Milan posts moderate gains

(Teleborsa) - Piazza Affari is slightly up, on a par with the major European bourses. Meanwhile on Wall Street the S&P-500 marks a +0.21% gain.

EUR / USD trades fractionally lower in this session, shedding -0.25% so far. Gold trades slightly up at 2,638.7 dollars per ounce. Light Sweet Crude Oil is firmly in the red as it tumbles -1.33% to trade at 67.39 dollars per barrel.

The Spread is broadly on the previous day's level as it settles at +116 basis points, while the Italy ten-year BTP is at +3.2%.

Among the markets of the Old Continent, stagnant Frankfurt trades to a near stalemate, London drifts -0.49% lower, and Paris's +1.31% surge cheers investors.

The Milanese stock exchange closes slightly higher, with the FTSE MIB rising +0.36% to 34,750 points, continuing its bullish run of seven consecutive gains since on November 28, Thursday; similarly, the FTSE Italia All-Share edges higher to end at 36,958 points.

The FTSE Italia Mid Cap inches up +0.24%; similarly, the FTSE Italia Star closes just above the flatline (+0.5%).

Moncler (+4.96%), Stellantis (+3.19%), Campari (+2.69%) and Finecobank (+2.25%) among the best performing blue chips in Piazza Affari.

Tenaris sees the heaviest sell-offs, finishing trade -2.96% lower.

Bper is down, with a net loss of 2.84%.

Saipem is firmly in the red, showing a fall of 2.05%.

Unipol totters along with a modest -1.34% decline.

Digital Value (+7.03%), Ferragamo (+3.85%), Danieli & C (+3.04%) and OVS (+2.74%) top the ranks of Milan's mid-caps.

D'Amico sees the heaviest sell-offs, finishing trade -2.64% lower.

Ferretti trades negative, losing -1.93%.

Mondadori plunges -1.82%.

A sluggish day for Banca Ifis, which drops -1.23%.

(Teleborsa) 12-06-2024 06:02 PM