Tokyo and Wall Street both performed well overnight.
On the macroeconomic front, several key data releases from the United States are expected today: at 14:00, the 'advance' reading of GDP is anticipated, with consensus from Reuters forecasting an annualized rate of 3.3% following the 3.8% recorded in the second quarter. Later, at 16:00, the December consumer confidence index will be released, expected at 91.
Around 9:30, the Ftse Mib index was up by a modest 0.18%.
The defense sector performed well, standing out as a top performer in 2025, with LEONARDO rising by 1.2% and FINCANTIERI up by 2.1%.
Banks also held steady, with the sector index increasing by 0.3%, supported by major players UNICREDIT and INTESA, both up by 0.30%.
STELLANTIS also attracted buying interest, climbing 1.2% as the stock attempted a rebound after five consecutive negative sessions, especially after yesterday's 4.6% drop.
Ordinary TIM shares remained flat at 0.51 euro, while savings shares slipped by 0.4% to 0.62 euro, maintaining a spread of around 0.11 euro, roughly equal to the cash amount proposed by the telecom company's board for the conversion of savings shares into ordinary shares.
SAIPEM retraced by 1.1% after yesterday's rally.
Outside the main index, DOVALUE was well supported, rising 2.9%, and OFFICINA STELLARE gained 4.5% after securing a three-year contract to supply high-resolution optical systems for telescopes to Leonardo, with a total value of approximately 9.2 million euro.
(Giancarlo Navach, editing Andrea Mandalà)
