(Alliance News) - Another session of momentum on Tuesday for the main European markets, as attention remains almost exclusively focused on developments in the Middle East conflict, now entering its third week.
Central banks remain cautious, analyzing inflation risks linked to rising energy prices.
On the domestic front, Italian consumer prices in February increased at a slower pace than preliminary estimates but showed an annual acceleration compared to the previous month.
Italy"s annual inflation accelerated to 1.5% in February from 1.0% the previous month, lower than the 1.6% forecast in preliminary estimates released by the statistics office.
In this context, the Mib closed up 1.2% at 44,887.54 points, the Mid-Cap recorded a contraction of 0.1% to 53,464.41, the Small-Cap fell 0.7% to 32,592.72, and Italy Growth shed 0.3% to 8,326.70 points.
Other stock exchanges also ended in positive territory: Paris"s CAC 40 rose 0.5%, Frankfurt"s DAX 40 gained 0.7%, and London"s FTSE 100 climbed 0.8%.
In Piazza Affari, another session in deep red for Amplifon, which fell 11% to EUR8.06 per share. S&P confirmed the company"s BB+ rating with a Stable Outlook following the deal to acquire GN Hearing.
Eni, which touched a 52-week high and ended trading up 3.6%, started the first gas supplies from the Quiluma field through the New Gas Consortium, offshore Angola.
Utilities confirmed a positive trend, with Enel rising 2.7%.
A2A - up 0.7% - announced on Tuesday that it closed 2025 with growing investments and declining profit, while increasing the dividend to be distributed to shareholders. Total investments reached EUR1.7 billion, an 11% increase over the previous year.
Tenaris took the top spot in the basket, rising 3.6% to EUR24.11 per share.
Iveco Group - with daily gains of 0.6% - announced that all preliminary conditions for the closing of the sale of its Defense Business, which includes the IDV and ASTRA brands, to Leonardo - which recorded a 0.8% decline - have been met.
Regarding the banking risk, tension remains high between UniCredit - which closed up 0.5% - and Commerzbank, with the CEO of the German lender describing the Italian counterpart"s offer as hostile and well below the target price.
Stellantis, closing up 3.1%, is dealing with significant production overcapacity in Europe. According to AlixPartners, cited by Bloomberg, the group has an annual capacity of approximately 6.5 million vehicles, but plants are operating at an average of only 46%, with about 3.5 million excess units. This is a sharp deterioration from the 71% utilization rate in 2017.
On the Mid-Cap, Webuild signed a Memorandum of Understanding with Hyundai Engineering & Construction, aimed at consolidating a collaboration already taking shape in several markets with strong infrastructure dynamism. The stock closed down 1.1%.
Deeper integration between Alleanza Assicurazioni and Banca Generali, which gained 1.8% on the day, could generate significant benefits in terms of distribution, revenue, and valuation.
According to Mediobanca Research, the operation could bring up to EUR6 billion in value and a 12% increase in the capitalization of Generali, which could take advantage of the current favorable environment to increase its stake beyond the 50.2% already held in the bank.
A day of discussions took place at Palazzo Chigi in an attempt to overcome the impasse over Pirelli"s governance.
The Golden Power committee heard from representatives of the Bicocca-based group and its main shareholders: China National Tire and Rubber Corp, a subsidiary of Sinochem which owns 34.1% of the capital, and Camfin, the leading Italian shareholder led by Marco Tronchetti Provera, which announced a further strengthening of its stake from 25.5% to 25.7%, also reiterating its willingness to increase it up to 29.9%. Pirelli stock closed up 1.0% at EUR5.77 per share.
Tamburi Investment Partners - which recorded a 2.7% decline - announced that it closed 2025 with a pro-forma consolidated net profit of EUR95 million, a 47% increase from EUR64.6 million as of December 31, 2024.
The company also informed that it has proposed a dividend of EUR0.26 per share, up from the EUR0.15 paid in 2024.
On the Small-Cap, I Grandi Viaggi - down 0.9% at the end of trading - closed the first quarter with a loss of EUR2.2 million, compared to a loss of EUR2.1 million in the same period of 2025.
Revenue for the period stood at EUR9.2 million, up from EUR8.4 million in the first quarter of 2025.
OPS eCom announced that it received a binding offer from RBS Holding to purchase 100% of SCL, held by Deva.
The transaction involves a consideration of EUR150,000 plus the assumption of approximately EUR300,000 in debt, with deferred payment between the signing and May 2026. The stock saw no trading activity.
Gabetti Property Solution - with a positive daily stock return of 0.3% - announced that it approved consolidated data as of December 31, 2025, reporting a group net profit of EUR100,000 compared to EUR1.1 million in 2024.
Among SMEs, FAE Technology - with a 3.5% contraction at the end of the session - closed the 2025 financial year with revenue at EUR66.5 million, down from EUR71.8 million the previous year.
The value of production for the period amounted to EUR67.6 million, a decrease from EUR75.5 million recorded as of December 31, 2024.
Cyberoo approved the purchase from Sedoc Digital Group of a portfolio of trade receivables related to cybersecurity services, with a nominal value of EUR5.7 million and a consideration of approximately EUR5.3 million. The stock decreased by 0.9%.
Misitano & Stracuzzi confirms a difficult market environment, marked by rising raw material costs and a drop in orders from its main customer due to de-stocking policies.
These dynamics weighed on the results for the second half of 2025 and prospective cash flows, leading the stock to a massive 66% drop today to EUR0.56 per share.
In New York, the Dow Jones is up 0.3%, the Nasdaq is gaining 0.5%, while the S&P 500 records a 0.3% increase.
On the currency front, the euro is trading at USD1.1529 from USD1.1481 on Monday, while the pound exchanges at USD1.3347 from USD1.3294 yesterday evening.
Among commodities, Brent is trading at USD101.55 per barrel from USD102.92 per barrel yesterday, while gold is worth USD5,002.53 per ounce from USD4,981.49 per ounce on Monday evening.
On Wednesday"s economic calendar, the Japanese trade balance is expected at 0050 CET, while at 1200 CET the focus shifts to US mortgages, and at 1330 CET it is the turn of the US producer price index.
At 1900 CET, the FOMC decision is expected along with interest rate projections, followed by the traditional press conference at 1930 CET.
In Piazza Affari, results from Brembo, Eni, and five other companies are expected.
By Michele Cirulli, Alliance News reporter
Comments and questions to redazione@alliancenews.com
Copyright 2026 Alliance News IS Italian Service Ltd. All rights reserved.
