(Alliance News) – The Mib continues its upward trajectory at the start of the week, standing around 45,600 points after reaching a new post-euro all-time high above 45,700, consolidating last year's robust gains.

Driving the market is Leonardo, surging to the forefront thanks to rising geopolitical tensions following the U.S. military intervention in Venezuela and the capture of President Nicolas Maduro.

On the domestic front, traders remain focused on upcoming Italian macroeconomic data, such as PMI indices, preliminary December inflation, unemployment rate, and retail sales, which will serve as a barometer for the consolidated domestic economy's direction for the just-ended 2025.

Internationally, all eyes will be on the U.S. Non-Farm Payrolls due later in the week, a key indicator for future Federal Reserve moves.

The Mib is thus up 0.5% at 45,603.88 points.

Among the smaller indices, the Mid-Cap rises 0.2% to 59,041.02, the Small-Cap is up 0.2% at 37,042.17, while the Italy Growth index posts a 0.4% gain at 8,819.03.

Other European markets are also positive, with the CAC 40 up 0.7%, the DAX 40 gaining 0.9%, and the FTSE 100 rising 0.3%.

On the Mib in Milan, among the few decliners is Moncler, down 1.2% to EUR54.02 per share.

Leonardo continues its rally, advancing 5.6% to lead the index at EUR54.12 per share, marking its third consecutive bullish session.

Fincantieri maintains its performance, up 3.5% to EUR18.27 per share.

Tenaris is up 3.4%, on track for its fifth consecutive bearish session if confirmed at the close.

BPER Banca rises 2.3% to EUR12.03. Morgan Stanley has initiated coverage on the stock, setting a target price of EUR13.90.

Exor, Piero Ferrari, and the Piero Ferrari Trust have renewed their shareholders' agreement on Ferrari, confirming their strategic alignment on the Prancing Horse. As reported by Milano Finanza, the new pact will take effect upon the expiration of the current one on January 4, 2026, will last three years until 2029, and will be automatically renewable.

Ferrari thus gains 0.6% to EUR318.30 per share.

On the Mid-Cap, Newprinces slips 1.4% after a 2.2% gain in the previous session.

Piaggio falls 1.5%, ending a three-session mini-rally.

Avio advances 6.0% to EUR31.65 per share, marking its third consecutive bullish session.

Technoprobe posts a 1.4% gain to EUR13.11 per share, on track for its third straight bullish session if confirmed at the close.

Italmobiliare also stands out, pushing its price up 1.8% to EUR28.85 per share.

On the Small-Cap, Aeffe continues its rally, advancing 8.6%. The stock – which has not distributed a dividend since 2009 – is poised for its sixth consecutive bullish session.

Fidia raises its price by 2.3%, bouncing back after three losing sessions.

Class Editori moves up 4.1%, building on the 3.6% gain from the previous session.

Zucchi, on the other hand, drops 2.5% to EUR0.77 per share. The stock – which last paid a dividend in 2023 – continues to decline after two consecutive bearish sessions.

Among SMEs,

Edil San Felice shows strength, rising 8.5%, following Friday's 3.2% gain.

Circle Group – up 1.4% – announced Monday it has secured a contract from a major national logistics operator for technological upgrades and automation of two lanes with Totem for remote management at a multipurpose terminal in a Mediterranean port. The Gate Operating System will allow automated reading of front and rear license plates and container codes at the terminal gates, as well as integration with the TOS. The contract is valued at approximately EUR250,000.

TraWell Co – up 3.4% – announced Monday it has been awarded a new concession to provide its services at Bologna "Guglielmo Marconi" International Airport.

Among the numerous decliners, Gentili Mosconi sees selling pressure, dropping 5.4% after two bullish sessions.

Edgelab is down 4.1%, marking its fourth consecutive bearish session.

In New York on Friday evening, the Dow Jones gained 0.7%, the Nasdaq slipped fractionally, and the S&P500 rose 0.2%.

In Asia, the Nikkei gained nearly 3%, the Shanghai Composite climbed 1.4%, while the Hang Seng ended just above flat.

In currency markets, the euro trades at USD1.1688 from USD1.1745 at Friday's close in Europe, while the pound exchanges at USD1.3460 from USD1.3491 Friday evening.

Among commodities, Brent trades at USD60.74 per barrel from USD60.10 per barrel at Friday's European close, while gold stands at USD4,436.62 an ounce from USD4,320.12 an ounce Friday evening.

On Monday's economic calendar, U.S. construction sector data will be released at 1200 CET.

U.S. manufacturing analysis is scheduled for 1600 CET, followed by new car registration data in France at 1800 CET.

By Maurizio Carta, Alliance News Reporter

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