(Alliance News) - The Mib is moving slightly into negative territory, hovering around 44,500, in the last session before the Christmas holidays. Among economic news, in November, according to data published Tuesday by Istat, there was a significant 7.4% month-on-month drop in imports in trade with non-EU27 countries, while exports remained stable.
Thus, the FTSE Mib is down 0.1% at 44,563.24, the Mid-Cap slips 0.1% to 58,658.21, the Small-Cap is down 0.2% at 36,531.99, while Italy Growth rises 0.2% to 8,535.39.
The FTSE 100 in London is fractionally in the green, Paris' CAC 40 is down 0.2%, while Frankfurt's DAX 40 is up 0.2%.
On the Mib, Fincantieri shows strength, up 1.3%, marking its fourth consecutive bullish session.
Stellantis sales—up 0.6%—fell in Europe in November, contrary to the broader market trend, which saw registrations rise 2.1% year-on-year after a 5.8% increase in October.
According to data published Tuesday by ACEA, the European Automobile Manufacturers' Association, the group formed by the merger of PSA Group and Fiat Chrysler Automobiles recorded a 2.7% drop compared to November 2024, with its market share slipping to 12.9% from 13.5% in the same month last year.
Officina Stellare announced Tuesday that it has signed a new contract with Leonardo for the supply of an initial series of optical assemblies for Leonardo's high-resolution satellite telescopes. As the company explained in a statement, the contract—signed as a continuation of existing relationships and services provided to Leonardo—falls under a new framework agreement between the two companies to regulate similar future orders.
The contract has a term of about 3 years and a total value of approximately EUR9.2 million.
Officina Stellare, on the Italy Growth segment, is up 6.3%, while Leonardo, among the blue chips, is up 0.9%.
Saipem—down 1.3% after a strong previous session—announced Monday that it had repurchased 17 million of its own ordinary shares between December 16 and 19. The shares were bought at an average price of EUR2.334096 each, for a total value of EUR39.7 million.
UniCredit—down 0.4%—announced Monday that it had repurchased nearly 1.3 million of its own ordinary shares between December 15 and 19, for a total value of about EUR89.3 million.
On the mid-cap segment, RCS is up 3.6%, following a 0.1% gain in the previous session.
CIR—flat at EUR0.70—announced Monday that it had repurchased 340,000 of its own ordinary shares between December 15 and 19, for a total value of about EUR241,000.
doValue—down 0.1%—announced Tuesday the launch of Lounge, a new fund focused on loans guaranteed by the MCC Guarantee Fund, created in partnership between the group's alternative asset management company, Gardant Investor SGR, and three Italian banks. As the company explained in a statement, the initial contribution amounts to about EUR200 million in gross book value of non-performing loans.
MAIRE—up 0.1%—announced Monday a significant victory in its ongoing dispute with the Russian group EuroChem: its subsidiary Tecnimont obtained immediate enforcement orders for the seizure of Russian group assets worth about EUR1.1 billion.
The orders follow authorizations from the ICC Arbitral Tribunal in London, which granted MAIRE and Tecnimont the right to seize assets held by EuroChem in any country.
On the Small-Cap, Landi Renzo is up 4.1%, after a 2.6% loss in the previous session.
IRCE—flat at EUR2.06—announced Monday that it signed on December 18 an investment agreement with SIMEST Spa to support its Chinese subsidiary IRCE Electromagnet Wire (Jiangsu), as part of the group's expansion project in China. The agreement provides for a total financial intervention of EUR6 million, covered by SACE guarantee, with a five-year term until December 31, 2030.
Gabetti Property Solutions—also unchanged at EUR0.64—announced Monday that its board of directors exercised its authority, granted by the extraordinary shareholders' meeting of April 30, to increase share capital to support the 2025-2029 Stock Option Plan and approved the implementing regulations.
The operation involves a divisible and paid capital increase, to be carried out in one or more tranches by January 31, 2030, for a maximum nominal amount of EUR875,000 plus share premium, through the issuance of up to 3.5 million ordinary shares without par value.
Among SMEs, H-Farm performs well, up 6.7% at EUR0.1920. During trading, the stock set a new 52-week high at EUR0.1940.
SG Company Società Benefit—up 2.9%—reported that Geotag, 51% owned by the company, has signed a binding agreement to acquire 100% of the share capital of Waymedia. The deal is expected to close by the end of January 2026.
SolidWorld Group—down 0.2%—announced Tuesday that it is continuing to implement the rationalization and efficiency plan launched in the second half of 2025, with the third step in the group's reorganization involving the integration of Solid Energy Real Estate.
In New York on Monday evening, the Dow closed up 0.5% at 48,362.68, while the Nasdaq rose 0.5% to 23,428.83 and the S&P 500 gained 0.6% to 6,878.49.
On the currency front, the euro is trading at USD1.1798 from USD1.1758 at Monday's equity close, while the pound is at USD1.3516 from USD1.3450 Monday evening.
Among commodities, Brent is trading at USD62.17 a barrel from USD61.75 a barrel in the previous session, while gold is valued at USD4,484.57 an ounce from USD4,440.40 an ounce Monday evening.
On Tuesday's economic calendar, at 1415 CET, US ADP employment data, the PCE price index, the durable goods report, and GDP data are due.
At 1515 CET, industrial production data is expected, and at 2230 CET, weekly oil inventory figures will be released.
By Maurizio Carta, Alliance News reporter
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