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Markets weak, but Milan avoids sell-offs
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EUR / USD trades slightly up at 1.093. Gold is trading at previous levels, with a variation of -0.03%. A slightly better session for Light Sweet Crude Oil, as it advances to 81.15 dollars per barrel.
The Spread flatlines, remaining at +130 basis points, while the Italian ten-year BTP is at +3.71%.
Among the European indices, Frankfurt is definitely weaker with a -0.38% decrease, London lacks momentum, trading with a -0.08% change, and Paris slips just under the flatline with a -0.24% decrease.
In Milan, the FTSE MIB is largely stable, trading at 34,385 points; similarly, the FTSE Italia All-Share is trading flat at 36,643 points.
The FTSE Italia Mid Cap eases -0.4%, as the FTSE Italia Star slips a fraction (-0.21%).
A2A (+1.96%), Saipem (+1.48%), Bper (+1.00%) and Intesa Sanpaolo (+0.75%) among the best performing blue chips in Piazza Affari.
Iveco reports the heaviest losses, currently suffering from a -1.44% down.
Amplifon contracts moderately by -1.31%.
Brunello Cucinelli is subdued, shedding -1.29%.
Ferrari falls just below its previous value.
Fincantieri (+4.60%), Ariston Holding (+3.16%), Acea (+2.13%) and Tinexta (+1.88%) are among the best performing stocks in the FTSE Italia Mid Cap basket.
Technoprobe reports the heaviest losses, currently suffering from a -3.55% down.
GVS trades negative, losing -2.25%.
The Italian Sea Group plunges -2.06%.
D'Amico declines by a notable -1.65%.
(Teleborsa) 07-17-2024 01:00 PM