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 1.086. Gold trades down -0.29% in a weak session. Caution prevails in the oil market, with Light Sweet Crude Oil registering a slight decline of +0.04%.
The Spread is sharply lower at +121 basis points (-7 BPs), while the Italian 10-year BTP yield is at +3.67%.
Among the European markets, Frankfurt is modestly down, shedding -0.48%, London drifts -0.5% lower, and Paris totters along with a modest -0.53% decline.
The Milan stock market looks weak, with the FTSE MIB trading -0.44% lower, extending its bearish run of three consecutive declines, which started last Tuesday; similarly, the FTSE Italia All-Share comes under sell-off pressure as it retreats to 36,468 points.
The FTSE Italia Mid Cap is slightly lower (-0.22%); on the same line, the FTSE Italia Star eases -0.37%.
Stellantis leads the FTSE MIB with solid gains, registering +0.9%.
Amplifon sees the heaviest sell-offs, now trading -2.12% lower.
A sluggish day for Unipol, which drops -1.46%.
Brunello Cucinelli trades with a small loss of -1.24%.
Tottering Hera dips -1.22%.
Pharmanutra (+1.80%), Ascopiave (+1.42%), Ferragamo (+0.97%) and Maire (+0.80%) top the ranks of Milan's mid-caps.
Juventus has the worst performance, with a -4.65% down.
Caltagirone trades negative, losing -1.97%.
Philogen is definitely weaker with a -1.48% decrease.
Acea slips just under the flatline with a -1.4% decrease.
(Teleborsa) 10-31-2024 09:30 AM