Dramatic losses in Milan
(Teleborsa) - A dramatic session at the Borsa Italiana, which trades with heavy losses. The other European bourses are sharply down.EUR / USD is essentially stable at previous levels, finishing at 1.062. Gold trades fractionally lower in this session, shedding -0.54% so far. Oil prices are essentially stable, with Light Sweet Crude Oil trading sideways at 85.55 dollars per barrel.
The Spread crawls up 2 basis points to +142 BPs, with the Italy BTP 10-year yield at +3.84%.
Among the major European bourses, investors hurry to sell as Frankfurt declines -1.3%, London plunges -1.15% on intense selling, and investors are selling as Paris records a -1.34% fall.
The Milanese stock exchange goes into red amid broad selling pressure, with the FTSE MIB witnessing a -1.42% decline; similarly, the FTSE Italia All-Share loses -1.39% to trade at 35,607 points.
The FTSE Italia Mid Cap descends -1.18%; on the same trend direction, the FTSE Italia Star trades negative (-1.08%).
In Piazza Affari, all large-cap stocks record losses.
Banca Popolare Sondrio has the worst performance, with a -2.64% down.
Stellantis shows a negative session -2.36% down.
Troubled Unicredit falls -2.27%.
Stmicroelectronics is down, with a net loss of 2.11%.
It is a thoroughly negative session for all FTSE Italia Mid Cap stocks.
Juventus reports the heaviest losses, currently suffering from a -3.69% down.
Intercos is firmly in the red, showing a fall of 3.35%.
Digital Value trades negative, losing -3.13%.
Zignago Vetro plunges -2.23%.
(Teleborsa) 04-16-2024 09:30 AM