(Alliance News) - The Mib is moving bullishly around 34,000 points Friday, in line with other European listings, as trading rooms analyze continued consolidated 2023 corporate results in the aftermath of higher-than-expected U.S. consumer and manufacturing inflation data released this week.

Thus, the FTSE Mib, is rising 0.6 percent to 34,001.85.

In Europe, London's FTSE 100 is floating around parity, Frankfurt's DAX 40 is in the green by 0.3 percent, and Paris' CAC 40 is advancing 0.5 percent.

Among the smaller lists, the Mid-Cap is giving up 0.4 percent to 47,064.40, the Small-Cap is giving up 0.2 percent to 27,499.01, while Italy Growth is giving up 0.2 percent to 8,010.78.

On the Mib, Banca Monte dei Paschi confirms its good form and the head of the list, moving ahead 4.9% with new price at EUR4.20 per share, after 2.3% red in the previous session.

Also advancing well is Saipem, which is up 1.2%, echoing Thursday evening's 4.5% gain, also benefiting from the slight rise in the barrel price.

Purchases also on BPER Banca, which brings the price up 1.7% to EUR4.03 per share after two bearish sessions.

Brunello Cucinelli - in the red by 6.1% - reverses course after three bullish sessions, despite good accounts for 2023 that disappointed expectations, however. The company reported Thursday that it ended 2023 with a net profit of EUR123.8 million, up 42 percent from EUR87.2 million as of Dec. 31, 2022. The company disclosed that it has proposed to pay a dividend of EUR0.91 per share from EUR0.65 in 2022.

Leonardo, on the other hand, is leaving 0.5 percent on the parterre with price at EUR21.26 per share, breaking a three-session bullish mini-trend.

On the MidCap, El.En. soars, moving ahead in double digits over 15 percent to EUR9.53 per share. The company reported Thursday that it ended 2023 with a consolidated profit of EUR48.2 million, down 12 percent from EUR55.1 million as of Dec. 31, 2022. The board is proposing to pay a dividend of EUR0.20 per share from EUR0.22 in 2022.

Instead, d'Amico advances 4.6 percent after good numbers released Thursday. Net income in 2023 was USD192.2 million from EUR134.9 million in 2022. In addition, the board proposed the distribution of a dividend of USD0.2487 per share from USD0.0153.

MARR advances 3.2 percent, following up on the following three bullish sessions after good accounts. The company reported a consolidated net income for 2023 of EUR47.1 million, which compares with EUR26.6 million in 2022, which "was affected by higher net financial expenses of EUR9.7 million due to the increase in the cost of money from the second half of 2022," the company wrote in the note. The board proposed a gross dividend of EUR0.60 per share compared to EUR0.38 in the previous year.

The board of Webuild -- down 3.8 percent -- approved the draft financial statements for the year ending Dec. 31, 2023, which closed with adjusted net income attributable to the group of EUR236 million, effectively doubling the results achieved in fiscal year 2022, when it was EUR118 million. The board is proposing a dividend of EUR0.071 per ordinary share, up 25 percent from 2022, and EUR0.824 per savings share.

List tails for Juventus FC, which trades minus 4.4 percent, on the heels of the 1.7 percent red on the eve of the meeting.

On the Small-Cap, doValue advances well, moving ahead 4.3% to EUR1.8960.

In contrast, algoWatt advances 4.1%, rebounding after four bearish sessions.

Servizi Italia, which scores a plus 0.3% to EUR1.71 per share after two sessions among the bearish.

In contrast, Fiera Milano advances 3.0%, with new price at EUR3.48 per share.

Datalogic -- in the red more than 11 percent -- ended 2023 with a profit of EUR9.5 million, down 69 percent from EUR30.1 million in 2022. The board of directors, the company announced Thursday, proposed a dividend of EUR0.12 per share from EUR0.30 a year earlier.

Safilo Group -- in the red by 1.0 percent -- reported Thursday that it closed fiscal year 2023 with a loss of EUR24.6 million from a profit of EUR54.2 million in 2022.

Among SMEs, buoyancy on Almawave, which moves ahead 3.8% to EUR4.95 per share after a 0.4% green on eve.

Convergences, on the other hand, advances 3.6 percent after a 4.8 percent decline on eve.

At the tail end Destination Italia is stepping back 2.8%, after three sessions closed among the bullish.

Alfio Bardolla, on the other hand, is giving up 3.8 percent, after 0.9 percent red in the previous session.

In New York last night, the Dow gave up 0.4 percent, while the Nasdaq left 0.3 percent on the parterre as did the S&P 500.

Among currencies, the euro changed hands at USD1.0881 against USD1.0892 recorded at Thursday's European stock close, while the pound is worth USD1.2741 from USD1.2756 on Thursday evening.

Brent crude is worth USD85.05 per barrel versus USD85.17 per barrel at Thursday's close. Gold, meanwhile, trades at USD2,167.07 an ounce from USD2,159.41 an ounce on Thursday evening.

On Friday's macroeconomic calendar, in the afternoon, new residential construction sites are expected from Canada at 1315 CET and at 1330 CET, from the US, the import price index followed at 1415 CET by US industrial production.

By Maurizio Carta, Alliance News reporter

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