The Italian stock exchange opened in positive territory, tracking other European markets in a recovery following yesterday's decline. Despite a lack of progress regarding Middle Eastern tensions, investor focus is shifting toward Donald Trump's visit to China.

Around 9:30 CET, the FTSE Mib index was up 0.8%, bolstered by banking stocks (the sector index gaining 0.6%) and energy names (+0.9%).

Crude oil prices have eased, currently trading just below 107 dollars per barrel, down approximately 1%.

STM is a standout performer (+4.5%), benefiting from a broad rally across the European semiconductor sector.

AVIO surged 4.4% following its quarterly results, briefly entering a volatility auction.

AEFFE failed to set an opening price following a non-binding offer from Oxy Capital. After an initial theoretical gain of over 10%, the indicative upside was virtually wiped out.

(Claudia Cristoferi, editing Andrea Mandalà)