(Alliance News) - On Monday, Piazza Affari and major European stock exchanges are expected to hover on the parity threshold, with no particular momentum on a day stingy with significant macroeconomic data.

"Asian equities faltered at the open, with November inflation data in China showing no signs of improvement despite a series of stimulus efforts, signaling still weak consumer demand," comments Stephen Innes, managing partner at SPI Asset Management.

"In contrast, Japanese markets managed to rally modestly on the back of a positive revision to economic growth figures, offering a glimmer of optimism in a gloomy environment."

For the SPI Asset Management expert, U.S. futures remained uncertain reflecting the stability of the dollar and Treasury markets. In South Korea, political tensions related to a new impeachment attempt against President Yoon have kept investors apprehensive, with authorities closely monitoring the economy and markets.

"Globally, the mood remains cautious, with traders navigating the uncertainties of geopolitical tensions and Trump's trade policies. The usual positive Chinese market reflection to bad news equals good news has seemed muted, with traders wary of making meaningful moves amid current global unpredictability," concludes Stephen Innes.

Futures give the FTSE Mib up 37.5 points or in the green by 0.1 percent after closing Friday's session up 0.4 percent at 34,749.50.

Paris' CAC 40 is expected to be in the red by 0.1 percent or down 6.8 points, as Frankfurt's DAX 40 is expected to be in fractional green or up 8.3 points, while London's FTSE 100 is expected to be in fractional green or up 6.3 points.

In Milan on Friday evening, the Mid-Cap rose 0.2 percent to 48,115.59, the Small-Cap advanced 0.6 percent to 28,305.84, and Italy Growth finished up 0.3 percent to 7,772.04.

In macroeconomic news, the U.S. economy created 227,000 jobs in November, marking a solid rebound from October's revised increase of 36,000, which had been heavily influenced by the Boeing strike and disruptions caused by hurricanes Helene and Milton.

The data-known as nonfarm payrolls-were better than the market forecast of 200,000 jobs, with employment increasing in the health care, leisure and hospitality, government and social assistance sectors.

Also in the U.S., the unemployment rate increased to 4.2 percent in November from 4.1 percent in the previous month, in line with market expectations.

Back in Milan, on the highest-capitalization list of Piazza Affari, Moncler was the best stock of the session, driving the price up 5.0 percent to EUR50.18 per share, in its third consecutive bullish session. Goldman upgraded the stock to 'buy' with target price at EUR58.70

More buying on Stellantis, which rose 3.2%, on its fourth bullish candle session.

Rounding out the podium is Campari, which finished ahead 2.7 percent, after finishing in the green by 4.3 percent on the eve. Two Sigma Investments raised its short position on the stock to 0.50% from 0.49% previously.

FinecoBank is doing well, in the green by 2.2% to EUR16.59. The bank reported Thursday that, following the Supervisory Review and Evaluation Process conducted by the European Central Bank, its assigned capital requirements for 2025 remain unchanged from the previous year. The group's total capital requirement includes a CET1 Ratio of 8.27 percent, a T1 Ratio of 10.14 percent, and a Total Capital Ratio of 12.64 percent. These include a Pillar 2 requirement of 2.0 percent and a Combined Buffer Requirement consisting of the capital conservation buffer, set at 2.50 percent, and a countercyclical buffer of 0.14 percent.

Among the best bullish performers were Telecom Italia, ERG, and Ferrari, with gains between 1.2% and 2.2%.

Banca Mediolanum -- in the red by 0.2% -- reported Thursday that total net inflows in November were EUR912 million, or EUR9.44 billion since the beginning of the year.

Net inflows in assets under management stood at EUR517 million, or EUR6.66 billion since the beginning of the year. Total trading volumes amounted to EUR1.25 billion, with loans disbursed amounting to EUR322 million and protection policy premiums of EUR20 million.

Generali -- in the red by 0.5 percent -- is considering several M&A deals in asset management, with the aim of strengthening its industrial strategy on Generali Investments Holding, which manages EIR840 billion, as Milano Finanza writes Friday. In addition to the Natixis file, the company is looking at acquisitions of smaller U.S. asset managers, to be finalized through equity or cash swaps, to expand the offerings of the business unit led by Woody Bradford.

BPER Bank gave up 2.8 percent, subject to profit taking after three sessions closed among the bullish.

At the bottom of the main list, Tenaris closed down 3.0 percent, after a 1.4 percent gain on the eve of trading.

On the Mid-Cap, Digital Value advanced 7.0% with price at EUR24.35 per share. The seven-day time frame stock showed a market cap increase of more than a third, while on the monthly it more than doubled, up 112%. Of note, PDT Partners raised its short position on the stock to 0.71 percent from 0.49 percent previously.

Salvatore Ferragamo advanced 3.9%. Of note, on the stock Goldman Sachs cut its target price to EUR6.50 from the previous EUR7.10.

LU-VE closed in the green by 1.7 percent, its fourth session in the black.

Banca Generali -- in the green by 0.1 percent -- reported Thursday that it achieved net inflows of EUR510 million in November, up 39 percent year-on-year, bringing its cumulative total for 2024 to close to EUR5.7 billion, up 13 percent from the same period last year.

Among the bearish d'Amico gave up 2.6 percent to EUR4.06 per share, after a 0.4 percent gain on the eve.

On the Small-Cap, Gabetti best bullish stock, closed in the green by 9.8%, in its sixth bullish session, and bringing its performance over the past thirty days forward by 27%.

IGD SIIQ and Risanamento did well, closing with gains of 7.1 percent and 7.4 percent, respectively.

TXT e-solutions advanced 4.7 percent, updating during trading the high in the 52-week time frame to EUR35.85 per share.

Mondo TV gave up 0.9% to EUR0.1318, hitting a new 52-week low during the session. The company announced Thursday that it has renewed its partnership with SEI Pty Australia.

Aquafil gave up 4.3%, after three bullish sessions. Quartys initiated a short position on the stock at 0.51%.

On the bottom Fidia, which plummeted 20%. The stock has lost nearly 94% in the past year.

Among SMEs, Siav finished ahead 12%, bringing last month's performance into the green.

Well did newcomer Vivenda Group, in the green by 4.9%, touching during the session the placement price of last December 2, at EUR0.95 per share.

TMP Group gave up 3.8%, its second consecutive negative session. Intermonte Sim cut its short position on the stock to 0.23 percent from 0.65 percent previously.

In New York, the Dow closed in the red by 0.3 percent, the Nasdaq closed in the green by 0.8 percent, while the S&P 500 gained 0.3 percent.

In Asia, the Nikkei gained 0.2 percent, the Shanghai Composite was in the fractional red as was the Hang Seng.

Among currencies, the euro changed hands at USD1.0548 from USD1.0571 in Friday's European stock close. The pound is worth USD1.2730 versus USD1.2754 on Friday evening.

Among commodities, Brent crude is worth USD71.44 a barrel from USD72.20 at Friday night's close. Gold trades at USD2,665.64 an ounce from USD2,661.49 an ounce Friday night.

Monday's macroeconomic calendar includes, at 1030 CET, is the Sentix index of Eurozone investor confidence.

Among companies listed in Piazza Affari, no particular announcements are expected on Monday.

By Antonio Di Giorgio, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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