Markets weak, but Milan avoids sell-offs
(Teleborsa) - European bourses are trading on a downward note, while Piazza Affari resists the downdraft.EUR / USD is essentially stable, finishing at 1.055. Gold is essentially stable at 2,661.9 dollars per ounce. Light Sweet Crude Oil is largely stable at 68.29 dollars per barrel.
The Spread touches +108 basis points, a 3 BPs increase over its previous level, with the Italy BTP 10Y yield at +3.22%.
Among the major European bourses, Frankfurt reports no significant price changes in the absence of fresh cues, London drifts -0.45% lower, and Paris totters along with a modest -0.39% decline.
The Milanese stock market is moving sideways, with the FTSE MIB registering a -0.16% change; similarly, no shame no gain for the FTSE Italia All-Share as it trades flat at 36,735 points.
The FTSE Italia Mid Cap is practically unchanged (+0.01%); similarly, the FTSE Italia Star holds the line (-0.14%).
Among Italy's best performing large-caps, a positive result for Telecom Italia, which inches up +1.03%.
DiaSorin is essentially healthy, gaining +1.01%.
Leonardo is modestly up (+0.72%).
A2A records a fairly pedestrian increase of +0.51%.
Saipem has the worst performance, with a -0.92% down.
A sluggish day for ENI, which drops -0.7%.
Unipol trades with a small loss of -0.68%.
Tottering Snam dips -0.68%.
Digital Value (+4.83%), SOL (+3.94%), LU-VE Group (+1.27%) and Juventus (+0.81%) are among Italy's top mid-cap stocks.
GVS reports the heaviest losses, currently suffering from a -1.26% down.
D'Amico is definitely weaker with a -0.97% decrease.
Tinexta slips just under the flatline with a -0.93% decrease.
Marr contracts moderately by -0.79%.
(Teleborsa) 12-10-2024 09:30 AM