(Alliance News) - On Friday, the Mib continued on a bullish trajectory as S&P Global reported a revival in Eurozone private sector economic activity, according to a report released Friday and prepared in conjunction with Hamburg Commercial Bank.
In detail, the Composite PMI index for the Eurozone in January returned above the no-change threshold of 50.0 and signaled the first uptick in Eurozone activity since August 2024.
Thus, the FTSE Mib is up 0.7 percent to 36,355.05, Mid-Cap is in the green 0.1 percent to 28,364.94, Small-Cap is up 0.1 percent to 28,177.25 while Italy Growth is in the fractional red at 7,780.78.
London's FTSE 100 is in the red 0.4 percent, Paris' CAC 40 is up 0.9 percent, while Frankfurt's DAX 40 is up 0.4 percent.
On the highest-capitalization list of Piazza Affari, Banca Monte Paschi di Siena gives up 6.2 percent and remains at the bottom, after announcing in the morning that it had approved a voluntary public exchange offer for all ordinary shares of Mediobanca -- topping the list with a 5.6 percent rise -- for EUR13.3 billion, entirely in shares.
As the company explained in a note, the exchange ratio was set at 2.300 newly issued shares of MPS for each existing share of Mediobanca, resulting in an implied offer price of EUR15.992 per share and a premium of 5.03% over official prices on January 23.
Moncler advances 5.3% followed by Campari and Iveco Group, up 3.7% and 2.2%.
Banco BPM - in the green by 1.6% - SACE and Alfasigma announced the finalization of an agreement in favor of Alfasigma for the granting of two financing lines worth a total of EUR200 million. In recent years, Alfasigma, an international pharmaceutical company founded in Italy and present in more than 100 countries around the world, has embarked on an ambitious plan to accelerate its growth and transformation and its global expansion.
Leonardo - in the red by 0.9 percent - announced a plan to form a temporary business grouping with Rheinmetall, and bring forward supplies to the Italian Army, with a view to forming a definitive joint venture with the German company, Il Sole 24 Ore wrote Friday.
A2A -- down 1.1 percent -- on Thursday announced that it had completed the placement of its inaugural EUR500 million, 10-year European Green Bond, the first in the market for this new instrument by a European corporate issuer.
The European Green Bond received orders from investors totaling EUR2.2 billion, about 4.4 times the amount offered.
DiaSorin, in the red by 2.5 percent, and oil stocks also hurt. Saipem gives up 1.6 percent, Eni and Tenaris are down 0.9 percent.
On the Mid-Cap, Salvatore Ferragamo still leads the list, as at the opening, and rises 6.7%.
Also doing well are Zignago Vetro and GVS, up 2.9 percent and 2.6 percent.
Juventus Football Club - in the green by 0.2% - announced Thursday that it had reached an agreement with Paris Saint-Germain FC to acquire, on a temporary basis until June 30, the rights to the sports performance of footballer Kolo Muani Randal for a consideration of EUR1.0 million, plus additional charges of EUR2.6 million.
On the other side of the list, Acea gives up 2.5 percent and MAIRE is in the red by 1.9 percent while Caltagirone gives up 1.4 percent.
On the Small-Cap, Bialetti Industrie continues to gain and picks up 7.8 percent. The company is close to a deal with Nuo Capital, the investment arm of Hong Kong family office Wwic, led by Stephen Cheng.
GPI--up 0.4 percent--on Thursday announced that it has been awarded the project for the new Health Information System. As the company explained in a note, the project will involve all of South Tyrol's health districts-Bozen, Brixen, Bruneck and Meran-serving more than half a million citizens. The contract, with a total value of about EUR16 million and a duration of 48 months, includes a share of about EUR13 million reserved for GPI.
At the bottom are Mondo TV, down 6.5 percent, and Aeffe, down 5.7 percent. The company reported Thursday that its board of directors approved preliminary revenue figures for fiscal year 2024, which closed with consolidated revenues of EUR251 million, down 21 percent from EUR319 million in 2023.
Among SMEs, Giglio.com and Finanza.tech lead the list, with rises of 11 percent and 9.2 percent respectively.
Novamarine--not yet trading--reported revenues from boat sales of EUR26.1 million in 2024 from EUR23.5 million in 2023, up 11 percent.
As for the order book for 2025 this is EUR27.1 million.
iVision Tech - in the red by 2.1 percent - reported Thursday that it has been granted a patent for iSee, a wearable assistive technology designed for the blind and visually impaired.
SosTravel.com - in the red by 3.7 percent - reported Thursday that it has signed a business agreement with Veratour, a leader in the resort and tailor-made tourism industry. The agreement, part of the sales channel diversification strategy launched in 2024, will allow Veratour customers who purchase products from the GO WEST and GO EAST catalogs through a travel agency to take advantage of the Lost Luggage Concierge service, renamed by Veratour as "Baggage no problem."
In Asia, the Nikkei closed fractionally in the red at 39,951.06, the Shanghai Composite finished in the green by 0.7 percent at 3,253.88, and the Hang Seng rose 1.9 percent to 20,101.04.
In New York last night, the Dow advanced 0.9 percent, the Nasdaq closed in the green by 0.2 percent, and the S&P 500 finished up 0.5 percent.
Among currencies, the euro changed hands at USD1.0489 against USD1.0401 on Thursday in closing European equities. In contrast, the pound is worth USD1.2430 from USD1.2334 on Thursday evening.
Among commodities, Brent crude is worth USD78.59 per barrel from USD78.24 per barrel at Thursday's European stock close. Gold trades at USD2,773.65 an ounce from USD2,750.21 an ounce last night.
On Friday's economic calendar, from the US 1545 CET will come the manufacturing and services PMIs. At 1900 CET, the Baker Hughes plant report will be released instead.
By Chiara Bruschi, Alliance News reporter
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