(Alliance News) - On Wednesday, Piazza Affari is expected to rise by 0.3% or 147.5 points, according to IG futures, while on Tuesday the Mib closed trading down 0.1% at 46,651.72 points. Futures also predict a modest uptick or near stability for other European markets.

The CAC 40 is forecast to increase by 0.1% or 10.5 points, the DAX 40 is seen as virtually unchanged or up by 0.5 points, and the FTSE 100 is expected to rise by 0.4% or 36.9 points.

Among other indexes, last night, the Mid-Cap rose by 0.2% to 59,662.99, the Small-Cap closed just above parity at 36,916.55, and Italy Growth ended in the red, down 0.2% to 8,718.07 points.

At Piazza Affari, at Tuesday's close, among the minority of decliners were several banking stocks. Banca Popolare di Sondrio fell by 2.8% to EUR17.35 per share, following Monday's 0.3% drop.

UniCredit – down 1.3% – on Monday approved the annual financial statements and consolidated accounts as of December 31, with a cash dividend payout of EUR2.57 billion, equal to EUR1.72 per share. UniCredit's net profit amounts to EUR8.12 billion, while on a consolidated basis it reaches EUR10.9 billion. The approval took place during the board meeting ahead of the shareholders' meeting scheduled for March 31.

Ferrari performed strongly, topping the segment with a 4.2% gain to EUR316.50 after two consecutive losing sessions.

STMicroelectronics also showed strength, closing up 1.1% at EUR28.80 per share after a 0.2% loss on Monday.

Stellantis advanced by 1.8% to EUR6.59 per share, following Monday's 1.2% contraction. According to data provided by ACEA on Tuesday, Stellantis sales rose in January in the EU, Iceland, Norway, Switzerland, and the UK. This result contrasts with the overall automotive market in the reference area, which saw a 3.9% drop in registrations.

Enel also gained 1.0% to EUR9.79 per share. Notably, DZ Bank raised its price target to EUR10.90 from EUR10.50, confirming its "buy" recommendation. Barclays, meanwhile, increased its target price to EUR11.00 from EUR10.00, maintaining its "overweight" rating.

Tenaris – up 1.4% – announced it has decided to conclude the second tranche of its buyback plan announced last May. As previously reported by the company, Tenaris had signed an agreement for the buyback with a leading financial institution for the execution of the second USD600 million tranche of its share repurchase program. Since the start of this tranche, the company has acquired 29.3 million of its own ordinary shares, investing USD583.6 million.

On the Mid-Cap segment, Carel Industries climbed 5.3% to EUR23.00 per share after a 1.1% loss on Monday.

Avio advanced 6.0% to EUR36.95 per share. Last Friday, it was noted that U.S. fund PDT Partners increased its short position on the aerospace group from 0.51% to 0.60% of capital. Voleon Capital also raised its short position on the stock, increasing it from 1.00% to 1.15%.

Fiera Milano rose 4.2% to EUR8.44 per share, continuing its bullish streak.

Juventus Football Club – down 0.3% – reported it closed the first half of 2025-2026 with a loss of EUR2.5 million compared to a net profit of EUR16.9 million in the same period last year. First-half revenues amounted to EUR260.6 million, down from EUR291.6 million in the first six months of 2024-2025.

BFF Bank also lost ground, down 6.1%, with its year-to-date loss now exceeding 60%.

On the Small-Cap, SS Lazio advanced 5.8%, marking its third consecutive bullish session. As Francesco Bonazzi explains on Alliance News, "fans want the right-wing entrepreneur and politician to sell the club, but Lotito again denied the existence of offers last Friday. Yesterday, the stock reflected this, pausing. Today, it resumed its run, as if Lotito had not spoken. Who is buying is still unclear, but many shareholders hope for something similar to what happened at Juventus, where Tether snapped up 10% and now wants a say."

The other solution – explains the Alliance News columnist – would be popular shareholding. "A law to encourage this was introduced by Matteo Salvini's Lega and passed in a first reading in the Chamber of Deputies. It is now in the Senate, where a week ago it was blocked not by the opposition, but by Forza Italia. However, the Carroccio's proposal is watered down because it allows fans to enter with no more than 1%, even if with the possibility of having a board member," Bonazzi explains.

"In any case, the bill states, the club must agree. In short, it would be more of a commercial than a substantive operation," Bonazzi concludes in his "Affari in Piazza" column.

Eurogroup Lamination shares rose 2.9%, following Monday's 0.5% gain. The stock – which is estimated on the MarketScreener platform to have a 2025 P/E of 19 times – has lost over 56% of its market cap value since the start of the year.

The board of directors of Industrie De Nora – down 2.3% – approved preliminary results as of December 31, closing the year with adjusted EBITDA of EUR171.8 million, up 9.1% from EUR157.4 million in 2024, and an EBITDA margin of 19.6% compared to 18.2% the previous year. Consolidated revenues reached EUR875 million, up 4.4% at constant exchange rates.

The group generated about EUR115 million in operating cash during the year and reports a positive net financial position, up 29% to EUR87 million.

The Italian Sea Group fell more than 13% to EUR2.18 per share, continuing its downward trend, with the last five sessions down over 48%.

Among SMEs, Datrix advanced 8.3%, marking its third consecutive positive session. The company announced on Tuesday that Bytek, the Group's martech company specializing in Predictive Intelligence and data activation, has joined the Google Cloud Ready - BigQuery program after meeting the requirements for the BI, ML, and Advanced Analytics category.

Friends rose by 3.3% to EUR1.40 per share after a flat session on Monday.

Green Oleo – up 0.8% – reported Monday it closed 2025 with production value of EUR73.3 million, up 1.6% from EUR72.1 million as of December 31, 2024. Revenues fell by 2.1%, penalized by the decline in Italy and only partially offset by growth abroad.

Helyx Industries – down 0.3% – announced Tuesday it had reviewed preliminary consolidated results for 2025, reporting revenues of EUR1.9 million, up 140% from EUR1.0 million in 2024, derived from the sale of products and services from its three divisions: Hyris, Vytro, and Mytho. EBITDA was negative by EUR1.4 million, an improvement over the negative EUR2.7 million recorded the previous year.

In New York, the Dow Jones closed up 0.8% at 49,174 points, the S&P gained 0.8% to 6,890 points, and the Nasdaq rose 1.1% to 24,977 points.

In Asia, the Nikkei traded up 2.2% at 58,591.00, the Hang Seng was up 0.7% at 26,773.50, and the Shanghai Composite rose 0.7% to 4,147.23 points.

On the currency front, the euro is trading at USD1.1806 from USD1.1787 at Tuesday's close of European trading, while the pound is at USD1.3527 from USD1.3532 last night.

Among commodities, Brent is trading at USD71.24 per barrel from USD71.11 per barrel on Tuesday evening, while gold is valued at USD5,190.44 per ounce from USD5,138.45 per ounce last night.

Among the main events on Wednesday's economic calendar, a six-month BOT auction is scheduled in Italy at 1010 CET.

At 1200 CET, U.S. mortgage data will be released, while at 2130 CET the Federal Reserve's weekly balance sheet will be available.

Among the companies on Piazza Affari, results are expected from Datrix, Eni, Pirelli, Poste Italiane, and Prysmian.

By Michele Cirulli, Alliance News Reporter

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