European Markets Remain in the Red; Brunello Cucinelli Stands Out

(Alliance News) – Major European stock markets continued to trade in negative territory on Tuesday, weighed down by renewed concerns over a potential escalation in the conflict between Israel and Iran, which has dampened investor sentiment.

The downward pressure was triggered by statements from US President Donald Trump, who called for the immediate evacuation of the Iranian capital, Tehran, and left the G7 summit ahead of schedule. These developments have fueled speculation about a more direct US involvement in support of military actions led by Israeli Prime Minister Benjamin Netanyahu.

Meanwhile, the Israeli military has continued a series of targeted strikes against Iranian strategic assets, including missile depots and launch infrastructure, keeping tensions high in the Middle East.

The FTSE Mib is currently down 1.5% at 39,349.85 points.

Among the secondary indices, the Mid-Cap is down 0.8% at 53,502.96 points, the Small-Cap slips 0.3% to 30,790.59 points, while the Italy Growth index gains 0.1% to 8,082.11 points.

Elsewhere in Europe, London’s FTSE 100 is down 0.5%, Paris’ CAC is off 0.9%, and Frankfurt’s DAX is down 1.2%.

On the Milan Stock Exchange, among the few gainers is Brunello Cucinelli, up 2.9% to EUR102.00 per share, following a 1.1% rise in the previous session.

Stellantis is also advancing, up 2.5% to EUR8.75 per share after a 0.7% gain on Monday.

Saipem rises 1.7% to EUR2.38 per share. Notably, Citadel Advisors has reduced its short position on the stock to 1.27% from 1.30%.

Leonardo, on the other hand, is down 2.9%, pulling back after three consecutive bullish candles.

UniCredit is down 3.1%, following a 3.4% gain the previous day. Notably, since the start of 2025, the bank’s market cap has increased by almost 47%.

In the Mid-Cap segment, among the few gainers is Garofalo Health Care, up 1.0% to EUR5.19 per share after a 1.0% decline on Monday evening.

Piaggio is also in the green, rising 1.9% after a 1.4% gain in the previous session.

Among the many decliners, Fincantieri is down 3.0% after a 0.6% gain on Monday. The stock has more than doubled its market capitalization in 2025 alone, marking a 104% increase.

MAIRE – down 0.2% – announced Tuesday that its subsidiary NextChem and newcleo have signed a binding agreement to establish Nextcleo, a joint venture between NextChem and newcleo. According to the company, the goal is to develop the Conventional Island and Balance of Plant of new-generation nuclear plants on a commercial scale, based on newcleo’s 200 MWe advanced modular reactor. NextChem will hold 60% of Nextcleo’s share capital, with the remaining 40% owned by newcleo.

Lottomatica is down 0.7%. Lottomatica Gamma Intermediate Sarl announced Tuesday that it has completed the placement of 53.6 million shares in Lottomatica Group, representing about 21.3% of the share capital, through a private placement via accelerated bookbuilding.

The placement price, determined in the context of the offer via accelerated bookbuilding to institutional investors, was set at EUR22.50 per share, with settlement expected on or around June 19, as the company explained in a statement. The total gross proceeds from the placement amount to approximately EUR1.20 billion.

On the Small-Cap index, Softlab is up 4.0% to EUR1.18 per share, following a 3.6% gain in the previous session.

Digital Value is also up 4.2%, after a 12% gain on Monday. The company announced it has been awarded five lots in a tender launched by Consip under the Multibrand Software Conventions, edition 7. The total value of the lots is EUR158 million, with EUR108.4 million attributed to the group, plus over 20% in statutory maximums subject to the capacity of the lots.

Class Editori is down 6.2%, following a 7.7% decline in the previous session.

Among SMEs, Eprcomunicazione advances 8.1% to EUR1.74 per share, following a 7.3% gain on Monday and reaching a price around EUR1.77, a new 52-week high.

Adventure is up 5.0% to EUR17.85, rebounding after four consecutive losing sessions.

Estrima is down 2.4%, bringing the price to EUR0.36 per share after two flat sessions.

Emma Villas closes out the list, down 9% to EUR2.06 per share.

On Wall Street last night, the Dow closed up 0.8%, the Nasdaq advanced 1.5%, and the S&P 500 ended up 0.9%.

In Asia, the Nikkei closed up 0.6%, the Shanghai Composite finished just below parity, and the Hang Seng fell 0.3%.

In currencies, the euro is trading at USD1.1556, down from USD1.1591 on Monday evening, while the pound is trading at USD1.3551, down from USD1.3595 the previous evening.

In commodities, Brent crude is trading at USD74.34 per barrel, up from USD71.15 per barrel at the previous close, while gold is valued at USD3,382.28 an ounce, down from USD3,392.83 an ounce the previous day.

On Tuesday, the economic calendar includes at 1430 CEST the release of US core retail sales, US export and import price indices, and retail sales control; at 1515 CEST, attention turns to US industrial production.

The day concludes at 2230 CEST with the release of US weekly crude oil inventories.

By Maurizio Carta, Alliance News Reporter

Comments and questions to [e-mail]

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