(Alliance News) - The Mib advanced in the 34,700 area on Friday, with only London at a loss among the European exchanges. Trading rooms do not appear particularly bothered by the turbulent political scene in France. French President Emmanuel Macron gave a speech in which he criticized parliamentarians for failing to take voters' concerns into account, after a motion supported by both left-wing and right-wing MPs led to the fall of Prime Minister Michel Barnier's minority government.
Thus, the FTSE Mib is advancing 0.5 percent to EUR34,793.29.
Among the smaller listings, the Mid-Cap is in the green 0.1 percent to 48,035.91, the Small-Cap is in the green 0.5 percent to 28,257.19, and Italy Growth is in the red 0.2 percent to 7,735.45.
In Europe, London's FTSE 100 is giving up 0.2 percent, Paris' CAC 40 is advancing 0.4 percent, and Frankfurt's DAX 40 is in the green by 0.1 percent.
On the Mib, Moncler is off to a good start, leading the price up 3.4% to EUR49.50 per share, in position for the third session to close among the bullish.
Still buying on Stellantis, which is up 2.3% targeting the qurth session to close with bullish candle.
Generali - up 0.1 percent - is considering several M&A deals in asset management, aiming to strengthen 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.
FinecoBank--just above par at EUR16.23--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.
Nexi - in the green by 0.4% - announced Thursday the consolidation of its partnership on digital payment services for the next five years with Banca del Piemonte.
Tenaris, on the other hand, is giving up 0.7%, after a 1.4% gain on the eve.
BPER Banca, on the other hand, is giving up 2.2 percent, subject to profit taking after three sessions closed among the bullish.
On the Mid-Cap, Digital Value advances 7.7 percent with price at EUR24.50 per share. Of note, on the stock PDT Partners has filed its short position to 0.49% from 0.50% previously.
Salvatore Ferragamo is advancing 3.0% to EUR6.29 per share. Of note, Goldman Sachs cut its target price on the stock to EUR6.50 from the previous EUR7.10.
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.
d'Amico, on the other hand, is giving up 1.3 percent to EUR4.11 per share, after a 0.4 percent gain on the eve of the meeting.
LU-VE, on the other hand, is retreating 1.3 percent to EUR27.00 per share, veering downward after three sessions in surplus.
On the Small-Cap, TXT e-solutions is advancing 3.8% to EUR32.25 per share, updating the high in the 52-week time frame.
SIT, on the other hand, is appreciating by 3.0 percent to EUR0.9480, following the flat session on the eve of the session with price at EUR0.9480.
Aeroporto Guglielmo Marconi Di Bologna - flat at EUR7.60 - reported Thursday that in November passengers exceeded 700,000, up 9.7 percent over the same month in 2023, while the peak day was Sunday 3, which saw 31,060 total passengers transiting between arrivals and departures.
In contrast, Mondo TV is giving up 4.8 percent to EUR0.1286, a new 52-week low. The company announced Thursday that it has renewed its partnership with SEI (Vic) Pty Ltd Australia.
Among SMBs, Eprcommunication is advancing 8.1 percent to EUR1.29 per share, after eve's 0.8 percent deficit balance. The stock was previously coming off a bullish quaternary.
Distribuzione Elettrica Adriatica--flat at EUR8.06 per share--announced Thursday the closing of the acquisition of an 80 percent controlling stake in ASPM Soresina Servizi, which is active in electricity distribution and metering in the municipality of Soresina and methane gas distribution in several municipalities in Lombardy. The transaction, worth a total of about EUR3.7 million,
Impianti is instead divesting 1.6 percent. The company announced Thursday that it has signed a strategic partnership with Strada Artificial Intelligence in the field of advanced air mobility.
In New York, the Dow closed in the red by 0.6 percent, the Nasdaq was down 0.2 percent, and the S&P 500 gave up 0.2 percent.
In Asia, the Nikkei gave up 0.8 percent, the Shanghai Composite closed picking up 1.1 percent, while the Hang Seng is advancing 1.6 percent.
Among currencies, the euro changed hands at USD1.0571 from USD1.0571 on Thursday in closing European equities. The pound is worth USD1.2749 versus USD1.2754 last night.
Among commodities, Brent crude is worth USD71.89 a barrel from USD72.20 at Thursday night's close. Gold trades at USD1,930.00 an ounce from USD2,661.49 an ounce last night.
Friday's macroeconomic calendar includes at 1000 CET, from Italy, the retail sales figure; at 1100 CET, the Eurozone GDP figure will be available;
In the afternoon, from the US, at 1430 CET, the unemployment rate will be released; at 1515 CET, FOMC member Bowman's speech is expected.
It closes, also from the US, at 1900 CET with the Baker Hughes drilling rigs report.
No particular announcements are expected among companies listed on the stock market.
By Maurizio Carta, Alliance News reporter
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