(Alliance News) - The Mib is advancing, fluctuating above 43,300 points, consolidating at the highs of the last 18 years already reached at the end of August, and moving in line with the trajectory of other major European benchmarks.

On the macro front, new PMI data confirm resilient expansion in the Italian private sector. The composite PMI remained stable at 51.7 in September, while the services PMI rose to 52.5, its highest level since May.

On a weekly basis, the index is set to close its second consecutive week in positive territory, supported by favorable sector rotation and stable domestic macroeconomic signals.

As a result, the FTSE Mib is up 0.6% at 43,312.32 points.

The FTSE 100 in London is up 0.3%, the CAC 40 in Paris is up 0.4%, and the DAX 40 in Frankfurt is up 0.2%.

The Mid-Cap is up 1.1% to 58,041.30 points, the Small-Cap is up 0.5% to 37,236.51, while the Italy Growth is up 0.5% to 8,642.41 points.

On the MIB, Buzzi was among the few bearish stocks, falling 1.2% after a 0.4% decline in the previous session.

Prysmian, on the other hand, fell 0.7%, subject to profit taking after five bullish sessions.

Banco BPM advanced 1.7% to EUR12.85 after falling 2.1% the previous day.

Brunello Cucinelli rose 1.4% to EUR 91.68 per share after two bearish sessions. It should be noted that AQR Capital Management raised its short position on the stock to 0.90% from 0.81% previously.

Telecom Italia - up 4.0% - announced on Thursday TIM Enterprise's three-year plan for 2025-2027 worth EUR1 billion, after already investing EUR350 million in 2024. The company aims to strengthen the role of the TIM group as a technological driver and a point of reference for over 30,000 customers, including businesses and public administrations.

Banca Monte dei Paschi, on the other hand, advanced 0.1%. It should be noted that Morningstar DBRS improved its ratings, raising the long-term issuer rating and long-term senior debt to 'BBB' from 'BBB (low)'. At the same time, the long-term deposit rating was raised to 'BBB (high)' from 'BBB', while the short-term issuer rating rose to 'R-2 (high)' from 'R-2 (middle)'.

On the secondary market, SOL advanced 4.2%, increasing its market cap since the beginning of the year by over 40%.

Avio rose 5.4% to EUR56.60 per share, after gaining 2.1% in the previous session.

Fincantieri also performed well, rising 4.6%, following double-digit gains the previous day.

ERG, on the other hand, fell 1.1% after three bullish sessions, with a price of EUR 21.56 per share.

Sesa fell 0.7%, after two sessions closed with a bullish candle and an aggregate gain of over 5%.

On the Small-Cap index, Geox advanced 6.9%, taking the lead on the list and bringing the price to EUR 0.3415.

Seri Industrial is also performing well, up 1.1% and aiming for its third consecutive bullish session, with a monthly gain of 37%.

Softlab advanced 2.4%, priced at EUR 1.52 and bringing its year-to-date gain to over 87%.

Caleffi, up 1.8%, announced on Wednesday that it had launched a new buyback program involving a total of 125,000 shares worth EUR 100,000.

Esprinet, down 0.3%, announced that it had completed the acquisition of the entire share capital of Vamat BV, a company active in the B2B distribution of photovoltaic technologies and a value-added partner of Huawei. The agreed consideration at closing, amounting to EUR 12.6 million, was paid entirely in cash using available liquidity.

Among SMEs, Culti Milano rose 3.5% to EUR 14.80 per share, after gaining 3.6% in the previous session.

Doxee, on the other hand, rose 9.0% to EUR 3.87, updating its new 52-week high. Integrae SIM raised its target price from EUR 6.30 to EUR 6.40 per share, confirming its "buy" rating on the stock.

RedFish LongTerm Capital - flat at EUR1.35 - announced today the completion of the acquisition of Alpi Aviation Srl, a Friuli-based company active in the production of light aircraft, ultralight aircraft, helicopters, and dual-use drones for both civil and military use.

Among the few bearish stocks is Mevim, which is down 6.5%, heading for its third session to close with a bearish candle.

In New York, during the European night, the Dow Jones gained 0.2%, the Nasdaq advanced 0.4%, while the S&P 500 closed up 0.1%.

In Asia, the Nikkei gained 1.9%, the Shanghai Composite gained 0.5%, while the Hang Seng closed down 0.5%.

On the currency front, the euro is trading at USD 1.1736 from USD 1.1695 at Thursday's stock market close, while the pound is trading at USD 1.3449 from USD 1.3411 last night.

Among commodities, Brent crude traded at USD 64.69 per barrel, up from USD 65.40 per barrel at Thursday's close, while gold was worth USD 3,859.96 per ounce, up from USD 3,830.18 per ounce yesterday.

On Friday's economic calendar, the US services PMI is due at 1545 CEST, durable goods data at 1700 CEST, while at 0945 CEST, as usual on Fridays, the COT Report will be released.

By Maurizio Carta, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2025 Alliance News IS Italian Service Ltd. All rights reserved.