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 is slightly down at 1.085. Gold trades slightly up at 2,946.6 dollars per ounce. Light Sweet Crude Oil trades fractionally lower in this session, shedding -0.51% so far.

The Spread flatlines, remaining at +109 basis points, while the Italian ten-year BTP is at +3.96%.

Among the European indices, Frankfurt declines by a notable -0.87%, London essentially treads water (-0.1%), and Paris is modestly down, shedding -0.37%.

Piazza Affari slips fractionally as the FTSE MIB sheds -0.35%; similarly, the FTSE Italia All-Share is trading just below the previous session's levels, at 40,422 points.

The FTSE Italia Mid Cap holds the line (-0.03%); the FTSE Italia Star hovers just below the flatline (-0.56%).

Among Italy's best performing large-caps, ERG secures a tidy +2.15% gain.

MPS Bank rises +2.04% on positive cues.

Leonardo is in good fettle with a +1.83% increase.

Brunello Cucinelli is in good shape, advancing +1.65%.

Campari sees the heaviest sell-offs, now trading -3.21% lower.

Stmicroelectronics is struggling, -2.6% down.

Stellantis suffers losses of 1.99%.

Investors hurry to sell as Saipem declines -1.68%.

Alerion Clean Power (+9.46%), Intercos (+2.35%), Juventus (+2.20%) and Ferragamo (+2.19%) top the ranks of Milan's mid-caps.

Tinexta has the worst performance, with a -3.88% down.

Buzzi plunges -2.46% on intense selling.

Investors are selling as Ariston Holding records a -2.36% fall.

Sanlorenzo shows a negative session -2.35% down.

(Teleborsa) 03-13-2025 01:00 PM