(Alliance News) - On Monday, European stock markets -- contrary to what was seen in the trades leading up to the ringing of the bell -- started the Easter week on a slightly positive note, extending a streak of nine consecutive weeks of gains, buoyed by expectations of potential rate cuts by major central banks in the summer.
Thus, the FTSE Mib advances 0.4 percent to 34,472.40 points, the Mid-Cap rises 0.1 percent to 47,829.40, the Small-Cap is in the green 0.4 percent to 28,107.58 while Italy Growth is giving up 0.3 percent to 8,142.53.
In Europe, Paris' CAC 40 is advancing 0.1 percent, London's FTSE 100 is on parity, and Frankfurt's DAX 40 is advancing 0.1 percent.
On the Mib, Leonardo is advancing, marking a plus 1.3% at EUR22.73 per share, a new high in the yearly range.
Ferrari is advancing 0.9%, updating its 52-week high to EUR406.2.
FinecoBank, on the other hand, is advancing 0.7%, with new price at EUR13.83, after the previous session's marginal red.
Pirelli -- down 0.1 percent -- announced Friday that it had signed an agreement with a select pool of international banks for a EUR600 million term loan facility maturing in October 2028. The new line, reads the press release, was "entered into as part of the usual activity of managing and optimizing the financial structure" and "will allow early repayment of part of the debt maturing in 2025, strengthen the liquidity margin and lengthen debt maturities."
ERG, on the other hand, is giving up 0.8 percent, after a 1.3 percent gain on Friday night.
In the cadet segment, SAES Getters is marking a plus 2.4 percent, after the previous session's 0.6 percent red.
Caltagirone, meanwhile, advances 1.7 percent, bringing its price to EUR4.89 per share.
Maire Tecnimont--green by 0.1 percent--reported Friday that it purchased 960,000 of its own ordinary shares between March 19 and 21. The shares were taken over at an average price per share of EUR7.1350, for a total value of EUR6.8 million.
The tail end of the list is for Juventus FC, which gives up 5.9 percent, after rising 4.8 percent on Friday evening.
Sales also on d'Amico, which marks a minus 3.5 percent after a 7.3 percent gain in the previous session.
On Small-Cap, algoWatt advances 8.1%, after 9.0% in the previous session.
Good buying also on Conafi, which moves ahead 3.4% on the eve of the release of its results.
Seri Industrial, on the other hand, advances 2.9%, in its third bullish session.
Eems closes the list, giving up 4.2% to EUR0.3254, on its fourth bullish session.
Rear-views also for Greenthesis, bearish with 3.9% after Friday night's 2.0% green.
Among PMIs, ILBE advances more than 10 percent, after the 4.9 percent red on eve that had broken a three-session negative mini-trend.
Convergence advances 4.9%, after 2.7% red in the previous session.
Red for DHH, bearish with 4.0% on the heels of the previous two sessions bearish candle. The company reported Thursday that the board approved its financial results for 2023, closing with a net profit of EUR2.2 million, up from EUR900,000 in the previous year. Total consolidated group revenues were EUR34.6 million with an increase of EUR5.0 million. Recurring revenues accounted for 94% of the total.
Plants--in the red by 3.9 percent--reported that the board of directors on Friday reviewed its financial statements as of December 31, 2023, in which it reported a loss of EUR1.3 million, compared to a loss of EUR54,000 as of December 31, 2022. The value of production stood at EUR7.8 million compared to EUR10.4 million in the previous year, a decrease of about 26 percent.
In New York on Friday evening, the Dow gave up 0.8 percent, the Nasdaq advanced 0.2 percent, and the S&P 500 posted a minus 0.1 percent.
Among Asian exchanges, the Nikkei left 1.2 percent on the parterre, the Hang Seng gave up 0.2 percent, while the Shanghai Composite marked a minus 0.7 percent.
Among currencies, the euro changes hands at USD1.0817 against USD1.0808, recorded at Friday's European stock close while the pound is worth USD1.2602 from USD1.2599 on Friday evening.
Brent crude is worth USD85.72 per barrel versus USD85.53 per barrel at Friday's close. Gold, on the other hand, trades at USD2,165.37 an ounce from USD2,163.06 an ounce Friday night.
Monday's macroeconomic calendar, after a morning lacking in macroeconomic news, includes, from the US, at 1300 CET, the data on building permits, followed at 1500 CET by the report on new home sales.
At 1630 CET, an auction of 3-month, 6-month and 2-year Treasury bonds is scheduled.
Among the many annual reports in the Square are expected from Alllcore, CrowdFundMe, DBA Group, Dotstay, E-Globe, ESI, Green Oleo, Grifal, Marzocchi Pumps, Medica, MIT SIM, Mondo TV, Radici Pietro Industries & Brands, and Rai Way.
By Maurizio Carta, Alliance News reporter
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