(Alliance News) – On Wednesday, the agreement between Japan and the United States on 15% customs duties has instilled new momentum in the markets, which is now more confident about the prospect of fair trade negotiations with the European Union.
While consumer morale in the euro zone will be scrutinized in July, the European Central Bank should maintain its unchanged rates at the meeting of tomorrow, after eight successive decreases which brought them from 4% to 2%.
The FTSE MIB, carried by the automotive and banking sectors, climbs to 40,697.49 points, an increase of 1.3%. The Mid-Cap closes on an increase of 0.8% to 55,248.17 points, the Small-Cap gains 1.1% at 32,678.96 and Italy Growth finished in the green from 0.4% to 8,349.89 points.
On the other stock markets, the Parisian CAC 40 advances by 1.4%, the Dax 40 of Frankfurt increased by 0.6%and the FTSE 100 of London granted 0.5%.
Chris Beauchamp, Chief Market Analyst at IG, observed: “The announcement of a trade agreement with Japan offered actions the management they needed after two days of indecision. Once again, muscular rhetoric on customs duties will have only been words. The president thus has a new opportunity to present himself as the largest negotiator in the world, even if it remains highly unlikely that Japan will discover a passion for the huge American cars. It only remains to see if the EU and the United States will reach an agreement before August 1. »»
The analyst adds: “The markets never focus for a long time on a single subject, and the results of the technological sector expected this evening should steal the show from the current euphoria on trade agreements. So far, the season has brought enough good news to feed the rally: hopes of lower rates, trade agreements and results seem to constitute the recipe for a prosecution of the post-root rebound. »»
On the Milan Stock Exchange, Stellantis’ rebound resulted in a jump of 9.1% to EUR 8.601 per share, the group having decided to reintroduce its forecasts, thus restoring confidence to investors after their suspension “because of the uncertainties linked to customs duties”.
Iveco finished the session on a gain of 7.3% to EUR 19.25, carried by rumors of sales to the Indian group Tata Motors. Minister Urso summoned unions for a meeting scheduled for July 31. The title has scored a new higher over 52 weeks.
Interpump Group increased by 4.2%.
Unicredit, after having withdrawn his OPA on Banco BPM (down 2.5%), closed up 3.6%. The net profit of 3.3 billion euros attracted investors, who are also closely following the group’s rise in Germany on Commerzbank and Poland on I-Bank. In an interview, CEO Andrea Orcel, commenting on the abandonment of the OPA, said that there was a “rid of a weight”.
Banco BPM must now face the French temptations of Crédit Agricole, a reference shareholder with more than 10% of the capital.
Monte piaque di siena em progressé égressement de 3,6%.
Prysmian, among the leaders of the index with an increase of 2.4%, announced an investment in relativity Networks, the main large -scale supplier of new generation fiber technologies. The action closed at 64.42 EUR.
On values with a high capitalization, only 11 titles were down on Wednesday, with Stmicroelectronics which lost 4.3% to EUR 27.97.
On the mid-cap, Ariston Holding ended up 5.6%, extending his already positive monthly performance (+0.6%).
Piaggio increased by 5.1%, from Amico by 5.2%and Anima Holding by 4.0%.
Lottomatica, which bought for 7 million euros in clean shares, finished down 0.4% to EUR 24.12.
Danieli & C (+1.4%) reached a new summit over 52 weeks at 37.15 EUR.
Fincantieri (+3.6%) also scored a new higher annual at 17.32 EUR.
ERG sold 1.8% to EUR 19.10, placing itself at the tail of the index.
On the Small-Cap, Eurogroup Lamination led dance with an increase of 7.8% to EUR 2.35, confirming a positive trend over the past month (+4.4% in thirty days).
Trevi FinanzIaria Industrial jumped 7.2% to 0.357 EUR after Kepler Cheuvreux noted its price target to EUR 0.42 against 0.30, with a “purchase” recommendation.
Note the good performances of Sogefi (+5.3%) and Digital Bros (+4.1%), the latter having announced Tuesday an update of his forecasts for the financial year ended June 30.
In detail, the EBIT should be lower than that recorded on June 30, 2024, due to lower income linked to the launch of the Blades of Fire video games and depreciations superior to expectations.
The net financial debt of Digital Bros on June 30 is less than 20 million euros, better than anticipated.
Fidia dropped 5.4% to close to 0.355 EUR. The company has entrusted Equita Advisory a consulting mandate for the search for financial and industrial partners.
Among the SMEs, Distributzione Elettrica Adriatica was distinguished with an increase of 4.1% to 7.7 EUR.
Racing Force (+2.8%) announced a consolidated turnover of 39.3 million euros in the first half, up 4.6% over one year. The second quarter revenues amounted to 18.7 million euros, up 9.7% compared to the 17.0 million in the second quarter of 2024.
Digitouch flew to the top of the charts after having signed a binding agreement for the total progettommagine acquisition, an agency specializing in marketing and communication for the insurance and finance sectors. The finalization of the operation is expected by the end of September. The title jumped 29%.
Circle announced Wednesday that its subsidiary Exyond signed a contract of EUR 100,000 with a long -standing Campania company, for the extension of telematics and geolocation services. The title increased by 1.1%.
Cofle finished at the peloton tail, backing from EUR 3.29 to 3.29, alongside the day, red lantern, down 3.3%.
In New York, the Dow Jones increased by 0.5%, the NASDAQ of 0.1%and the S&P 500 of 0.3%.
On the exchange market, the euro is exchanged at USD 1.1737 against USD 1,1739 at the end of Tuesday, while the pound sterling rating at 1,3566 USD against USD 1.3515 the previous evening.
On the raw materials side, the Brent is negotiated at 68.16 USD against 68.41 USD per barrel in the previous fence, while gold is worth 3,414,6285 USD against 3,424.66 USD on Tuesday evening.
On Thursday’s economic calendar: at 06:00 am CEST, publication of automotive registration figures in the United Kingdom, Italy, Germany, France and the Netherlands.
At 8:00 am CEST, Publication of the GFK report on the morale of German consumers, and at 9:00 am CEST, Spanish unemployment rate.
Between 9:15 a.m. and 10:00 am, the attention will be focused on the PMI manufacturers of France, Germany and the euro zone, then at 10:30 am on that of the United Kingdom. At 12 noon, it is, publication of the trend of British industrial orders.
At 2:15 p.m., this is expected, the declarations on the monetary policy of the European Central Bank, accompanied by decisions on interest rates.
US unemployment figures will be published at 2:30 p.m. CEST, followed at 2:45 p.m., this is the BCE press conference.
From 3.45 p.m. CEST, focus on the American manufacturing indices, then at 10:30 p.m. CEST, Publication of the Fed balance sheet, with the analysis of the reserves of the Federal Reserve.
Par Michele Cirulli, Alliance News Reporter
Comments and questions to redazione@alliancenews.com
Copyright 2025 Alliance News is Italian Service Ltd. All rights reserved.