Sell-offs in Piazza Affari. Rest of Europe unmoved

(Teleborsa) - Bulls and bears are in stalemate as the major bourses on the Old Continent trade on the flatline. Trending against them, the Borsa Italiana slides into the red.

EUR / USD broadly maintains the previous session's levels, with a change of only 0%. Gold climbs to 2,655.6 dollars per ounce, rising +0.86%. Light Sweet Crude Oil looks bullish as it advances to 68.09 dollars per barrel.

The Spread retreats to +113 basis points, a decline of 3 BPs, while the Italian BTP 10-year yield is +3.19%.

Among the major European bourses, lacklustre Frankfurt registers almost no change against the previous trading session, London is only just in the black as it climbs a scant +0.42%, and Paris lacks momentum in this session, reflected in a moderate gain of 0.50%.

The Milan stock market looks weak, with the FTSE MIB trading -0.25% lower; similarly, the FTSE Italia All-Share is slightly down, trading just below the flatline at 36,871 points.

The FTSE Italia Mid Cap lacks direction (-0.17%); on the same trend direction, the FTSE Italia Star is practically unchanged (-0.15%).

Moncler (+2.95%), Brunello Cucinelli (+2.22%), Tenaris (+1.99%) and Banco Bpm (+1.92%) among the best performing blue chips in Piazza Affari.

Leonardo sees the heaviest sell-offs, now trading -3.10% lower.

Iveco is down, with a net loss of 2.21%.

Prysmian is firmly in the red, showing a fall of 2.20%.

Recordati trades negative, losing -1.92%.

Ferragamo (+5.99%), Digital Value (+4.72%), Piaggio (+2.11%) and Sanlorenzo (+1.75%) are among Italy's top mid-cap stocks.

Juventus sees the heaviest sell-offs, now trading -3.67% lower.

Reply plunges -1.53%.

Italmobiliare trades with a small loss of -1.46%.

Tottering SOL dips -1.27%.

(Teleborsa) 12-09-2024 01:00 PM