Piazza Affari is trading slightly lower in late morning deals, tracking the cautious sentiment across European markets following yesterday’s sharp rally. <\/p>\n
Investors are struggling to navigate the international landscape, weighing hopes for a resumption of US-Iran talks in Pakistan against fears over the war’s impact on the global economy, underscored by the International Monetary Fund’s somber forecasts.<\/p>\n
\n By 11:55 CET, the FTSE Mib index was down 0.1% on turnover of approximately 1.2 billion euros.<\/p>\n
\n Stock highlights:<\/p>\n
\n ** STELLANTIS (+2.8%) is in the spotlight, extending its recovery from recent lows supported by this morning’s first-quarter delivery growth data. According to Equita, while the increase benefited from a favorable year-on-year comparison, it nonetheless exceeded expectations. <\/p>\n
\n ** Banks are largely flat, though MPS (+2.2%) is outperforming as the bank holds its annual general meeting to appoint a new board.<\/p>\n
\n ** Luxury names are under pressure, with FERRAGAMO and MONCLER shedding 1.5% and 1.6% respectively, following a slump in Hermes and weakness in Kering after its quarterly results.<\/p>\n
\n ** Energy stocks are soft, led by a nearly 2% decline in SAIPEM, as crude prices remain stable below 100 dollars per barrel.<\/p>\n
\n (Claudia Cristoferi, editing Stefano Bernabei)<\/p>\n","protected":false},"excerpt":{"rendered":"Piazza Affari is trading slightly lower in late morning deals, tracking the cautious sentiment across European markets following…\n","protected":false},"author":2,"featured_media":2796,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[1210,103],"class_list":{"0":"post-2795","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stellantis","8":"tag-markets","9":"tag-stellantis"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/2795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/comments?post=2795"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/2795\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media\/2796"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media?parent=2795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/categories?post=2795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/tags?post=2795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}