Milan sinks as Europe drifts lower
(Teleborsa) - A truly dismal session for the Italian Borsa, amid a Europe-wide downslide, as market sentiment remains negative.EUR / USD holds its position at 1.048. Gold is just below the flatline as it slips -0.44%. Light Sweet Crude Oil is largely stable at 69.07 dollars per barrel.
The Spread steps up to add 2 basis points, reaching +128 BPs, with the BTP 10-year yield at +3.47%.
Among the major European bourses, Frankfurt is modestly down, shedding -0.64%, London drifts -0.48% lower, and investors hurry to sell as Paris declines -0.8%.
A dismal day for the Borsa Italiana as the FTSE MIB declines -1.15%; similarly, the FTSE Italia All-Share loses -1.08% to trade at 35,221 points.
The FTSE Italia Mid Cap declines -0.87%; similarly, the FTSE Italia Star is in the red (-0.87%).
Generali (+1.50%), Leonardo (+0.76%) and MPS Bank (+0.72%) among the best performing blue chips in Piazza Affari.
Stellantis has the worst performance, with a -5.51% down.
Pirelli & C plunges -3.58% on intense selling.
Investors are selling as Iveco records a -2.42% fall.
DiaSorin shows a negative session -2.28% down.
Ascopiave heads the list of FTSE Italia Mid Cap stocks, gaining +0.9%.
Ariston Holding has the worst performance, with a -7.95% down.
Troubled Digital Value falls -2.82%.
Ferragamo is down, with a net loss of 2.60%.
Zignago Vetro is firmly in the red, showing a fall of 2.53%.
(Teleborsa) 11-26-2024 09:30 AM