(Alliance News) - Milan’s Piazza Affari is set to extend gains at Tuesday’s open, according to indications from IG futures.

The main index of Borsa Italiana, which boasts the largest market capitalization, is expected to rise by 25.0 points, or 0.1%, after closing up 2.1% at 46,822.81 in Monday’s session.

London’s FTSE 100 is seen up by 18.1 points, or 0.2%, Paris’s CAC 40 is indicated to climb by 17.6 points, or 0.2%, and Frankfurt’s DAX 40 is forecast to gain 4.7 points, or less than 0.1%.

Yesterday evening in Milan, the Mid-Cap closed up 0.9% at 60,918.43, the Small-Cap rose 0.6% to 36,816.10, while the Italy Growth index gained 0.3% to 8,716.16.

Among the blue chips on Piazza Affari, Brunello Cucinelli was among the minority of decliners, closing down 0.6% following a 0.2% drop on Friday evening.

Campari also slipped 0.2%, marking its third consecutive bearish session. Notably, Marshall Wace trimmed its short position on the stock to 0.47% from 0.5%.

STMicroelectronics led the pack, soaring 9.9%. On Monday, the company announced an expanded strategic partnership with Amazon Web Services through a multi-billion-dollar, multi-year commercial agreement covering numerous product categories. The deal spans a wide range of solutions and leverages the company’s proprietary technology portfolio.

UniCredit also showed strength, climbing 6.4%. Gae Aulenti ended 2025 with solid results and a new record in profitability, confirming the resilience of its business model amid falling rates and more volatile markets.

As the bank announced on Monday, with European markets still closed, group net profit rose to EUR10.58 billion, up 14% from EUR9.31 billion in 2024, while statutory net profit reached EUR10.92 billion, an increase of 12% year-on-year.

Fincantieri gained 3.1%, following a 0.5% uptick in the previous session.

In the mid-cap segment, Moltiply Group stood out, advancing 6.4% to EUR36.65, notching its third consecutive positive session.

Ariston Holding pushed its price up by 3.7%. The company continues its regular buyback program, most recently announcing the purchase of 19,405 of its own ordinary shares between February 2 and 6, for a total value of approximately EUR94,000.

MAIRE also showed strength, closing up 3.7% and marking its third straight bullish session.

Brembo, down 0.3%, announced Monday it had signed an agreement with JAC Group, one of China’s leading automakers, to foster an innovative synergy for future vehicles. The deal centers on a joint decision to introduce advanced technologies for next-generation cars to the market, focusing on the development of cutting-edge braking systems and software tailored to the needs of the Chinese automotive sector.

Safilo ended at the bottom of the list, falling 2.1% to EUR2.05, after a 1.2% gain on Friday evening.

On the Small-Cap segment, Tesmec surged 8.5%, marking its fourth consecutive positive session.

Seri Industrial also performed well, closing up 5.8% after two sessions in which it lost a combined 10%.

PLC pushed its price up by 3.2%, following Friday’s 2.4% gain, which broke a seven-session losing streak.

Banca Sistema - flat at EUR1.66 - reported results as of December 31, 2025, posting a net profit of EUR42.3 million, up 68% from EUR25.2 million at the end of 2024. The result was also driven by a EUR103 million collection from a municipality subject to a European Court of Human Rights ruling, enabling the recognition of EUR40.9 million in late payment interest.

Among SMEs, Doxee closed up 5.8% after three consecutive down sessions, finishing at EUR4.40.

Execus - up 2.4% - announced it had received around EUR2.7 million in incentives from the Ministry of Enterprises and Made in Italy to support the research and development project "GLOPS – Green Low-footprint Optimized Platform for Petrol Stations," dedicated to creating an environmentally friendly technology platform to optimize processes and services at refueling stations and support the sector’s digital and sustainable transition.

Franchetti also showed strength, rising 2.5% following a 2.7% gain in the previous session.

Ecomembrane - at the bottom of the segment - dropped nearly 11%, closing at EUR4.90 after a 0.9% decline on Friday evening. Previously, the stock had closed with a bullish candle for six consecutive sessions.

In Asia, the Nikkei is up 2.3% at 57,650.54, the Shanghai Composite is rising 0.1% to 4,128.37, and the Hang Seng is gaining 0.5% at 27,155.21.

In New York, the Dow closed flat yesterday at 50,135.87, the Nasdaq rose 0.9% to 23,238.67, and the S&P 500 gained 0.5% to 6,964.82.

On the currency front, the euro is trading at USD1.1908 from USD1.1901 at Monday’s close in Europe, while the pound is at USD1.3677 from USD1.3668.

Among commodities, Brent is trading at USD69.12 a barrel from USD69.06 a barrel Monday evening, while gold is valued at USD5,020.91 an ounce from USD5,079.80 an ounce.

Tuesday’s calendar, at 10:30 CET, features a Gilt and Bund auction with a five-year maturity.

From the USA, retail sales data is due at 13:30 CET, while at 21:30 CET, the weekly oil inventory report will be released.

Among upcoming earnings, Arterra Bioscience, Banco di Desio e della Brianza, BFF Bank, Ferrari, Ubaldi Costruzioni, and Valtecne are on the docket.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2026 Alliance News IS Italian Service Ltd. All rights reserved.