Geopolitical tensions in the Middle East they determined the sentiment of Mercator, especially in the second part of the week. The first part was instead characterized by caution pending the conclusion of the negotiations between China and the United States thatAnd they reached a picture agreement that opened a truce in the current commercial war. The strong uncertainty on the geopolitical plane determined on the one hand an increase in the price of oil, jumped above 70 dollars per barrel both as regards the WTI and the Brent and grown by about 10% in the last week, on the other a push up for refuge assets, gold in the first place. The ingots have now touched the new maximum of the last two months, stabilizing the ounce on 3,400 dollars.
The macroeconomic picture
During the week, some indications on the state of health of the European industry arrived. According to reports from the Institute of Statistics of the European Union (Eurostat), the output recorded a strong 2.4% drop on a monthly basis compared to +2.4% of March. The data is even worse than the expectations of the market that expected, more contained, a descent of 1.6%. On an annual basis, the production rose of the 0.8% after +3.7% review of March, lower than the analysts’ estimates that indicated an increase of 1.4%. The situation in Italy is slightly better, where Istat estimated that the decreased index of industrial production has increased by 1% compared to March. Net of the calendar effects, in April 2025 the general index increased in tendential terms by 0.3%.
Today’s session
Today’s one It was one Negative session both for the Milan Stock Exchange than for other European bags. Among the major European price lists, Frankfurt slips, with a clear disadvantage of 1.07%, thoughtful London, with a fractional drop of 0.39%, and in Rosso Paris, which highlights a decisive decline of 1.04%. “No” day for the Italian stock exchange, Flexion of 1.28% on the FTSE MIB: the main index of the Milan stock exchange continues a negative series, which began last Monday, of five consecutive discounts; On the same line, a negative day for the FTSE Italia All-Share, which archives the session at 41,877 points, down by 1.28%. In red the Ftse Italia Mid Cap (-1.28%); On the same trend, the Ftse Italia Star (-1.66%) is bad.
At the top of the ranking of the most important titles in Milan, we find Italgas (+1.09%), Eni (+1.04%) and A2A (+0.90%). THE stronger discounts, however, occurred on Nexi, cHe filed the session at -4.93%.
The titles of the week
The best performance of the week among the main titles in Piazza Affari was by far that of Eni’s that ridden the increase in the price of oil triggered by the crisis in the Middle East. The other titles in the energy sector is also good: among these they have marked Italgas and A2A.
The earnings of the last session were not enough instead to Leonardo PEr save a deeply negative week with the title that has lost a total of 10.48% and therefore resulting the worst of the FTSE MIB. SortEdundo Bloomberg The consortium supported by Leonardo would be undergoing political pressure to increase his offer for the defense unit of Iveco Group NV: the only Italian participant in the tender presented the lowest offer during the First round.
