for Piazza Affari and Europe's other major bourses.There is no significant change for EUR / USD which, at 1.104, is traded around previous levels. Gold is slightly down at 2,649.6 dollars per ounce. Light Sweet Crude Oil meanders around the flatline, settling at 71.11 dollars per barrel.
The Spread remains unchanged at +133 basis points, while the Italy ten-year BTP is at +3.45%.
Among the European markets, Frankfurt totters along with a modest -0.55% decline, London goes nowhere, reporting a +0.2% change, and a sluggish day for Paris, which drops -0.68%.
Piazza Affari slips fractionally as the FTSE MIB sheds -0.48%, extending its bearish run of four consecutive declines, which started last Monday; similarly, the FTSE Italia All-Share comes under sell-off pressure as it retreats to 35,667 points.
The FTSE Italia Mid Cap holds the line (-0.05%); on the same line, the FTSE Italia Star holds previous levels (-0.02%).
Telecom Italia (+2.47%), Bper (+0.94%), Iveco (+0.75%) and Banca Popolare Sondrio (+0.75%) among the top performers in Milan.
Stellantis sees the heaviest sell-offs, now trading -3.09% lower.
Saipem declines by a notable -1.84%.
Moncler is struggling, -1.53% down.
Stmicroelectronics trades with a small loss of -1.48%.
Philogen (+2.02%), Sesa (+1.14%), Pharmanutra (+1.07%) and Comer Industries (+0.90%) top the ranks of Milan's mid-caps.
Safilo sees the heaviest sell-offs, now trading -1.83% lower.
Ferragamo suffers losses of 1.59%.
Tottering Moltiply Group dips -1.36%.
D'Amico is definitely weaker with a -1.2% decrease.
(Teleborsa) 10-03-2024 09:30 AM