Traders on the sell side; oil prices lift Eni

(Alliance News) - The MIB moved in a bearish trend on Monday around the 48,200 level, extending losses from the previous session in line with a broader risk-off sentiment across global markets.

Investors are focused on escalating tensions in the Middle East, with no clear signs of de-escalation on the horizon, while US President Donald Trump has maintained an increasingly tough stance toward Iran.

Consequently, the FTSE MIB is trading down 1.7% at 48,263.38, the Mid-Cap is shedding 1.2% to 59,931.81, the Small-Cap is falling 1.6% to 34,079.25, while Italy Growth is losing 0.6% to 8,841.29.

London's FTSE 100 is up 0.2%, Paris's CAC 40 is down 0.7%, while Frankfurt's DAX 40 is advancing 0.2%.

In Milan, on the MIB, Eni - among the minority of gainers - is marking a 2.6% rise after a 0.3% decline in the previous session, supported by the continued rise in crude prices.

Furthermore, the company has launched the placement of new five-year and nine-year fixed-rate bonds aimed at institutional investors under its Euro Medium Term Note program.

The bond issuance follows the resolution passed by the board of directors on April 2 and is intended to maintain a balanced financial structure, with proceeds to be used for Eni's general corporate purposes.

Amplifon - down 3.5% - announced on Monday that it has signed an agreement to sell its business in India to Hearzap, an established operator in the Indian market. The Indian operations, which include a network of approximately 115 direct clinics and 460 employees, generated revenues of approximately EUR12 million in 2025, a value described by the company as 'marginal compared to the group's total revenues'. The asset had a negative impact on consolidated EBITDA.

BPER Banca is shedding 1.7%. Deutsche Bank has revised its recommendation on BPER Banca to 'hold' from 'buy' with a target price of EUR13.40.

Recordati is retreating 0.7% to EUR50.45 per share. Barclays has raised its target price to EUR50.00 from EUR48.00.

On the Mid-Cap segment, Technoprobe is pushing its price up by 6.6%, positioned for its third consecutive session to close with a bullish candle.

El.En. - down 4.7% - announced on Friday that it closed the first quarter with consolidated revenue of EUR145.6 million, a 3.3% improvement from EUR140.9 million as of March 31, 2025. EBITDA for the period stood at EUR23.7 million, up from EUR21.7 million in 2025, marking a 9.0% growth.

The board of Tamburi Investment Partners - down 1.4% - approved the consolidated interim management report as of March 31 on Friday, closing the first three months of the year with a pro-forma net profit of EUR23.5 million, approximately four times higher than the Q1 2025 result. Consolidated shareholders' equity as of March 31 stood at approximately EUR1.41 billion.

On the Small-Cap, Beewize is rising 8.7% to EUR0.40 per share, following a 2.8% gain in the previous session.

Aeroporto Guglielmo Marconi di Bologna Spa announced on Friday that it closed the first quarter with a profit for the period of EUR2.6 million, down from EUR3.1 million as of March 31, 2025. Quarterly revenues amounted to EUR42.0 million, up from EUR36.2 million in the same period last year.

Fidia - in a state of volatility - announced on Friday that it closed 2025 with a positive consolidated net profit of EUR1.0 million, compared to a consolidated net loss of EUR9.5 million in 2024. The result includes fair value adjustment effects of POCs and warrants for approximately EUR2.5 million.

IRCE - up 0.9% - announced on Friday that it closed the first quarter with consolidated revenues of EUR105.8 million, a 3.0% increase from EUR102.7 million as of March 31, 2025. Quarterly profit amounted to EUR3.8 million, up from EUR2.0 million in the first quarter of last year.

TXT e-Solutions - down 6.9% - announced on Friday that it has completed the sale of part of its stake in Banca del Fucino, for a total cash consideration of EUR7.9 million. The transaction involved 3.6 million shares, purchased in 2021 at EUR1.85 per share and sold at EUR2.20 per share. The company specified that the sale price is substantially aligned with the book value.

Among SMEs, Espe is advancing 4.3%, heading for its sixth consecutive bullish candle if confirmed at the close.

The board of Clabo - untraded - released preliminary consolidated management data for the first quarter on Friday. Consolidated net sales stood at EUR11.2 million, down 28% compared to the same period last year at average exchange rates. The adjusted net financial position as of March 31, 2026, was EUR43.8 million, compared to EUR42.7 million as of December 31, 2025.

Adventure - down 10% - announced that it closed 2025 with a loss of EUR170,000, swinging from a profit of EUR63,000 recorded in 2024. Revenues amounted to EUR16.7 million, up from EUR11.2 million in the previous year.

VNE - also untraded - announced that it achieved a profit of EUR616,000 in 2025, a triple-digit increase from EUR293,000 in 2024. The value of production amounted to EUR19.9 million, up from EUR15.4 million in the previous year, and sales revenues were EUR17.0 million, up from EUR14.4 million in 2024.

In the US on Friday, the Dow shed 1.1%, the S&P closed down 1.3%, while the Nasdaq left 1.5% on the floor.

On the currency front, the euro is changing hands at USD1.1639 from USD1.1628 on Friday evening, while the pound is trading at USD1.3365 from USD1.3338 yesterday.

Among commodities, Brent is trading at USD110.00 per barrel from USD108.84 per barrel on Friday evening, while gold is worth USD4,541.21 per ounce from USD4,552.65 per ounce at yesterday's close.

On Monday's economic calendar, a Treasury bill auction for three-month and six-month maturities is scheduled in the US this afternoon.

By Maurizio Carta, Alliance News reporter

Comments and questions to [e-mail]

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