(Alliance News) - They all trade around the parity threshold of the major European stock exchanges, following the release of data on construction sector output in the Eurozone, which fell in December.

Thus, the FTSE Mib is in the green by 0.1 percent at 27,767.21. Among the smaller listings, the Mid-Cap is in the green by 0.2 percent to 44,694.98, the Small-Cap is in fractional green at 30,261.92, and Italy Growth is up 0.1 percent to 9,644.35.

In Europe, Paris' CAC 40 is in the red by 0.2 percent at 7,335.63, London's FTSE 100 is in fractional green at 8,006.12, and Frankfurt's DAX 40 is in fractional red at 15,480.25.

On the macroeconomic front, euro area construction output fell 2.5 percent on a monthly basis in December after falling 0.1 percent in November. On an annual basis, it fell 1.3 percent in December following a 1.3 percent increase in November.

In detail, in the euro area in December 2022, compared to November 2022, civil engineering decreased by 4.0 percent and building construction by 2.3 percent.

In the EU-27 states, output in construction on a monthly basis in December decreased by 0.2 percent after increasing by 0.1 percent in November. On a year-on-year basis, it fell 0.4 percent in December after rising 1.9 percent in November.

On the main list in Piazza Affari, Saipem is still at the top, up 3.2 percent. A2A also does well, up 1.1 percent, as do Stellantis and Italgas.

Enel - up 1.0% - announced Friday evening that it had sold stakes in two Argentine companies - Central Puerto and Enel Generación Costanera - for a total of USD102 million.

Inwit is in the red by 0.6%. On Friday, the company reported that the board of directors appointed Emilia Trudu as the company's director of administration, finance and control effective March 6, 2023.

The new commercial director will be taken over by Lucio Golinelli effective the same date.

Leonardo -- down 0.9 percent -- and Wojskowe Zak?ady Lotnicze Nr 1, part of the Polish defense group PGZ, on Friday concluded an agreement for long-term support of the Polish Air Force's fleet of M-346 "Bielik" aircraft, implementing the collaboration already in place.

At the tail end is Telecom Italia, which is 2.9 percent in the red. Also hurting is Tenaris, down 1.2 percent.

On the Mid-Cap, Banca Monte dei Paschi di Siena is on top with a plus 7.6 percent. Thursday reported that rating agency Moody's Investors Service upgraded the bank's ratings by 2 notches, raising the standalone Baseline Credit Assessment to "b1" from "b3," the long-term deposit rating to "Ba2" from "B1," and the subordinated debt rating to "B2" from "Caa1."

The long-term senior unsecured debt rating was upgraded by 3 notches to "B1" from "Caa1."

Acea's board of directors -- up 0.6 percent -- on Friday co-opted Barbara Marinali as a new nonexecutive director, replacing Michaela Castelli who resigned Feb. 14, 2023.

The board of directors appointed Marinali as chairman of the board.

Among the bearish, which are the minorities, Ascopiave is on the bottom with minus 1.5 percent, Ariston Holding gives up 1.2 percent as does Zignago Vetro.

On the Small-Cap, PLC - up 2.8 percent - reported Friday that PLC System, a group company, has signed a contract with Opdenergy Italia for the turnkey construction of a utility substation subservient to a 25 MW photovoltaic park in Contrada "La Francesca," Benevento province.

Better does only Eems, up 4.6 percent. Bioera, on the other hand, goes into the volatility auction with a 51 percent gain.

Tesmec is up 3.8 percent. On Thursday, it reviewed some preliminary management data for fiscal 2022, showing revenues up about 25 percent from fiscal 2021, thanks to the performance of the rail sector, the recovery of the trencher sector in the U.S. market, and an improved mix in the energy sector.

The group reported preliminary revenues for fiscal year 2022 in excess of EUR240.0 million in line with forecasts, up from EUR194.3 million as of Dec. 31, 2021, thanks to the important contribution of the businesses developed in recent years, rail and energy automation, which partially offset the difficulties of the trencher and stringing segment, which were more affected by critical supply issues.

Among SMEs, Marzocchi Pompe is unchanged at EUR4.38 per share. On Friday it reported that, following the termination of the working relationship between the company and Aldo Toscano, shareholder Abbey Road exercised its option to purchase Toscano's entire stake, corresponding to about 1.6 percent of the share capital, at the fixed price already agreed on the date of signing the aforementioned agreements and equal to the original book value of the stake, equivalent to EUR70,000.

SCK Group through Sciuker Frames--which is up 1.8 percent--reported on Friday, in light of the recent regulatory provisions on 110, that it "intends to reassure its investors about the objectives of the Business Plan to 2024, as the backlog related to the 110 interventions placed among the plan assumptions falls substantially within the transitional rules provided by Decree Law 11/2023 that allow the normal operation of the assignment of credit for all those interventions covered by Cila on the date of publication of the same Decree in the Official Gazette," the company explained in a note.

Digital360 is up 5.0 percent after announcing its key annual figures for 2022 on Friday, reporting pro forma revenues of EUR77 million from EUR41.4 million, up 85 percent from the same period last year.

Among currencies, the euro changed hands at USD1.0684 versus USD1.0678 at Friday's close. In contrast, the pound is worth USD1.2033 from USD1.2019 on Friday evening.

Among commodities, Brent crude is worth USD83.66 per barrel versus USD83.13 per barrel Friday night. Gold, meanwhile, trades at USD1,852.80 an ounce from USD1,839.66 an ounce at Friday's close.

On Monday's economic calendar, the U.S. import price index and export price index will be released at 1430 CET.

At 1600 European consumer confidence data is expected.

As for the companies listed on Piazza Affari, the results of Eles are expected.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.