(Alliance News) - The Milanese index moves in an uptrend on Friday, extending the slight rebound of the last session and placing the bar just below 27,300 points as trading floors continue to assess the extent of restrictive monetary policy by major central banks.

Thus, the FTSE Mib, is up 0.1 percent at EUR27,294.69.

In Europe, London's FTSE 100 is advancing 0.3 percent, Paris' CAC 40 is up 0.1 percent, and Frankfurt's DAX 40 is in the red by 0.1 percent.

Among Italy's smaller lists, the Mid-Cap is up 0.4 percent to 44,686.29, the Small-Cap is picking up 0.2 percent to 30,121.70, and Italy Growth is just above par at 9,545.57.

On the main list in Piazza Affari, Saipem is advancing well, taking the top spot by climbing 3.0% pending results due to be published on Monday.

High quarters also for ERG, which advances 1.6% rearing its head after four bearish sessions.

Telecom Italia is doing well, advancing 0.8% to EUR0.3050 per share on the day the board will meet to sift through the KKR fund's offer.

Moncler, meanwhile, advances 0.9 percent to EUR58.78 as it awaits results due to be published on Tuesday.

Among the few bearish performers is Pirelli, which gives up 1.7 percent. On Wednesday, the board approved preliminary results as of December 31, 2022, reporting numbers up and above the targets set in November 2022, which had already been revised upward during the year, the company specified in a note. Revenues in 2022 were EUR6.62 billion, above the target of EUR6.5 billion and up 24 percent from 2021, when they were EUR5.33 billion. Net income in 2022 was EUR435.9 million, up 36 percent from EUR321.6 million in 2021.

On the Mid-Cap, Ascopiave advanced 0.4% EUR2.64 per share and reared its head after four sessions on the bearish side.

Iren, on the other hand, advances with 2.4 percent to EUR1.66 and breaking the three-session bearish mini-trend.

doValue -- down 5.8 percent -- reported Thursday its main results for the year ended Dec. 31, 2022, reporting a net profit including nonrecurring items of EUR16.5 million from EUR23.7 million in the same period of 2021 and marking a decline of more than 30 percent.

Banca Monte dei Paschi di Siena - in the red by 1.2 percent - on Thursday evening announced that it had successfully completed the placement of an unsecured senior preferred bond issue with a maturity of 3 years - repayable in advance after 2 years - aimed at institutional investors, in the amount of EUR750 million.

On the Small-Cap, Gequity advances 3.5 percent. The stock - which has not detached its dividend since 2001 and shows an annual volatility of 63 - brings the price to EUR0.0120.

Autostrade Meridionali -- up 11 percent -- announced Thursday that it had approved results as of Dec. 31, reporting a profit for the period of EUR15.8 million from EUR16.0 million in the same period last year. Revenues for 2022 amounted to EUR34.0 million from EUR89.9 million as of Dec. 31, 2021, down 62 percent.

The board of directors of IGD SIIQ -- up 2.6 percent -- on Thursday reviewed and approved the draft annual financial statements and consolidated financial statements as of December 31, 2022, reporting, "as a result, in particular, of increased changes in fair value," as explained in a note, a net loss of EUR22.3 million, which compares with a profit, in 2021, of EUR52.8 million. The board also proposed a unit dividend per share of EUR0.30.

Among the bearish, Bioera gives up 4.4 percent, placing the price at EUR0.2390.

Among SMEs, in the very small group of bearish, Fenix Enetertainment gives up 9.2 percent with price at EUR1.29, before going into volatility auction.

Alfonsino takes the lead, advancing 5.9 percent to EUR1.1080.

Gibus, on the other hand, appreciates 4.2 percent to EUR14.90 per share.

The board of directors of MeglioQuesto - down 5.1 percent Thursday evening reviewed the main consolidated and consolidated pro forma economic and financial operating data as of December 31, with production value in the range of EUR78.0 and EUR81.0 million, a double-digit increase of no less than 20 percent over the 2021 figure of EUR62.5 million.

In New York - on the European night - the Dow closed in the green by 0.3 percent, the Nasdaq up 0.7 percent, while the S&P 500 closed up 0.5 percent.

Among currencies, the euro changed hands at USD1.0594 versus USD1.0583 at Thursday's close. In contrast, the pound is worth USD1.2021 from USD1.2014 on Thursday evening.

Among commodities, Brent crude is worth USD83.13 per barrel versus USD81.75 per barrel on Thursday evening. Gold, on the other hand, trades at USD1,822.95 an ounce from USD1,821.68 an ounce at Thursday's close.

On Friday's macroeconomic calendar, in the afternoon, from the US at 1430 CET will come the price index for personal expenditures and the consumer spending close index.

From Canada at the same time will come out the manufacturing sector sales and wholesale sales.

At 1600 CET, data on new home sales and the Michigan Confidence Index for February are expected from the US.

Among companies listed on the Milan Stock Exchange, results from Juventus FC, Laboratorio Farmaceutico Erfo, Omer and Sogefi are expected.

By Maurizio Carta, Alliance News reporter

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