(Alliance News) - Major European stock exchanges are trading in negative territory on Monday, as the resurgence of geopolitical risk and a subsequent deterioration in market sentiment reignite fears of re-accelerating price pressures and a further tightening of financial conditions.
The MIB is undergoing a correction toward the 48,200-point mark, surrendering part of last week's gains and retreating from recent all-time highs. The move reflects a repricing of risk linked to escalating tensions between the US and Iran, which returned to the forefront after the US Navy intercepted an Iranian-flagged cargo ship.
This development has effectively neutralized previous expectations of a de-escalation, which had been fueled by statements from the Iranian Foreign Minister regarding the continuity of commercial transit through the Strait during the temporary truce between Israel and Lebanon.
Consequently, the MIB is down 1.4% at 48,218.97 points.
Elsewhere in Europe, the CAC 40 is down 1.1%, the DAX 40 has shed 1.4%, while the FTSE 100 is trading 0.6% lower.
Among Piazza Affari's secondary boards, the Mid-Cap is down 1.0% at EUR58,654.96, the Small-Cap is falling 0.5% to 35,378.13, while Italy Growth is retreating 0.3% to 8,736.39.
On the MIB, Buzzi is pulling back by 3.2% to EUR48.71 per share, following a 5.0% gain on Friday evening.
Stellantis is also retreating, down 2.9% after a 6.8% surge in the previous session. Regarding the stock, Kintbury Capital has trimmed its short position to 0.57% from 0.63%.
UniCredit - down 2.2% - is pricing around EUR68.53 per share. Andrea Orcel, CEO of UniCredit, has presented the market with a clear crossroads: on one side is "Momentum", Commerzbank AG's standalone plan; on the other is "Unlocked", UniCredit's strategic vision.
According to the CEO of the Piazza Gae Aulenti-based bank, these two trajectories are not merely alternatives but represent profoundly different models of growth, risk, and value creation. During a conference call, Orcel was explicit: "We have an interest in seeing Commerz express its potential, but today it is not doing so."
Poste Italiane is down 0.9% at EUR22.27 per share. Notably, Barclays has cut its price target on the stock to EUR21.60 from EUR22.00.
Eni is advancing, gaining 3.2% to EUR22.45 per share in the wake of rising crude prices, following a 7.0% loss on Friday evening.
Saipem - up 1.0% - announced on Monday that it has signed the main contract with Eni Industrial Evolution for the construction of the new Priolo biorefinery in Sicily, a project announced on February 3 by Eni Spa and Q8 Italia. The contract, with a total value of approximately EUR700 million upon completion, sets a construction deadline for the end of 2028 and includes Engineering, Procurement, and Construction activities.
In the mid-cap segment, Revo Insurance is up 4.1%, following a 1.1% gain in the previous session.
Strength is also seen in Salvatore Ferragamo, which is advancing 1.4%, positioned for its third consecutive session to close with a bullish candle.
BFF Bank is retreating 3.8% to EUR1.99 per share, after a 9.5% gain in the previous session.
Webuild is down 1.9% at EUR2.64 per share, partly due to profit-taking following a strong bullish streak.
Interpump Group - down 0.7% - announced on Monday that it purchased 143,000 of its own ordinary shares between April 13 and 17. The shares were acquired at an average unit price of EUR37.7189, for a total consideration of EUR5.4 million.
Italmobiliare - down 0.3% - announced on Friday that it acquired 11,732 of its own ordinary shares between April 13 and 17. The shares were purchased at an average unit price of EUR28.9475, for a total consideration of EUR339,612.35.
On the Small-Cap index, Gabetti is up 3.4%, following a 4.3% gain in the previous session.
The board of Seri Industrial - up 3.9% - approved the 2025 financial results over the weekend, closing with a consolidated profit of EUR13.6 million compared to EUR24.6 million in 2024. Adjusted consolidated profit stood at EUR15.4 million, an increase of EUR18.6 million compared to 2024.
Ratti is pulling back by 3.2% after two bullish sessions. The stock - which has not paid a dividend since 2023 - is trading around EUR1.22.
The board of directors of Class Editori - flat at EUR0.14 - approved the 2025 results on Friday, reporting consolidated revenues of EUR80.4 million, down from EUR86.6 million in 2024, which included non-recurring income of EUR7.2 million. Excluding extraordinary items, revenues remained substantially stable at EUR79.2 million. Operating costs fell to EUR72.4 million from EUR74.5 million.
Among SMEs, Estrima is up 4.5% at EUR0.10 per share, following a 6.5% loss in the previous session.
Lemon Sistemi is advancing over 12% before entering a volatility auction, following a 1.5% gain in the previous session.
In the rear, among numerous decliners, Adventure is shedding 4.9% to EUR23.20 per share after two flat sessions.
Dedem is down 5.7% at EUR5.85. The stock - which has a market cap of approximately EUR47 million - has recorded a gain of over 25% since the beginning of 2026.
In New York, the Dow Jones closed up 1.8% on Friday, the Nasdaq gained 1.6%, while the S&P 500 ended 1.3% higher.
On the currency front, the euro is trading at USD1.1758 from USD1.1807 on Friday evening, while the pound is exchanging at USD1.3499 from USD1.3559 on Friday evening.
Among commodities, as mentioned, Brent crude is up to USD94.70 per barrel from USD88.90 per barrel on Friday evening, while gold is valued at USD4,786.00 per ounce from USD4,872.35 per ounce on Friday evening.
Monday's macroeconomic calendar features three- and six-month Treasury bill auctions in the US at 1730 CEST.
By Maurizio Carta, Alliance News reporter
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