(Alliance News) - On Friday, the Mib is advancing to around 34,800, touching its highest level in more than a month and extending its winning streak that points to seven consecutive sessions. Investors are still monitoring the political situation in France as they await the U.S. jobs report, with the main Parisian list doing best of all, to boot.

In Milan, volume marks 170 million pieces traded, with a counter value of about EUR773 million and a put/call ratio of 1.53. Considering all listings, 28 percent of stocks are up, while 19 percent are down, 5 percent unchanged, and 48 percent not traded.

Thus, the FTSE Mib is advancing 0.5 percent to EUR34,870.62 points.

Among the smaller listings, the Mid-Cap is in the green by 0.3% to 48,163.97, the Small-Cap is in the green by 0.8% to 28,361.59, and Italy Growth is in the green by 0.1% to 7,756.26.

In Europe, London's FTSE 100 is giving up 0.1 percent, Paris' CAC 40 is advancing 1.3 percent, and Frankfurt's DAX 40 is in the green by 0.2 percent.

On the Mib, Moncler remains bullish, which is leading the price up 5.5% to EUR50.42 per share, in position for the third session to close among the bullish.

Still buying on Stellantis, which is up 4.1% targeting fourth session to close with bullish candle.

FinecoBank - in the green by 1.0 percent to EUR16.38 - 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 0.6% - announced Thursday the consolidation of its partnership on digital payment services for the next five years with Banca del Piemonte.

Generali - up 0.1% - 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 file on Natixis, 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.

Tenaris, on the other hand, is giving up 1.1 percent, after a 1.4 percent gain on the eve of trading.

BPER Bank, on the other hand, is giving up 1.4 percent, subject to profit taking after three sessions closed among the bullish.

On the Mid-Cap, Digital Value advances 7.3 percent with price at EUR24.40 per share. The seven-day time frame stock shows a market cap increase of more than a third, while on the monthly it has more than doubled, up 112%. Of note, on the stock PDT Partners has filed its short position to 0.49% from 0.50% previously.

Salvatore Ferragamo is advancing 3.8% to EUR6.34 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 0.6 percent to EUR4.14 per share, after a 0.4 percent gain on the eve of the meeting.

LU-VE, on the other hand, is retreating 0.2% to EUR27.30 per share, veering downward after three sessions in surplus.

On the Small-Cap, TXT e-solutions is advancing 4.1 percent to EUR35.35 per share, updating during trading the high in the 52-week time frame to EUR35.40 per share.

Aeroporto Guglielmo Marconi Di Bologna--flat at EUR7.60--reported Thursday that 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 1.5 percent to EUR0.1286, a new 52-week low. The company announced Thursday that it has renewed its partnership with SEI Pty Australia.

Among SMEs, Eprcommunication is advancing 4.8 percent to EUR1.30 per share, after the balance of eve's 0.8 percent loss. 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 giving up 1.6 percent. The company announced Thursday that it has signed a strategic partnership with Strada Artificial Intelligence in the advanced air mobility sector.

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.

Among currencies, the euro changed hands at USD1.0574 from USD1.0571 on Thursday in closing European equities. The pound is worth USD1.2752 versus USD1.2754 last night.

Among commodities, Brent crude is worth USD71.60 per barrel from USD72.20 at Thursday night's close. Gold trades at USD2,639.17 an ounce from USD2,661.49 an ounce last night.

Friday's macroeconomic calendar includes in the afternoon, from the US, at 1430 CET the release of the unemployment rate report; 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.

By Maurizio Carta, Alliance News reporter

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