(Alliance News) - The Mib began the week on a bullish trend -- in line with other European exchanges -- with the point bar marking 34,100, as investors shine the spotlight on important appointments for the week, chief among them the ECB policy meeting scheduled for Thursday.
On the economic data front, German industrial production rose 2.1 percent in February, exceeding expectations, while foreign trade data showed another substantial increase in imports alongside a larger-than-expected drop in exports.
Thus, the FTSE Mib is advancing 0.3 percent to 34,112.76.
In Europe, London's FTSE 100 is advancing 0.1 percent, while Frankfurt's DAX 40 is up 0.6 percent as is Paris' CAC 40.
Among the smaller lists, the Mid-Cap advances 0.1 percent to 47,733.39, the Small-Cap rises 0.2 percent to 28,468.34, and Italy Growth is up 0.1 percent to 8,114.58.
On the Mib, boost on Interpump, which leads the price up 3.1% with new quote at EUR43.36 per share, rearing its head after four bearish sessions.
Azimut Holding--up 1.1 percent--reported Monday that it had net inflows of EUR598 million in March, bringing total net inflows since the beginning of the year to EUR1.5 billion. Total assets including assets under administration stood at EUR95.1 billion at the end of March, of which EUR63.2 billion refer to assets under management.
FinecoBank--up 0.7 percent--reported Monday that it recorded inflows of EUR806 million in March, bringing the total since the beginning of the year to EUR2.2 billion. Asset management weighs EUR120 million in March, with the year-to-date total rising to EUR469 million.
Purchases also on DiaSorin, which marks a plus 1.7 percent to EUR84.70 per share, also breaking a four-session bearish mini-trend.
At the bottom, Banca Monte dei Paschi is pricing itself bearish with a 0.6 percent red, after a 3.1 percent red on eve, with new price at EUR4.02 per share.
Campari is giving up 0.3% to EUR9.06 per share.
On the cadet segment, boost on Fincantieri, which is up 3.2% with price at EUR0.7540, after two sessions closed with bearish candle.
Also doing well was Intercos, which climbed 2.8% on the heels of Friday's close of plus 0.7%.
High quarters also for Industrie De Nora, which scores a plus 2.2% at EUR13.26 per share after two sessions among the bearish.
Maire Tecnimont -- which is continuing with its buyback program -- advances 0.9 percent. It last reported that it bought back 1.1 million of its own shares between April 2 and April 4, for a total value of EUR8.4 million.
At the tail end, ENAV is giving up 1.5 percent, following the 0.6 percent red of the previous session.
Juventus FC, on the other hand, closes the list with minus 3.7 percent at EUR2.02 per share. The company reported that the EUR200.0 million capital increase has been fully subscribed, following the sale of the unopted on the market. In the league round, however, the team beat Fiuornatina, enabling the Turin-based team to stretch into fourth place in the standings.
On the Small-Cap, Fidia advances, moving ahead 3.0% with new price at EUR0.30, after the 1.7% red of the previous session.
Boost also on Seri Industrial, which scores a plus 6.1 percent to EUR3.55 per share after 4.2 percent red on the eve.
For Softlab, on the other hand, the rise is 4.4 percent, following Friday's green with 4.6 percent and placing the price at EUR1.42 per share.
Red for Caleffi, which gives up 4.4 percent to EUR0.8620 bringing its year-to-date liabilities to about 16 percent.
Among SMEs, Destination Italia takes the top by advancing 4.3 percent with new price at EUR0.88 per share.
Alfonsino--up 3.6 percent--reported Monday that it has signed a new partnership agreement with SIDI Piccolo, a historic family-owned business associated with the VéGé group and operating in the large-scale retail sector under the Supermercati Piccolo banner. Through this new agreement, Alfonsino announces the extension of its home delivery service to Supermercati Piccolo outlets located in Pomigliano d'Arco and Caserta.
TMP Group's board of directors - down 24 percent and then suspended in a volatility auction - over the weekend reviewed and approved the draft consolidated financial statements as of December 31, which closed with a loss of EUR1.2 million compared to a net profit of EUR600,000 as of December 31, 2022. In the year under review, consolidated revenues stood at EUR5.6 million, down 12 percent on the previous year.
In New York on Friday evening, the Dow closed in the green by 0.8 percent, the Nasdaq rose 1.2 percent, and the S&P 500 closed up 1.1 percent.
Among currencies, the euro changed hands at USD1.0828 from USD1.0874 on Friday in European equities closing while the pound was worth USD1.2624 from USD1.2667 on Friday evening.
Among commodities, Brent crude is worth USD90.37 a barrel from USD89.25 on Friday night while gold trades at USD2,336.77 from USD2,293.72 on Friday night.
By Maurizio Carta, Alliance News reporter
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