(Alliance News) - Major European stock exchanges on Monday are expected to open mixed according to IG futures, with Milan and London expected to rise, while Frankfurt and Paris are expected to be just below par on a poor day on macroeconomic data.

Thus, the FTSE Mib is given up 55.0 points or 0.2 percent after closing in the green by 2.5 percent at 27,348.57.

In Europe, the CAC 40 is expected to be just below par as is the DAX 40 in Frankfurt while the FTSE 100 is expected to open up 10.9 points or 0.1 percent.

Meanwhile, from Germany, the Federal Statistical Office reported Monday morning that German industrial production fell 3.4 percent from the previous month in March 2023, reversing an upwardly revised 2.1 percent increase in February and worse than market forecasts of a 1.3 percent decline. The automotive sector, the bureau explains, was the biggest drag.

Among Italy's smaller lists, the Mid-Cap closed up 1.6 percent to 43,460.57, the Small-Cap rallied 1.5 percent to 28,855.03, and Italy Growth finished in the green 0.5 percent to 9,182.88.

On the main list of Piazza Affari, boost on Saipem, which rising 6.1 percent brought the new price to EUR1.3240 rearing its head after three sessions among the bearish.

DiaSorin, on the other hand, stretched 4.7 percent to EUR104.45, pending results due to be published Wednesday.

Prysmian Group -- up 2.9% -- on Friday announced that it had won an order worth more than EUR800 million for a new power transmission interconnection between France and Spain. The link will be built on behalf of INELFE, a 50-50 joint venture between Spanish grid operator Red Eléctrica and French grid operator Réseau de Transport d'Électricité.

Intesa Sanpaolo -- stretching 3.7 percent -- reported Friday that first-quarter net income showed a marked increase on a year-over-year and quarterly basis to EUR1.96 billion. In the first quarter of 2022 it was EUR1.04 billion while in the last quarter of last year it was EUR1.08 billion.

Operating income grew to EUR6.06 billion from EUR5.41 billion a year earlier and from EUR5.67 billion in the last quarter of 2022 while operating expenses declined on a cyclical basis, to EUR2.54 billion from EUR3.13 billion, but rose slightly on an annual basis, from EUR2.52 billion.

CNH Industrial's board released its first-quarter results, which closed with net income of USD486 million, with diluted earnings per share of USD0.35, compared with USD336 million in Q1 2022 and USD0.24 respectively. The stock closed up 2.3 percent.

On the Mid-Cap, Intercos advanced 3.4 percent to EUR16.02 per share. The board of directors reported Thursday that the company in the first quarter reported revenues of EUR234.6 million, up 34 percent from EUR174.6 million in the same period of 2022. Group adjusted Ebitda stood at EUR29.8 million, up 56 percent from EUR19.1 million as of March 31, 2022.

Good buys also on WIIT, which closed ahead 2.4 percent ending for the third session in a row on the bullish side.

Anima Holding - in the green by 1.2 percent - reported Friday that it closed the first quarter with net income essentially unchanged year-on-year, at EUR30.2 million from EUR30.3 million in the same period a year earlier.

Among the few bearish performers is GVS, which closed down 0.3 percent following up its eve's loss with 2.2 percent.

On the Small-Cap Bioera advanced more than 13 percent to EUR0.1120, following eve's decline with 7.1 percent.

Geox, on the other hand, picked up 8.1%, rearing its head again after three negative sessions.

TXT e-solutions - in the green by 0.9% reported Friday that it bought 29,403 of its own ordinary shares in the days between April 11 and 21. The price charged was about EUR19.50 per share, for a total of EUR568,439.66.

Banca Profilo--up 1.4 percent--reported Friday that it closed the first quarter with a net profit of EUR6.2 million, up 20 percent or EUR1.0 million from last year's first quarter result.

Among SMEs, Deodato advanced more than 10 percent, bringing its new price to EUR0.9780 and taking the lead in the list.

Fope closed up 5.5 percent, on the heels of eve's green also up 5.5 percent.

Caribbean Company -- down 0.8 percent -- reported that consolidated revenues as of March 31, 2023 stood at about EUR13.0 million, up more than 18 percent from EUR11.0 million in the first quarter of the previous year.

GM Leather, on the other hand, gave up 6.4 percent and bringing its new price to EUR1.60 per share.

In Asia, Nikkei is down 0.7% to 28,948.43, the Shanghai Composite rises 1.8% to 3,392.64 the Hang Seng gains 1.0% to 20,249.13.

In New York on Friday, the Dow Jones closed up 1.7 percent to 33,674.38, the Nasdaq finished in the green 2.3 percent to 12,235.41 while the S&P 500 picked up 1.9 percent to 4,136.25.

Among currencies, the euro changed hands at USD1.1043 versus USD1.1018 at Friday's close. In contrast, the pound is worth USD1.2651 from USD1.2603 on Friday evening.

Among commodities, Brent crude is worth USD75.74 per barrel versus USD75.23 per barrel Friday night. Gold, on the other hand, trades at USD2,021.10 an ounce from USD2,012.88 an ounce at Friday's close.

On Monday's macroeconomic calendar, the investor confidence sentix from the Eurozone is due at 1030 CEST.

In the afternoon, consumer inflation expectations arrive from the U.S. at 1700 CEST.

On Monday's economic calendar, quarterly reports from Banca Monte dei Paschi, Banco BPM, Nusco, PharmaNutra, Toscana Aeroporti and Valsoia are expected.

By Chiara Bruschi, Alliance News reporter

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