European Markets Mixed, TIM Leads Gains on the Mib

(Alliance News) - On Thursday, major European markets moved in mixed fashion amid an uncertain international context, not only regarding Iran but also Greenland, where the summit between the USA and the Danish government appears to have yielded unsatisfactory results.

On the macroeconomic front, industrial production in the Eurozone rose by 2.5% in November compared to 1.7% in October; in Italy as well, industrial production returned to growth in November, increasing by 1.5% after a 1.0% decline in October.

As a result, the Mib is up 0.4% at 45,835.11 points, the Mid-Cap slips 0.1% to 61,185.14, the Small-Cap is fractionally in the green at 38,011.56, and Italy Growth is up 0.1% at 8,854.84 points.

Paris's CAC 40 falls by 0.4%, Frankfurt's DAX 40 is fractionally in the red at 5,343.48 points, while London's FTSE 100 rises by 0.6%.

At Piazza Affari, buying was led by Telecom Italia, which reached a 52-week high at EUR0.5686 per share following its agreement with Warner Bros to launch HBO Max in Italy. The stock is up 2.5%.

Prysmian also performed well, rising 2.4% to EUR91.44 per share, and Banco BPM saw purchases for 2.2% at EUR12.815 per share.

UniCredit — up 1.2% — reiterated that M&A operations are a strategic tool for the group, clarifying that its dedicated internal team constantly evaluates various options, both within and potentially outside the bank's geographic scope.

The bank called recent rumors regarding a stake in MPS — which is down 0.7% — speculative and unfounded, as well as speculation about alleged interest in acquiring other holdings.

Inwit — up 0.2% — announced on Wednesday that it had successfully completed an additional EUR150 million issue on its EUR750 million bond issued in April 2025, with a 3.75% coupon and maturing on April 1, 2030.

Moncler and Eni closed the list with declines of 3.2% and 1.7% respectively.

On the Mid-Cap, Arnoldo Mondadori Editore, flat at EUR2.165 per share, signed an agreement to acquire 58.84% of Edilportale.com, a company active in developing content, services, and digital platforms for the architecture, design, and construction sectors. The consideration for the deal is EUR31.2 million.

Webuild, leading the Metro C Consortium alongside Vianini Lavori, will build the new T1 section of the capital's Line C metro, connecting Clodio/Mazzini to Farnesina. The project cost is EUR766 million. The stock is down 0.5% at EUR3.57 per share.

Strong performance from Techoprobe, up 4.1%, which hit a 52-week high at EUR15.06 per share.

BFF Bank recorded double-digit losses of 10% at EUR8.72 per share.

Among small caps, Consob approved the voluntary public takeover bid by Banca CF+ for Banca Sistema, which is down 0.8%.

The board of Aedes fully exercised its mandate to increase share capital by a maximum of EUR5 million: the stock is down 3.0%.

Esprinet has been admitted to the Italian Revenue Agency's collaborative compliance regime. This is an advanced model of relationship between companies and the tax administration based on transparency, legal certainty, and proactive risk management. The stock is down 0.3%.

EuroGroup Laminations confirmed what was reported by Reuters, announcing that EMS and FountainVest have obtained authorization under Italy's Golden Power regulations. The green light is subject to compliance with specific behavioral requirements deemed suitable to protect strategic national interests, in line with current regulations. The stock gains 0.1%.

Mondo TV, after Rai Kids' pre-purchase of the animated series Grisù, tops the basket with a 6.6% gain. With the same percentage but in negative territory, Triboo sinks to the bottom.

Among SMEs, DBA Group, with no trades, continues its investment journey in technological innovation after commissioning EssilorLuxottica to supply next-generation AI Glasses to support its business activities.

Fope, up 2.0%, reported that consolidated net revenues as of December 31, 2025, stand at EUR93.6 million, up 27% compared to December 31, 2024.

eVISO recorded a strong increase in supply points linked to the agency channel based on data from the Integrated Information System, the public body managing information flows in the electricity and gas markets. The stock benefits, rising 5.1%.

gAIn360 announced on Wednesday that the Lombardy Region has granted a total contribution of EUR361,181.30. Of this amount, EUR300,000 may be requested by the company within 90 days of the publication of the grant decree.

ETS Engineering And Technical Services, with no trades, announced it has been awarded the executive design for Lot 2 of the new Naples Metro Line, a project that is part of the connection between Naples Di Vittorio station and Casoria Afragola, and is included in an overall contract valued at approximately EUR691 million.

In New York on Wednesday, the Dow Jones lost 1.0%, as did the Nasdaq, while the S&P 500 slipped 0.5%.

On the currency front, the euro is trading at USD1.639 from USD1.1656 at Wednesday's close of European equities, while the pound is changing hands at USD1.3429 from USD1.3449 last night.

Among commodities, Brent is trading at USD63.70 per barrel from USD65.83 per barrel at Wednesday's close of European equities, while gold is valued at USD4,615.36 per ounce from USD4,619.19 per ounce last night.

On Thursday's economic calendar, at 1430 CET, focus is on US jobs data with unemployment claims.

By Michele Cirulli, Alliance News Reporter

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