Piazza Affari in good shape, but Europe cautious
(Teleborsa) - Market reports highlight the wary mood permeating the Old Continent, with the exception of the Milan exchange, which is trading slightly higher.EUR / USD is essentially stable, finishing at 1.077. Gold is slightly up at 2,316.6 dollars per ounce. Light Sweet Crude Oil rises +0.73% to 78.68 dollars per barrel.
The Spread sees a small decrease, losing -2 basis points to stand at +128 BPs, while the Italy BTP 10-year yield settles at +3.73%.
Among the major European bourses, Frankfurt lacks momentum, trading with a +0.17% change, London is essentially flat, offering a scant 0%, and Paris essentially treads water (+0.11%).
In Milan, the FTSE MIB registers a fractional gain of +0.49%, putting an end to the bearish streak of three consecutive drops since last Tuesday; similarly, the FTSE Italia All-Share pushes up to trade at 36,004 points.
The FTSE Italia Mid Cap inches up +0.34%; the FTSE Italia Star trades sideways (-0.02%).
Saipem (+1.96%), Intesa Sanpaolo (+1.85%), Tenaris (+1.47%) and Banca Popolare Sondrio (+1.47%) top the ranks of Milan's large-caps.
Amplifon sees the heaviest sell-offs, now trading -0.82% lower.
Stellantis is subdued, shedding -0.66%.
Brunello Cucinelli falls just below its previous value.
D'Amico (+2.58%), MutuiOnline (+1.43%), BFF Bank (+1.34%) and ENAV (+1.31%) are among Italy's top mid-cap stocks.
Italmobiliare reports the heaviest losses, currently suffering from a -0.63% down.
(Teleborsa) 05-06-2024 09:30 AM