Italy FTSE MIB sees mixed trend with top gainer TrenDevice SpA and top loser Softec SpA
The market is seeing a mixed trend today, with 1 sector advancing while 1 sector is declining. The top losing sector is the Italy FTSE MIB, which is down by 0.24%. This is reflected in the advance-decline ratio of 114 advances and 188 declines, with a ratio of 0.61x.
The Italy FTSE MIB Caps is also experiencing a decline of 0.24%. However, there are some companies that are bucking the trend and seeing gains. TrenDevice SpA is the top gainer with an impressive 27.27% increase, followed by Bastogi SpA with 12.79% and Iervolino & Lady Bacardi Entertainment SpA with 11.20%.
On the other hand, there are also some companies that are facing losses. Softec SpA is the top loser with a decrease of 13.33%, followed by Exprivia SpA with 12.14% and sostravel.com SpA with 10.84%.
In terms of market capitalization, SNAM SpA is the top large cap gainer with a 0.64% increase, while Infrastrutture Wireless Italiane SpA is the top mid cap gainer with a 0.70% increase. Saipem SpA is the top small cap gainer with a 2.17% increase. On the other hand, Leonardo SpA is the top large cap loser with a 0.60% decrease, followed by Technoprobe SpA with a 0.83% decrease and Iveco Group NV with a 2.00% decrease.
Overall, the Italy FTSE MIB is currently trading at 35,980.43 with a loss of 87.14 points or 0.24%. Investors will be keeping a close eye on the market to see how it performs in the coming days.