(Alliance News) - On Monday, the main European stock markets opened the week cautiously, amid widespread caution among traders, who are weighing developments on the trade war front and awaiting key monetary policy decisions from several central banks, as well as important macroeconomic data and corporate results expected in the coming days.
US President Donald Trump ruled out imminent contact with his Chinese counterpart, while showing openness to a possible reduction in tariffs on imports from China, with a view to reviving dialogue and facilitating a resumption of trade negotiations.
The Eurocoin remained unchanged in April, as announced on Monday by the Bank of Italy and the Centre for Economic Policy Research. The indicator remained at 0.25 points in April, benefiting from the recovery in industrial production but affected by the deterioration in business and household confidence.
The FTSE Mib is trading just below parity at 38,311.30 points.
Among the smaller indices, the Mid-Cap is perfectly flat at 51,750.98, the Small-Cap is down 0.1% at 29,805.91, while the Italy Growth is also down 0.1% at 7,737.70.
Among other European markets - with London closed for a bank holiday - the CAC 40 in Paris is just below parity, while the DAX 40 in Frankfurt is up 0.2%.
On the Piazza Affari's highest capitalization list, DiaSorin is up 1.4% to EUR100.40 per share, ahead of its quarterly results.
Nexi is up 1.4%, replicating Friday evening's gains and reaching EUR 5.42 per share.
Amplifon is up 1.6%, marking its third consecutive daily gain.
Among the few losers, Eni was the worst performer, falling 1.6% to EUR 12.42 per share after losing 0.4% in the previous session.
On the Mid-Cap, LU-VE advanced 3.4%, following Friday's 2.1% rise.
MAIRE - up 3.6% - announced on Monday that its subsidiaries Tecnimont and KT-Kinetics Technology have been awarded new contracts worth a total of approximately USD 1.1 billion.
Webuild, on the other hand, traded down 0.4%. A ten-year international arbitration award has awarded Webuild USD 147 million following a dispute with Argentina over the project for the construction and concession of the Rosario-Victoria motorway link, which also includes a bridge over 600 meters long.
Banca Ifis announced on Friday that it had received all the necessary authorizations to proceed with the voluntary public tender offer for all the shares of illimity Bank. Following the green light from the European Central Bank on April 28, the bank also obtained approval from the Bank of Italy.
Banca Ifis is thus trading up 0.3%, while illimity is down 0.2% on the Small-Cap index.
On the Small-Cap market, Seco advanced 3.4%, following on from the 1.9% gain in the previous session.
EPH - in volatility auction after a 19% rise - announced that its board of directors has approved the new binding offer received from Urban Vision, a media company active in urban communication innovation. Urban Vision, declaring itself satisfied with the due diligence conducted on EPH, confirmed its commitment to subscribe to a cash capital increase of EUR 2 million, intended to satisfy the claims of the company's financial and commercial creditors, and a subsequent capital increase in kind, through the contribution of an asset yet to be identified.
The board of Vincenzo Zucchi - not yet traded - announced that it had approved the interim management report as of September 30, 2024, closing the period with a loss of EUR 2.1 million, compared to a profit of EUR 2.9 million in the first nine months of 2023. Consolidated turnover as of September 30, 2024, amounted to EUR 70.2 million, down 30% compared to the same period of the previous year, when it amounted to EUR 100.6 million.
Digital Value trails behind, down 3.8%. On Friday, the company announced that it had received four communications from Consip Spa regarding tenders already awarded to the group for the supply of server technologies and related and optional services for public administrations, the granting of multi-brand software licenses, and the granting of multi-brand software licenses. The total amount of the various lots is approximately EUR 100 million.
Among SMEs, Energy rose 4.7%, its fourth consecutive bullish candle.
Growens, on the other hand, is up 2.1%, rebounding after a mini-downtrend that lasted four sessions.
Alfio Bardolla is bringing up the rear, down 4.5% to EUR1.91, a new low in the 52-week time frame.
In New York on Friday, the Dow gained 1.2%, while the Nasdaq rose 1.5%, as did the S&P 500.
Among currencies, the euro traded at USD 1.1332 from USD 1.1339 on Friday evening, while the pound traded at USD 1.3229 from USD 1.3294 on Friday evening.
Among commodities, Brent crude traded at USD 60.01 from USD 61.16 per barrel at the close of European trading, while gold traded at USD 3,263.70 from USD 3,245.16 per ounce on Friday evening.
Asian markets will remain closed for the entire day on Monday: in Japan for Children's Day, in China for Labor Day, and in Hong Kong for celebrations in honor of Buddha. It is also a holiday in the UK for the Early May Bank Holiday.
Monday's macroeconomic calendar opens at 10:30 CEST with the publication of the Sentix index, which measures investor confidence in the Eurozone.
At 3:00 p.m. CEST, three BTF auctions will be held in France, with maturities of three, six, and 12 months, respectively.
At 3:45 p.m. CEST, the S&P Global Composite PMI index is scheduled to be released in the US, followed at 4:00 p.m. CEST by the ISM Non-Manufacturing Index.
Also in the US, at 5:30 p.m. CEST, there will be auctions of three- and six-month Treasury bills, while at 7:00 p.m. CEST, it will be the turn of the auction for three-year securities.
At 5:00 p.m. CEST, in Germany, a speech by Mauderer, member of the Bundesbank's board, is expected.
Among companies listed on the Italian stock exchange, Promotica is expected to release its financial results, while Nusco will release its quarterly results.
By Maurizio Carta, Alliance News reporter
Comments and questions to redazione@alliancenews.com
Copyright 2025 Alliance News IS Italian Service Ltd. All rights reserved.
