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 is slightly down at 1.033. Gold creeps up +0.67%. Light Sweet Crude Oil looks bullish as it advances to 72.85 dollars per barrel.

The Spread flatlines, remaining at +114 basis points, while the Italian ten-year BTP is at +3.49%.

Among the European indices, Frankfurt trades firm at 0%, London looks composed with modest growth of +0.25%, and investors hurry to sell as Paris declines -0.79%.

The Milan stock market looks weak, with the FTSE MIB trading -0.36% lower; similarly, the FTSE Italia All-Share loses -0.33% to trade at 36,272 points.

The FTSE Italia Mid Cap trades sideways (+0.05%); the FTSE Italia Star gains marginally (+0.39%).

Saipem (+2.59%), ENI (+1.79%), Tenaris (+1.77%) and Inwit (+1.43%) top the ranks of Milan's large-caps.

Bper has the worst performance, with a -3.59% down.

Iveco plunges -2.42% on intense selling.

Investors are selling as Unicredit records a -2.31% fall.

MPS Bank shows a negative session -2.03% down.

D'Amico (+4.84%), The Italian Sea Group (+3.24%), Ariston Holding (+2.55%) and WIIT (+2.17%) top the ranks of Milan's mid-caps.

Credem reports the heaviest losses, currently suffering from a -2.57% down.

Troubled BFF Bank falls -2.17%.

Piaggio is down, with a net loss of 1.74%.

Intercos falls just below its previous value.

(Teleborsa) 01-02-2025 01:00 PM