Highlights
indexftse futures edge higher amid ongoing US-China trade discussions in London
STMicroelectronics and DiaSorin advance on product and regulatory updates
Technoprobe and Anima reflect board and asset growth developments
European equity markets reflected a positive start to the session, as indexftse futures, along with DAX and CAC futures, indicated upward movement. The mood followed ongoing trade discussions between the US and China held in London, with attention centered on rare earths and related commercial barriers. President Trump noted the complexity of the negotiations but reported encouraging feedback from the talks.
Investors also looked to macroeconomic figures from Italy, with industrial production data expected to offer insight into regional economic momentum. In the prior session, the FTSE Mib eased, while other key European indices including Frankfurt’s DAX and Paris' CAC posted mild movements.
Movers on Piazza Affari: STM and Campari Lead
STMicroelectronics N.V. EPA:STM advanced during the session, recording one of the most notable increases among the main board listings in Milan. The performance was supported by sector-specific developments in semiconductors and broader confidence in high-tech manufacturing.
Davide Campari-Milano NV BIT:CPR also posted gains, continuing recent momentum seen in the consumer beverages segment. The brand's positioning within premium spirits remained a focus as markets tracked performance in defensive categories.
DiaSorin S.p.A. BIT:DIA gained after announcing regulatory clearance in the United States for its new LIAISON PLEX Gram-Positive Blood Culture Assay. The multiplex molecular test adds to the company’s expanding diagnostics portfolio, which already includes an approved respiratory infection panel.
Financials and Asset Management Activity
FinecoBank S.p.A. BIT:FBK traded higher following an update on inflow activity for May. The banking group's performance metrics indicated stronger trends in asset movement compared to the previous year, aligned with broader retail financial services strength.
Anima Holding S.p.A. BIT:ANIM reported increases in net inflows across the asset management segment, with updates excluding insurance-linked mandates. The firm highlighted growth in total assets under administration and management, reinforcing presence in the Italian financial market.
Mid-Cap and Board Developments
Technoprobe S.p.A. BIT:TPRO showed gains after the board of directors outlined plans to expand its composition. The company also proposed changes to its share repurchase program, seeking approval to modify current authorisations. The developments reflected strategic planning activities among listed mid-cap technology players.
Iveco Group N.V. BIT:IVG experienced a decline, placing it among the session’s lower performers. The transport and machinery manufacturer moved in contrast to other industrial peers.
Assicurazioni Generali S.p.A. BIT:G and Hera S.p.A. BIT:HER also finished in negative territory. Market participants followed price movements across the insurance and utilities segments, reflecting shifts in investor focus across the main board.
Broader Market Indicators
On the smaller boards, Italy’s Mid-Cap index closed lower, while the Small-Cap showed mild gains. The Italy Growth index marked a modest decline. These moves mirrored broader sentiment shaped by global trade discussions and internal earnings and corporate actions across sectors.
Market participants continued to monitor macroeconomic data and international policy developments, particularly those influencing commodities and industrial production, as the region processed external pressures and domestic corporate activity.