Selling prevails in Piazza Affari and the other European markets
(Teleborsa) - Indices in Milan and the other major European bourses all trade negative On the US market, the S&P-500 is in fairly positive terrain.EUR / USD trades fractionally lower in this session, shedding -0.5% so far. Gold trades fractionally lower in this session, shedding -0.58% so far. Light Sweet Crude Oil loses -1.5%, changing hands at 71.28 dollars per barrel.
The Spread sees a slight drop, falling to +128 basis points, while the Italy 10-year BTP yield stands at +3.67%.
Among the European markets, Frankfurt trades negative, losing -0.79%, London plunges -0.82%, and Paris declines by a notable -1.06%.
In Milan, the FTSE MIB slides -0.74% to 33,730 points; similarly, the FTSE Italia All-Share loses -0.71% to trade at 35,881 points.
The FTSE Italia Mid Cap hovers just below the flatline (-0.33%), as the FTSE Italia Star spirals down (-1.04%).
MPS Bank (+3.38%), Pirelli & C (+2.98%), Saipem (+2.37%) and Inwit (+1.88%) among the best performing blue chips in Piazza Affari.
Unipol has the worst performance, with a -6.20% down.
Stellantis reels under sharp sell-offs as it declines -4.56%.
An ugly performance for Bper, which registers a -4.25% loss.
A black day for Iveco, which sheds -4.14%.
Juventus (+3.31%), Technoprobe (+2.35%), Ariston Holding (+1.62%) and ENAV (+1.19%) are among Italy's top mid-cap stocks.
Tinexta has the worst performance, with a -9.32% down.
Carel Industries is in free fall, diving -5.79%.
D'Amico drops like a stone, recording a -4.32 percent decline.
Ferragamo is struggling, -3.05% down.
(Teleborsa) 11-08-2024 04:00 PM