Mib bullish with European stocks, luxury goods lead the way

(Alliance News) - On Monday, at the halfway point of trading, the main markets are moving into positive territory, with the Mib showing the best performance with purchases exceeding 1.1%.

Eurozone industrial production accelerated its pace of growth on both a monthly and annual basis in October, Eurostat reported on Monday.

On the domestic front, in October, Italy's public debt increased by EUR 50.7 billion compared to the previous month, reaching EUR 3,131.7 billion, as reported by the Bank of Italy on Monday.

The Mib is up 1.1% at 43,993.77 points, the Mid-Cap is up 0.8% at 58,787.25, the Small-Cap is up 0.1% at 36,234.77, and the Italia Growth is up 0.1% at 8,465.49 points.

The CAC 40 is up 1.0%, the DAX 40 is up 0.4%, and the FTSE 100 is up 0.9%.

On the Milan Stock Exchange, there are increasingly clear signs of Generali's new course - up 0.9% - and the weight of the new shareholders: from the creation of the position of general manager, entrusted to Giulio Terzariol, to the definitive abandonment of the wealth management joint venture project with Natixis, strongly desired by the CEO, Philippe Donnet.

Mission Europe for A2A. From 2026, the multi-utility company controlled by the municipalities of Milan and Brescia will begin its expansion across borders to grow both industrially and commercially and become a European operator.

Of the EUR 23.0 billion in investments planned for 2024-2035, EUR 15 billion still to be launched may be partly allocated abroad, although Italy will remain the main market. The stock is down 0.1%.

Paola Papanicolaou joined Intesa Sanpaolo in 2015 and, in an interview with the press, revealed the group's strategy, which aims to enhance the existing platform rather than grow through acquisitions, transforming the subsidiaries from local banks into an integrated system. Intesa Sanpaolo shares rose 1.7%.

Good purchases of 3.0% at EUR53.40 on Buzzi. Luxury goods led the market with Brunello Cucinelli up 3.2% and Moncler up 2.7%.

Leonardo slowed down, falling 1.3% to EUR 47.57 per share.

On the Mid-Cap, Juventus - which soared with purchases of 12% - is not for sale. Exor's board of directors unanimously rejected Tether Investments' unsolicited offer to purchase 65.4% of the club owned by the Agnelli family holding company. Tether, already an 11.5% shareholder, will remain in the capital but without increasing its stake further.

Safilo Group, up 3.2%, confirmed on Monday that it does not intend to submit a binding offer for Inspecs Group, following Inspecs' announcement on December 10 regarding the proposed acquisition by Bidco 1125.

ERG, which gained 0.6%, announced on Friday that it had appointed Paolo Arlandini as a new member of the board of directors. Arlandini, who will also join the company's Strategy Committee, replaces Luca Bettonte, who has resigned.

MFE-MediaForEurope is preparing an integration and turnaround plan for Prosiebensat with the stated aim of not intervening on employment, a decision described as courageous while in Germany Rtl Group has just announced 600 redundancies. Class A shares gained 0.4%, while Class B shares lost 0.5%.

Fincantieri fell 1.3% to EUR18.17 per share. Last weekend, the company signed a collaboration agreement with WSense aimed at integration in projects of common interest considered strategic.

On the Small-Cap market, BF International Best Fields Best Food, controlled by BF, up 0.7%, announced on Monday that it had signed an agreement to acquire 100% of F.lli Martini & C. through a newly established special purpose vehicle. The price of the transaction is EUR220 million.

OPS eCom, formerly Giglio Group, announced that its board of directors has approved the acquisition of 100% of SCL and KCT.

The transactions will lead to the creation of the new brand OPS Logistics & Transport. According to the company, the acquisitions will increase OPS eCom's annual turnover by approximately EUR18 million. The stock is down 2.6%.

Neodecortech gained 3.39% to EUR3.72. Dexelance, which hit a 52-week low, lost 4.5%.

Mondo TV, up 1.3%, received a request from CLG Capital to convert two convertible bonds issued on September 13, 2024, for a total value of EUR 250,000.

Among SMEs, Smart Capital signed a strategic agreement with Marcap's shareholders to acquire 100% of Marcap's capital and, at the same time, reinvest in Smart Capital by Marcap's current shareholders. The transaction, with the stock flat at EUR1.58, is worth around EUR5.0 million.

EBidCo, a vehicle indirectly controlled by Xenon Private Equity VIII SCA SICAV-RAIF and managed by Xenon AIFM, announced an increase in the price of its takeover bid for Eles shares - up 9.0% - to EUR 2.90 per share from the previous EUR 2.65.

The decision follows the announcement by Mare Group, down 1.3%, that on December 10 it increased the price of its takeover bid to EUR 2.65 per share.

gAIn360 Spa was the 69th listing on Euronext in 2025 after raising EUR1.8 million during the placement phase.

The free float at the time of admission is 13.4% and the market capitalization at IPO is EUR 9.8 million. The stock, on its second day of trading, is not yet affected by trading.

In New York, at Friday's close, the Dow Jones lost 0.5% to 48,458.05, the Nasdaq fell 1.7% to 23,195.17, and the S&P 500 closed down 1.1% at 6,827.41.

On the currency front, the euro is trading at USD 1.1740 from USD 1.1729 at Friday's stock market close, while the pound is trading at USD 1.337 from USD 1.3347 at the last session.

Among commodities, Brent crude traded at USD 61.00 per barrel, down from USD 61.03 per barrel on Friday, while gold traded at USD 4,338.67 per ounce, up from USD 4,272.47 per ounce on Friday evening.

From the US, Williams of the FOMC will give a speech at 1630 CET.

By Michele Cirulli, Alliance News Reporter

Comments and questions to [e-mail]

Copyright 2025 Alliance News IS Italian Service Ltd. All rights reserved.