(Alliance News) - On Tuesday, at the halfway point of trading, European stock markets are moving into positive territory, with the Mib leading the pack with the strongest gains.
The blue-chip index is up 0.9% at 44,816.22 points, the Mid-Cap rises 0.1% to 58,774.30, the Small-Cap gains 0.2% at 36,729.54, and Italy Growth collects 0.5% at 8,579.60 points.
The CAC 40 and DAX 40 are both up 0.3%, while the FTSE 100 is in the green by 0.4%.
Banks are making a strong showing on Piazza Affari. Mediobanca is up 3.4%, Monte dei Paschi di Siena 2.6%, Banca Popolare di Sondrio 2.1%, and UniCredit 2.0%.
The European Central Bank's supervisory board is ready to authorize the new bylaws of Banca Monte dei Paschi di Siena, amended in a swift board meeting on December 24 to remove the "principle of residuality," which had been challenged by Frankfurt.
Inwit — up 0.1% — is open to dialogue on Master Service Agreements, but only regarding the conditions for new investments.
This was clarified by general manager Diego Galli: there will be no reopening of the agreements that founded the Italian tower model, but there is a willingness for greater flexibility to support new construction projects.
Intesa Sanpaolo, up 1.4%, has, through its IMI Corporate & Investment Banking division led by Mauro Micillo, strengthened its role as a key financial partner in the Middle East.
Since 2023, the division has participated, along with other banks, in transactions totaling over EUR60 billion, of which more than EUR30 billion as mandated lead arranger in financing and EUR30 billion as bookrunner in bond issuances, in addition to advisory and interest rate hedging activities.
Campari and Amplifon, among the few losers of the day, close the basket with declines of 0.8% and 0.4%, respectively.
On the Mid-Cap, Webuild, as part of a consortium, has secured a contract worth approximately EUR660 million for the construction of the first section of Lot 1 of Naples' new Metro Line 10. The project is part of a broader infrastructure plan, with total investments estimated at over EUR3.1 billion, aimed at improving mobility in the city's northeastern area. The stock rises 2.4% to EUR20.05 per share.
Edil San Felice — up 0.8% — has received a new order from Avio — down 0.3% — worth about EUR3 million for construction and plant engineering work at a facility located at Avio's Colleferro site in Rome.
MAIRE announced that its subsidiaries in the Integrated E&C Solutions business unit have been awarded additional work related to previously announced orders and new contracts worth a total of around EUR700 million. The stock is up 0.7%.
Comer Industries also sees solid buying, up 1.8%, while GVS closes the list in the red, down 2.0%.
On the Small-Cap, OPS Italia — down 0.7% — announced it has completed the sale, for the symbolic value of EUR1 per company, of all its holdings in EEMS CHINA and EEMS Renewables.
The extraordinary shareholders' meeting of OPS eCom — up 1.7% — has approved a capital increase of up to EUR3 million, excluding pre-emptive rights, reserved for creditors and to be subscribed by June 30, 2026, through debt offsetting.
The meeting also gave the board of directors a mandate to increase capital by a further EUR6 million, again excluding pre-emptive rights, to be carried out in one or more tranches within 12 months and reserved for creditors.
Aeffe rebounds sharply to the top, with a double-digit gain of 13% to EUR0.322 per share.
Among SMEs, Mare Group — down 0.3% — has requested that Eles — flat at EUR3.16 — add an item to the agenda for the ordinary shareholders' meeting scheduled for January 7, 2026, on first call and January 8 on second call.
The request concerns the inclusion of an item regarding the appointment of independent directors, in case the independent director appointed by co-option by the board on September 30 is not confirmed. The proposed item also includes the appointment of an additional independent director, the definition of the term of office, and related compensation.
Farmacosmo — up 7.1% — has signed an agreement to sell 50% of Baubau to Pet Being Srl.
The valuation of Baubau has been set at EUR10 million, and the consideration for the purchase of 55% of the capital amounts to EUR4.4 million, of which EUR4 million to Farmacosmo, plus an earn-out of up to EUR1.1 million linked to achieving 2026 Ebitda targets, in addition to positive net cash.
Più Medical — up 3.3% — has completed a EUR5 million capital increase, fully subscribed by IPOC 9 Srl, a vehicle backed by Azimut Investments' IPO Club 2 fund and controlling shareholder GSM Srl.
In New York, at Monday's close, the Dow fell 0.5% to 48,461.93, the Nasdaq lost 0.5% to 23,474.35, and the S&P 500 slipped 0.4% to 6,905.74.
On the currency front, the euro is trading at USD1.1776 from USD1.1754 in the previous session, while the pound is changing hands at USD1.3526 from USD1.3489 on Monday evening.
Among commodities, Brent is trading at USD61.68 a barrel from USD61.95 a barrel at yesterday's close, while gold is worth USD4,382.46 an ounce from USD4,335.25 an ounce yesterday.
On Tuesday's economic calendar, at 1500 CET, in the USA, focus will be on house price data, and at 2000 CET, the eagerly awaited minutes of the latest FOMC meeting will be released.
By Michele Cirulli, Alliance News Reporter
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