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 (-0.23%). Gold is essentially stable at previous levels, finishing at 2,656.2 dollars per ounce. A day to forget for Light Sweet Crude Oil as it retraces -2.42% to trade at 73.73 dollars per barrel.
The Spread (the difference between the Italian BTP and German Bund yields) drops to +133 basis points, down -6 BPs from its previous level, with the Italy 10-year BTP yield at +3.54%.
Among the markets of the Old Continent, stagnant Frankfurt trades to a near stalemate, London is stuck at the previous session's levels, and Paris contracts moderately by -0.38%.
The Milanese stock exchange enjoys timid gains as the FTSE MIB exhibits +0.34% up, continuing its run after four consecutive rises, which began last Wednesday; similarly, the FTSE Italia All-Share crawls up to 36,571 points.
The FTSE Italia Mid Cap trades sideways (+0.13%), as the FTSE Italia Star lacks direction (-0.12%).
Leonardo (+1.81%), Ferrari (+1.66%), Recordati (+1.62%) and A2A (+1.54%) top the ranks of Milan's large-caps.
Amplifon has the worst performance, with a -1.46% down.
MPS Bank is subdued, shedding -1.24%.
Moncler falls just below its previous value.
Brunello Cucinelli is sluggish, declining marginally (-1%).
CIR (+5.10%), Digital Value (+2.81%), Technogym (+2.74%) and Caltagirone (+1.40%) are among the big players in the FTSE Italia Mid Cap index.
Ferragamo reports the heaviest losses, currently suffering from a -2.77% down.
El.En is firmly in the red, showing a fall of 2.34%.
Ariston Holding is modestly down, shedding -1.06%.
Alerion Clean Power drifts -1.02% lower.
(Teleborsa) 10-14-2024 01:00 PM