Timid gains in Milan
(Teleborsa) - The Milan stock exchange is trading slightly higher, while the rest of Europe flatlines.Caution prevails as EUR / USD continues the session slightly lower (-0.21%). There is no significant change for gold which, at 2,661.2 dollars per ounce, is traded around previous levels. Light Sweet Crude Oil loses -1.26%, changing hands at 74.61 dollars per barrel.
The Spread is firmly down, shedding -11 basis points to settle at +128 BPs, with the Italian 10-year BTP yield at +3.54%.
Among the markets of the Old Continent, Frankfurt records a fairly pedestrian increase of +0.33%, London reports no significant price changes in the absence of fresh cues, and Paris falls just below its previous value.
Milan is trading slightly higher, with the FTSE MIB advancing to 34,387 points, while, instead, no shame no gain for the FTSE Italia All-Share as it trades flat at 36,526 points.
The FTSE Italia Mid Cap holds the line (+0.03%); similarly, the FTSE Italia Star holds previous levels (+0.08%).
Among Italy's best performing large-caps, Leonardo forges ahead by +1.96%.
A2A is only just in the black as it climbs a scant +1.3%.
Prysmian lacks momentum in this session, reflected in a moderate gain of 0.82%.
Ferrari makes fairly pedestrian progress (+0.75%).
Moncler sees the heaviest sell-offs, now trading -1.06% lower.
Brunello Cucinelli is sluggish, declining marginally (-0.95%).
CIR (+4.57%), Digital Value (+1.93%), Technoprobe (+1.28%) and The Italian Sea Group (+0.97%) are among the big players in the FTSE Italia Mid Cap index.
Ferragamo sees the heaviest sell-offs, now trading -1.95% lower.
Moltiply Group is modestly down, shedding -1.48%.
MFE B drifts -1.32% lower.
GVS totters along with a modest -0.9% decline.
(Teleborsa) 10-14-2024 09:30 AM