(Alliance News) - The Mib is expected to open higher on Monday in the first trading day of the new year that sees the major Asian exchanges, those of London and New York closed.

The FTSE Mib, therefore, is expected to open in the green by 145 points or 0.6 percent after closing Friday in the red by 1.5 percent to 23,706.96, thus ending 2022 with a contraction of more than 13 percent. On the yearly range, the low of 20,183 is recalled while the high was 28,212.39.

In Europe, Paris' CAC 40 is expected up 57.3 points or 0.9 percent while Frankfurt's DAX 40 is given up 157 points or 1.1 percent.

On the macro front, the Italian, French, German and Eurozone manufacturing purchasing managers' index is expected in the morning.

Among the smaller lists on Friday, the Mid-Cap closed down 1.1 percent at 39,374.15, the Small-Cap rose just above par at 27,739.53 while Italy Growth finished up 0.1 percent at 9,250.52.

In Milan, on the main list of Piazza Affari, Amplifon also closed in the red-after being the only bullish stock for most of the session-dropping 0.2 percent at the final bell.

Telecom Italia, on the other hand, gave up 3.8 percent, veering downward after two sessions closed in the green.

Enel closed down 1.4 percent after announcing that Enel Brasil, a subsidiary through Chilean listed company Enel Américas, has finalized the sale of its entire stake in Brazilian power distribution company CELG Distribuição CELG D, amounting to about 99.9 percent of the latter's share capital, to Equatorial Participações e Investimentos, a subsidiary of Equatorial Energia.

Another major state-owned investee, Eni, is also in the red. The six-legged dog's stock--down 2.3 percent--reported Thursday that Plenitude, through its U.S. subsidiary Eni New Energy US, has acquired the 81 MW Kellam photovoltaic plant located in North Texas, 50 miles from the Dallas Fort Worth metropolitan complex. The plant, sold by Hanwha Qcells USA, joins the other assets in Texas and the rest of the United States in Plenitude's portfolio, which with this transaction reaches an installed capacity of 878 MW in the U.S. market. The plant is built on more than 150 hectares of land and the energy produced will be sold to a local power company.

In the cadet segment, Cembre gave up 1.6 percent, after a 1.6 percent gain in the previous session.

Tod's, on the other hand, lost 2.0 percent, after eve's 1.5 percent gain.

Tinexta closed down 1.7 percent. The company announced Wednesday of the signing of a binding agreement to acquire a 20 percent stake in Defence Tech Holding Benefit Company through a wholly owned vehicle.

On the bullish side of the list, purchases on Wiit, which closed ahead 2.0 percent, ringing up its third straight session on the bullish side.

Ariston Holding also did well, moving ahead 2.3 percent, repeating eve's green with 1.6 percent.

On the small-cap side, Seri Industrial closed up 3.6 percent. The stock registered unusually high volume with over 237,000 pieces traded on a three-month average of about 87,000.

Landi Renzo, on the other hand, rose 2.0 percent on the heels of the eve's 1.1 percent green.

Conafi gave up 2.3 percent, ending for the third session in a row on the bearish side.

Next Re finished down 0.9 percent. The company recently announced that a final purchase and sale agreement was signed with IHC Verona Srl, a company subject to the management and coordination of AHC International Consulting AG, regarding the hotel property located in Verona, for a sale price of EUR7.4 million plus tax.

Among SMEs, Alfonsino closed down 3.9 percent, retracing after Thursday's green with 8.4 percent.

Almawave, on the other hand, rose 0.8 percent, following a 0.7 percent gain in the previous session.

Pharmacosmo took home an asset of over 11 percent, after also closing in the green on the eve of the session albeit with 0.5 percent. The stock traded high, with more than 89,000 changed hands compared to a three-month average of 18,700.

In New York on Friday, the Dow Jones closed 0.2 percent in the red at 33,147.25, the S&P finished negative 0.3 percent at 3,839.50, and the Nasdaq gave up 0.1 percent to 10,466.48.

In Asia on Friday, the Nikkei closed fractionally in the green at 26,094.50, the Shanghai Composite finished in the green by 0.5 percent at 3,089.26, and the Hang Seng was up 0.2 percent at 19,781.41.

Among currencies, the euro changed hands at USD1.0685 against USD1.0686 at Friday's close. In contrast, the pound is worth USD1.2075 from USD1.2058 on Friday evening.

Among commodities, Brent crude is worth USD85.91 per barrel from USD83.94 per barrel Friday night.

Gold, on the other hand, trades at USD1,824.02 an ounce from USD1,815.34 an ounce Friday night.

On Monday's economic calendar, at 0945 CET, Italy's manufacturing purchasing managers' index will be released, then five minutes later France's, then Germany's, and at 1000 CET will come the Eurozone's.

Among the companies in Piazza Affari, no particular announcements are expected.

By Chiara Bruschi, Alliance News reporter

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