(Alliance News) - Piazza Affari is expected to rise ahead of Tuesday's start of trading, on a day not particularly packed with macro events and with political tensions in Gaza and bond tensions in Italy dictating the agenda these days.

The FTSE Mib is given up 210.0 points or 0.8 percent after closing down 0.5 percent at 27,682.06 Monday.

London's FTSE 100 is given up 51.3 points or 0.7 percent, Paris' CAC 40 is shown up 56.7 points or 0.8 percent and Frankfurt's DAX 40 is estimated up 108.1 points or 0.7 percent.

In Milan last night, the Mid-Cap gave up 1.1 percent to 38,728.93, the Small-Cap closed down 0.8 percent to 25,021.09 while the Italy Growth finished down 0.6 percent to 8,049.86.

On the main list of the Italian Stock Exchange, Leonardo rose well from the top of the list, up 4.8 percent to EUR13.56. The stock clearly received momentum from the Middle East conflict, rearing its head again after a six-session bearish streak.

Good session also for Eni, which gained 2.3 percent to EUR14.97. Goldman raised its target price on the stock to EUR18.00 from EUR17.00 with a 'buy' recommendation.

Banca Monte dei Paschi, on the other hand, gave up 6.3 percent, placing it at the back of the list after rising 2.9 percent in the previous session.

Banca Generali lost 1.2 percent after announcing on Monday that it achieved net inflows of EUR373 million in September, up 42 percent from September 2022, bringing its total since the beginning of the year above EUR4.3 billion, up 7 percent from the same period last year albeit against a backdrop of high volatility in global financial markets

Sales also prevailed on Telecom Italia, down 1.8 percent. Press reports have reported on the meeting between Treasury Minister Giancarlo Giorgetti and Meloni government chief of staff Gaetano Caputi, who, at the request of Vivendi, which is TIM's largest shareholder, received Chairman Yannick Bollorè and CEO Arnaud de Puyfontaine. For Vivendi, KKR's offer does not do justice to the strategic value of the infrastructure, without solving the debt problem at its root, putting the remaining company and its employees at risk. That is why the French shareholder is ready to protect its rights in the most appropriate legal venues.

KKR has been working since June 26 together with TIM management to formulate a binding offer by October 15 for Netco, the company that encompasses the primary and secondary network, and Sparkle's submarine cables-which the MEF intends to take over at a later date.

On the Mid-Cap, good session for Acea, which closed up 3.0%, for the fourth time in a row with a bullish candle.

Italmobiliare, on the other hand, rose 2.4% after a slight decline on Friday evening.

Seco, on the other hand, left 6.8% on the parterre, bringing its price to EUR3.72 per share and closing for the fourth session in a row on the bearish side.

Brembo gave up 2.7 percent after announcing Friday that the acceptance period for the option and pre-emption offer addressed to shareholders to purchase 4.4 million shares subject to the company's withdrawal has ended.

Significant selling also occurred on Juventus FC, which gave up 8.5 percent. On Friday, it reported that it closed the year with a loss of EUR123.7 million from EUR239.3 million in the same period last year, partly affected by negative revenue and cost effects related to the outcomes of Italian and international sports proceedings. As of June 30, revenues and income stood at EUR507.7 million from EUR443.4 million in 2022.

Anima Holding, on the other hand, lost 0.2 percent. The company reported that the group's net inflows of assets under management in September were negative EUR271 million. At the end of September, total assets under management of the Anima group stood at about EUR184 billion. The company also informed that it has taken over treasury shares for EUR2 million during the past week.

On the Small-Cap, d'Amico closed up 4.7 percent, with new price at EUR4.62 per share, on its third session in surplus.

Also good was Emak, which rallied 3.4% after the previous two bearish sessions.

Pierrel--flat at EUR1.60--reported on Monday that it has obtained marketing authorization in Uzbekistan for its Articaine-based dental anesthetic, Orabloc in both formulations. With this new authorization, the company explained in a note, Pierrel strengthens its commercial presence in Central Asia.

CSP International, on the bottom, left 3.6 percent on the parterre after rising slightly on Friday evening. High trading volume was reported on the stock, with more than 30,000 changed hands compared to a three-month daily average of just under 14,000.

Piquadro, on the other hand, took a 6.2 percent step back after a 1.3 percent red Friday night.

Among SMEs, eViso took home 6.2 percent to EUR2.41 per share after a bearish streak.

Growens - up 0.3 percent - on Monday announced that it had signed a binding agreement to sell 100 percent of the share capital of its Dutch subsidiary Datatrics BV to Squeezely BV, a Spotler Group company, a leading marketing automation operator in the Netherlands and the UK, for a total consideration of EUR1.7 million.

ESI, on the other hand, gave up 3.8 percent, with price at EUR1.41, closing for the sixth consecutive session with a bearish trend.

Digital Magics lost 0.9 percent repricing at EUR2.20. The stock touched its new 52-week low in the day at EUR2.13.

In Asia, the Nikkei is up 2.6 percent to 31,791.26, the Shanghai Composite is down 0.6 percent to 3,077.44 and the Hang Seng is up 0.8 percent to 17,657.82.

In New York last night, the Dow closed up 0.6 percent to 33,604.65, the Nasdaq was up 0.4 percent to 13,484.24 and the S&P 500 was up 0.6 percent to 4,335.66.

Among currencies, the euro changed hands at USD1.0559 against USD1.0544 recorded in Monday's European stock close while the pound was worth USD1.2222 from USD1.2210 on Monday evening.

Among commodities, Brent crude is worth USD87.72 per barrel from USD88.09 per barrel at Monday's close. Gold, meanwhile, trades at USD1,861.00 an ounce from USD1,852.67 an ounce on Monday evening.

The macroeconomic calendar includes, at 1000 CEST, Italian industrial production. At 1400 CEST, there will instead be a speech by the European Central Bank's number one, Christine Lagarde.

At 1530 CEST, from the U.S., focus on Fed member Bostic's speech while it will be followed, at 1900 CEST, by Waller's and, at 2100 CEST, Kashkari's.

In the corporate calendar from the Piazza Affari, no special appointments are scheduled.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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