(Alliance News) – On Friday, the market trend confirmed the opening results, with the main European stock exchanges in positive territory with the sole exception of the Frankfurt Stock Exchange which was down.
Thus, the FTSE Mib is in the green by 0.4 per cent at 24,926.90, the Mid Cap is in the green by 0.2 per cent at 40,676.44, as are the Small Caps at 28,354.70, while Italy Growth is up 0.1 percent to 9,399.43.
In Europe, Paris’ CAC 40 rose 0.2%, London’s FTSE 100 gained 0.3%, while Frankfurt’s DAX 40 fell 0.1%.
In macro news, the Eurozone is reporting that inflation cooled more than expected in the final month of last year, falling below double digits after two months.
As regards the main components of inflation in the euro area, energy recorded the highest annual rate in December, at 26% compared to 35% in November, followed by food, alcohol and tobacco 13.8% against 13 6% in November, non-energy industry goods 6.4% against 6.1% in November and services 4.4% against 4.2% in November.
However, Eurozone retail sales returned to month-on-month growth in November, but declined further year-on-year. As Eurostat explains, retail sales of non-food products increased by 1.6% in November month-on-month and decreased by 2.3% year-on-year; fuels increased by 1.0% on a monthly basis and by 4.4% on an annual basis; and sales of food, alcohol and tobacco decreased 0.9% month-on-month and 4.6% year-over-year.
As regards economic sentiment, in December the economic sentiment indicator rose for the second month both in the EU, by 1.5 points to 94.2, and in the Eurozone, by 1.8 points to 95.8 , but remained below its long-term average.
The employment expectations indicator remained broadly stable, well above its long-term average, falling by just 0.4 points to 105.9 in the EU and remaining unchanged at 107.3 in the euro area.
Milan, in the main roster of Piazza Affari, Stellantis loses 0.6 percent. The company reaffirmed its commitment to developing its data and connected services offering by launching Mobilisights, a new standalone business unit.
Its new offering, Mobilisights, is designed to grow the enterprise’s data-as-a-service business and to develop and license cross-enterprise products, applications and services.
The new unit will leverage Stellantis data on connected vehicles, the number of which is expected to reach 34 million by 2030.
Hera grew by 1.2% after announcing Thursday 150 million euros of investments in district heating in the period 2023-2026.
Among these, three Hera group projects dedicated to district heating – Bologna, Ferrara and Forlì – obtained funding under the National Recovery and Resilience Plan, the “Green Revolution and Ecological Transition” mission, for a total amount of almost 50 million EUR.
Terna gains 0.5% after signing the agreement for the acquisition of 100% of the capital of Edyna Transmission, a company of the Alperia group dedicated to the transmission sector, owner of 34 km of high voltage lines and two power plants. .
The assets are already part of the national electricity transmission grid and were acquired by Terna for a total value of approximately 14 million euro. The agreement is subject to compliance with certain conditions.
Moncler, meanwhile, fell 0.5 percent as Bernstein raised its price target from 54.00 euros to 60.00 euros.
On the mid-cap, PharmaNutra is down 1.3%. The company announced the signing of three new international trade agreements for the distribution of SiderAL and Cetilar product lines in the Republic of Indonesia, Kuwait and Mexico.
With the signing of these new contracts, the PharmaNutra group now has 47 distributors in 70 countries in Europe, Asia, Latin America and Africa.
The first place is occupied by Carel Industries, with growth of 1.8%. The company said Wednesday that it no longer meets the conditions required to be considered an “SME,” small and medium-sized enterprise.
The same fate was reserved for GVS, which, however, is at the bottom of the rankings and loses 1.8%.
On the small capitalization, Guglielmo Marconi Di Bologna Airport is flat after announcing that in 2022 the trend of air traffic has progressively improved, starting in the spring, with the end of the emergency phase and travel restrictions.
Specifically, at the airport, monthly passengers increased from minus 51% in January 2022 compared to January 2019 plus 2.4% in June 2022 compared to June 2019, with numbers increasing throughout the summer season, before declining again in the last two months of the year.
Cellularline – up 1.0% – said on Thursday that the average monthly price of its common shares for the month of December 2022 was 2.9878 euros.
Since the average monthly price of Cellularline ordinary shares is lower than the exercise price of 9.50 euros, the warrants cannot be exercised in January 2023.
Civitanavi Systems grows by 0.9%. The company announced that it has signed a ruling agreement with the Revenue Agency which will allow it to access the tax benefit of the Intellectual Property Patent Box for patents and know-how.
The tax benefit for the five-year period 2017-2021 will be accounted for in the 2022 financial statements and the quantification will take place when preparing the financial statements.
Among SMEs, Clabo rose 4.7% after gaining 22% at the close on Thursday and after announcing Wednesday that its US subsidiary Howard McCray had concluded two commercial agreements worth a total of 750,000 dollars, or 710,000 euros, with two chain stores operating in the HoReCa channel.
The circle increases by 1.3%. The company announced on Monday that it has signed a new contract through the Log@Sea commercial network to supply advanced gate automation solutions to a major multi-purpose terminal in the Tyrrhenian Sea.
Bifire did not trade after announcing Thursday that it purchased 17,500 of its common shares between Jan. 2 and Jan. 5.
The shares were purchased at an average price of 2.6234 euros per share, for a total value of just over 45,909.90 euros.
In New York on Thursday, the Dow closed down 1.0% at 32,930.08, the S&P fell 1.2% to 3,808.10 and the Nasdaq fell 1.5% to 10,305 ,24.
Among currencies, the Euro traded from $1.0514 to $1.0525 by Thursday’s close. On the other hand, the pound was worth USD 1.1857 versus USD 1.1897 last night.
Among commodities, Brent crude oil is trading at $79.19 a barrel, down from $78.14 a barrel last night. Gold, meanwhile, is trading at $1,841.60 an ounce versus $1,826.70 an ounce on Thursday night.
Friday’s US macro calendar includes a focus on December nonfarm payrolls, due at 2:30pm CET, along with the unemployment rate. At 16:00 it will be the turn of the factory orders and data on durable goods. At 19:00 CET, the day will conclude with data from the Baker Hughes plant.
By Claudia Cavaliere, journalist of Alliance News
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