(Alliance News) - On Friday, the Mib lost ground, hovering around the 45,700-point mark and ending a two-session winning streak, despite a geopolitical context perceived as less tense.
On the international front, statements from U.S. President Donald Trump—who said the crackdown on protests in Iran is easing—helped mitigate the risks of military escalation, leading to a partial retreat of the geopolitical risk premium.
As a result, the FTSE Mib is down 0.3% at 45,702.73, the Mid-Cap is marginally in the green at 61,261.15, the Small-Cap drops 0.3% to 37,955.44, while Italy Growth edges slightly above parity at 8,870.44.
London's FTSE 100 is just above flat, Paris' CAC 40 is down 0.5%, and Frankfurt's DAX 40 is losing 0.2%.
In Milan, on the main blue-chip list of Piazza Affari, Fincantieri stands out, rising 2.9% to EUR19.77 per share after a 0.8% drop in the previous session.
Leonardo also advances by 2.0% to EUR59.18, rebounding after two bearish sessions.
Banca Monte dei Paschi di Siena—down 2.6%—announced it has successfully completed the placement of a European Covered Bond (Premium) Conditional Pass Through maturing on January 22, 2030, targeted at institutional investors, for a total amount of EUR750 million. The operation marked the reopening of the covered bond segment for Italian issuers in 2026, in a primary market context characterized by particularly high volumes. Demand was robust, with orders exceeding EUR2.4 billion from over 60 investors, allowing the amount to be set at EUR750 million.
Brunello Cucinelli brings up the rear, dropping 4.3% and extending its losing streak. Over the past five sessions, the stock has lost nearly 11% of its market cap.
In the mid-cap segment, Avio climbs 3.0% to EUR39.20 per share, after a 1.9% loss in the previous session. According to MarketScreener, the stock is rated by an average of five analysts with a target price of EUR43.40, making it about 14% undervalued.
MAIRE—leading with a 3.6% gain—reported it acquired 601,289 of its own ordinary shares between January 9 and 15, for a total value of nearly EUR8 million.
Ferretti—up 1.6%—announced Thursday that Ferretti International Holding Spa purchased 235,000 ordinary shares of the company. The shares were acquired at an average unit price of EUR3.53, for a total value of EUR830,000.
Mondadori—down 1.6%—announced Thursday it has signed an agreement to acquire 58.84% of Edilportale.com, a company active in developing content, services, and digital platforms for the architecture, design, and construction sectors. The deal is valued at EUR31.2 million, based on an enterprise value of EUR50 million and an estimated average positive net financial position of EUR3 million at closing.
On the Small-Cap, Caleffi tops the list, rising 2.9% to EUR0.9360 after two bearish sessions. The stock—which has not distributed a dividend since 2017—rebounds after two days of declines.
Generalfinance—up 0.4%—announced Thursday it has successfully completed a private placement of additional unsecured bonds for a total amount of EUR20 million, exclusively for qualified investors. The new bonds will be consolidated and form a single series with the EUR50.0 million bonds maturing in 2028 issued last April, as well as the EUR30.0 million due in 2028 issued in September.
Softlab advances 1.7%, following a 3.0% gain the day before, bringing the price to around EUR1.23.
Aeffe, on the other hand, drops 4.4%, following a 2.4% decline the previous day.
Among SMEs, Deodato Gallery performs well, up 6.6% to EUR0.2920 per share, building on a 5.4% gain the day before.
The board of directors of Metriks AI—not yet traded—has approved the issuance of a non-convertible bond loan of EUR1.8 million, aimed at supporting its external growth strategy through bolt-on M&A operations. The loan, named "Metriks AI Spa - Euribor 6 months + spread 2.50% (2026–2031)", has a total nominal value of EUR1.8 million and is divided into 18 registered bonds of EUR100,000 each, issued at par.
Haiki+—up 0.6%—announced Thursday that IGERS, in which it holds a 24.5% stake and which is active in textile waste recycling, has obtained authorization to build a new textile recycling plant. The project involves a total investment of EUR6 million, of which EUR1.3 million is co-financed by the PNRR. The plant, located in San Pietro Mosezzo in the Novara area, will become operational in the second half of 2026 and will have an authorized treatment capacity of 19,200 tonnes per year.
At the bottom, Estrima ends the session down 4.2%, after a flat previous day, with the price at EUR0.13 per share.
In New York, the Dow Jones closed Thursday up 0.6% at 49,442.44, the Nasdaq gained 0.3% to 23,530.02, and the S&P 500 rose 0.3%.
On the currency front, the euro is trading at USD1.1615 from USD1.610 at Thursday's European equity close, while the pound trades at USD1.3405 from USD1.3391 last night.
Among commodities, Brent is trading at USD64.46 per barrel from USD63.60 per barrel yesterday, while gold stands at USD4,606.34 an ounce from USD4,599.53 an ounce Thursday evening.
On Friday's economic calendar, focus is on U.S. industrial production at 1515 CET, while at 1900 CET the Baker Hughes rig count data is due.
By Maurizio Carta, Alliance News reporter
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