Selling prevails in Piazza Affari and the other European markets
(Teleborsa) - Indices in Milan and the other major European bourses all trade negative.EUR / USD creeps higher, showing a +0.39% rise. Gold is in positive terrain, earning +0.71%. Light Sweet Crude Oil continues to trade sideways, registering a +0.26% change.
The Spread is substantially lower, falling -7 basis points to +118 BPs, with the Italian 10-year BTP yield at +3.43%.
Among the major European bourses, Frankfurt is sluggish, declining marginally (-0.43%), London lacks momentum, trading with a +0.09% change, and troubled Paris falls -1.02%.
In Milan, the FTSE MIB slides -0.79% to 32,907 points, continuing its downward trajectory that has seen three consecutive drops since last Monday; similarly, investors sell as the FTSE Italia All-Share slides to 35,063 points.
The FTSE Italia Mid Cap is slightly lower (-0.33%); the FTSE Italia Star trades sideways (-0.1%).
MPS Bank (+1.95%), Banco Bpm (+0.89%), Pirelli & C (+0.81%) and Saipem (+0.67%) among the best performing blue chips in Piazza Affari.
Stellantis sees the heaviest sell-offs, now trading -2.67% lower.
Stmicroelectronics is down, with a net loss of 2.60%.
Generali is firmly in the red, showing a fall of 2.45%.
Iveco trades negative, losing -2.37%.
Digital Value (+15.09%), Carel Industries (+1.81%), Moltiply Group (+1.58%) and Alerion Clean Power (+1.28%) are among Italy's top mid-cap stocks.
Ferretti reports the heaviest losses, currently suffering from a -3.00% down.
Buzzi plunges -2.06%.
LU-VE Group declines by a notable -1.86%.
Ferragamo is struggling, -1.81% down.
(Teleborsa) 11-27-2024 01:00 PM