Piazza Affari sees buying frenzy, Europe bourses also up

(Teleborsa) - The Milanese bourse outshines the major European markets, which also gain. Wall Street edges up, with the S&P-500 recording a +0.53% rise.

EUR / USD is essentially stable at previous levels, finishing at 1.091. Gold creeps up +0.68%. Light Sweet Crude Oil is firmly bullish (+2.13%), reaching 67.66 dollars per barrel.

The Spread flatlines, remaining at +108 basis points, while the Italian ten-year BTP is at +3.94%.

Among the markets of the Old Continent, Frankfurt dazzles with a +1.56% surge, London lacks momentum in this session, reflected in a moderate gain of 0.53%, and Paris makes fairly pedestrian progress (+0.59%).

The Milan stock exchange soars as the FTSE MIB gains +1.61%. *, putting an end to the bearish streak of three consecutive drops since last Friday; similarly, the FTSE Italia All-Share has a splendid session, finishing at 40,543 points.

The FTSE Italia Mid Cap puts in a good performance (+1.29%); on the same line, the FTSE Italia Star is up +1.2%.

Saipem (+5.85%), Prysmian (+5.83%), MPS Bank (+4.19%) and Unicredit (+3.08%) among the top performers in Milan.

ERG has the worst performance, closing -7.08% down.

Amplifon plunges -1.69% on intense selling.

Investors are selling as Campari records a -1.66% fall.

Italgas falls just below its previous value.

D'Amico (+8.28%), Ariston Holding (+6.58%), Buzzi (+5.74%) and GVS (+5.47%) top the ranks of Milan's mid-caps.

OVS has the worst performance, closing -4.96% down.

Ferragamo shows a negative session -3.64% down.

Troubled Pharmanutra falls -3.05%.

Alerion Clean Power is down, with a net loss of 2.70%.

(Teleborsa) 12-03-2025 18:02