(Alliance News) - Following the Bank of Japan's decision to leave rates unchanged and before knowing the moves of the Federal Reserve and European Central Bank, futures on major European stock markets are showing decided rises ahead of Friday's opening.

The FTSE Mib is given up 195.5 points or 0.7 percent after closing up 0.2 percent at 27,158.00 Thursday.

London's FTSE 100 is given up 30.2 points or 0.4 percent, Paris' CAC 40 is shown up 43.1 points or 0.6 percent and Frankfurt's DAX 40 is expected to rise 83.0 points or 0.5 percent.

Last night, among the minor listings in the Piazza Affari, the Mid-Cap rose 0.4 percent to 43,370.56, the Small-Cap picked up 0.5 percent to 29,078.70, and the Italy Growth gained 0.2 percent to 9,240.56.

On the main list in Piazza Affari, the banking sector moved well. Banca Monte dei Paschi rose 4.4 percent to EUR2.18 after three bearish sessions.

BPER Banca, on the other hand, advanced 4.0% to EUR2.65 after two sessions closed among the bearish.

UniCredit gained 3.5 percent to EUR18.63. The bank announced that, with regard to the non-cumulative temporary write-down deeply subordinated fixed rate resettable notes of ERU1.25 billion, it will proceed with full early redemption on June 3 this year, after obtaining approval from the European Central Bank. The early redemption of the bonds will take place at par along with accrued and unpaid interest. Interest will cease to accrue on the same date of early redemption.

"UniCredit has a limited need for TLAC/MREL funding for the remaining part of the year and no need to issue AT1 instruments in the near future. UniCredit's funding is well diversified both by funding sources and geography," the bank explained.

Among the negative notes, Tenaris gave up 3.6 percent, sunk by both the downward trend in crude oil prices and the uncertain outlook for the rest of the year announced by the company this morning as it released its first quarter results. Tenaris ended the first quarter with net income more than doubling year-on-year to USD1.13 billion from USD503 million in the same period a year earlier.

Also hurting was the other blue chip that released quarterly accounts this morning, STMicroelectronics, down 8.7 percent, despite the fact that the semiconductor company reported sharp year-over-year increases in earnings and revenues in the first quarter, with net income improving 40 percent to USD1.04 billion from USD747 million in the same period a year earlier. On a quarterly basis, however, net income marks a 16 percent decline from USD1.25 billion in the last three months of 2022. Earnings per share rises 39 percent year-over-year to USD1.10 from USD0.79, but falls 17 percent quarter-over-quarter from USD1.32.

On the Mid-Cap, Alerion advanced well, picking up 6.7% to EUR28.00 after a 0.8% gain on the eve.

Good buys also on Carel Industries, which took home 6.2%, rearing its head again after four bearish sessions.

Still bad was Juventus, which in addition to news of a possible exclusion from the European cups for next season at the hands of UEFA, also paid the price for the elimination in last night's Coppa Italia semifinal. The stock closed down 3.5 percent to EUR0.2858.

Marked drop also for Saras. The stock closed down 3.0% at EUR1.1645, marking a decline for the fourth session in a row.

Also in the rear is GVS, which marks minus 2.8 percent with price at EUR6.03 after eve's green with 1.6 percent.

On the Small-Cap, Bastogi advances 2.4 percent to EUR0.6100, rearing its head after four bearish sessions.

FILA, on the other hand, advances 6.7 percent, bringing its price to EUR7.80. The stock replicated the good performance of the eve, which closed with a plus 5.8%.

Greenthesis, on the other hand, rose 0.7 percent the day after announcing that the temporary grouping of companies in which it participates as the principal company with a 30 percent share has won the contract for emergency safety works on the area of the former Enel thermoelectric power plant in Torre del Sale, in the municipality of Piombino. The total amount of the works, aimed at removing dense fuel oil in the soils, amounts to EUR20 million, and the duration of the works was quantified at 29 months from the signing of the contract.

At the tail end, Pininfarina gave up 2.4 percent after a 0.4 percent gain on the eve.

Itway, on the other hand, ceded 3.2% with price at EUR1.31 and replicating the eve's contraction that closed with minus 2.9%.

Finally, among the PMIs, Ambromobiliare advances 2.3% to EUR1.34, rebounding after six bearish sessions.

Energy, on the other hand, closes by picking up 6.8 percent to EUR3.30 after a 3.4 percent loss on the eve. The stock-in the MarketScreener platform-has a target price of EUR4.00 with a single analyst rating.

In the rear view High Quality Food gave up 3.5 percent, veering lower after two sessions among the bullish.

Friulchem, on the other hand, gave up 5.6 percent, with new price at EUR1.02.

In Asia, the Nikkei is up 1.3% to 28,818.66, the Shanghai Composite rises 0.8% to 3,310.39 and the Hang Seng gains 0.3% to 19,892.19.

In New York at Thursday's close, the Dow Jones rose 1.6 percent to 33,826.16, the Nasdaq picked up 2.4 percent to 12,142.24 and the S&P 500 put up 2.0 percent to 4,135.35.

Among currencies, the euro changed hands at USD1.1011 versus USD1.1025 at Thursday's close. In contrast, the pound is worth USD1.2470 from USD1.2493 last night.

Among commodities, Brent crude is worth USD78.90 per barrel versus USD77.98 per barrel Thursday night. Gold, on the other hand, trades at USD1,988.01 an ounce from USD1,984.03 an ounce at Thursday's close.

Friday's macroeconomic calendar calls for GDP from Italy at 1000 CEST, as well as from Germany. An hour later will be the Eurozone's. At 1200 CEST, from Italy, comes industrial sales.

In the US, at 1900 CEST, it is the turn of data from Baker Hughes and at 2230 CEST, as usual on Fridays, the COT Report.

Among companies, results from Agatos, BasicNet, Clabo, PLC and Zucchi, among others, are expected.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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