Le European stock exchanges halfway through the last session of the month they push on the accelerator, increasing the already positive levels of the opening after the favorable winds already blown away in Asia and even before that on Wall Street thanks to the renewed confidence in the technology sector offered by the good results of ecosystem e Amazon.
In Europe at midday, all the stock markets with the best basic resources sector are rising: the stocks of the basic resources companies extraction of precious and industrial metals are up more than 3%.
The Ftse Mib of Milan is at +0,90% in Milan, the Cac 40 of Paris at +0,86%, the Dax of Frankfurt at +0,78%, the Ibex of Madrid at +0,82%, the Aex of Amsterdam at +0,09% and the Ftse 100 +0,56% at London. The latter touched a all-time intraday high for the third consecutive session, and was on track to post weekly and monthly gains, thanks to solid earnings.
On the international front, Trump announced a “historic agreement” for the disarmament of Hamas , Bank of Japan left interest rates stuck at 1%. The price of Petroleum is on the rise: Brent +0,5% to 89 dollars a barrel and Wti with a similar trend at 84 dollars.'Euro/Dollar is substantially stable around 1,152. Caution prevails on thegold, which continues the session with a slight decrease of 0,60%. The spread drops again, settling at +82 basis points, while the yield on the Btp to 10 years stands at 4,0%.
The iinflation in the eurozone increases slightly in July, strengthening the possibility of a rate hike. Consumer prices in France they accelerate more than expected while in Italy Monthly harmonized inflation falls by 1%. Tech stocks in Europe rise, while Universal Music sinks media by 25%. Bitcoin down 1,5% to $63.700.
At Piazza Affari, Amplifon and De Nora are on the podium with +9% and +8%
È Amplifon to wear the pink jersey of Piazza Affari, with a +9,35% at mid-day, after having even struggled to make a price in the first bars, immediately after the publication of the quarterly and then reached a 10% increase to €12,58. Over 2 million shares have already been traded. Amplifon closed the second quarter with better-than-expected results, largely thanks to organic growth, a factor that attracted analysts' attention. The Italian hearing aid company confirmed its 2026 guidance, but comments on the strong start to the third quarter and the continuation of the positive trend have led experts to see potential upside compared to estimates. Rally also for From Nora after the accounts, gaining even 11% and then settling at +8%.
The enthusiasm for the tech sector continues to push stmicroelectronics Up 3,90% after a 6,4% gain the day before. The stock remains down 27% over the past month, but maintains a 111% gain year-over-year. Classic Ferrari for sale advances by 0,3%, after having approved yesterday The bills for the period and revised upwards its guidance for 2026. Net profit rose to 463 million euros from 425 million in the same period of 2025, while net revenues increased by 8% to 1,94 billion, or 11% at constant exchange rates. Prysmian gains over 4%. Purchases also in the defense sector with Avio +3,20% and Fincantieri +5,23%, while Leonardo is at +2,95% after the quarterly. Instead, the profit taking on Campari which is at -1,83% after having toasted yesterday after the above-expected accounts, but also on Poste, Snam and Italgas.
The colossus is in the spotlight Enel after i accounts which showed a profit increase to 3,9 billion and guidance towards the top of the range. At Piazza Affari, the stock went on a rollercoaster ride this morning and by midday was back near the opening price of 9,87 euros.
Attention remains for the banks, with the top management of Crédit Agricole (+3,9% in Paris) which are holding back merger plans between Bpm bank (+ 0,25%) and Banca Monte Paschi Siena (+1,61%) and warn that in light of their share in Piazza Meda "nothing can be done" without them. But also in the spotlight is Unipol, (+1,8%) after receiving shareholders' approval for a €2,5 billion capital increase. The transaction is intended to finance the acquisition of part of the MPS network, further consolidating the domestic banking landscape, where Unicredit and Intesa Sanpaolo continue to dominate by market capitalization. Among mid-caps, Banco di Desio and Brianza stands out with a 3,8% increase, after the board of directors approved the consolidated half-year financial report yesterday as of June 30, 2026. The institute closed the period with a consolidated net profit of 76,1 million, up 8% compared to the first half of 2025.
Good performance also for luxury, after that in the night Prada, listed in Hong Kong, gained 10%. This morning BRUNELLO CUCINELLI is up more than 3% after second-quarter figures surpassed estimates and the increase in 2026 targets. Growth continued to be largely driven by the retail channel, where sales increased 16,3% year-over-year to €261,6 million. The EBIT margin reached 17,1%. Moncler stops at +0,5%
Out of the main basket, to be followed Pirelli & C, which started with a nearly 2% increase, erased its gains by mid-session and is now at par. The group's shareholder structure is being reshaped with the entry of Czech billionaire Michael Strnad, owner of Czechoslovak Group, who purchased a 14% stake in the tire manufacturer from Sinochem, becoming its third-largest shareholder. Following the transaction, Sinochem's stake fell to 20,1% from 34,1%, while MTP, Marco Tronchetti Provera's holding company, returned to its largest shareholder status with a 26,5% stake. This follows China's CNRC selling its 14% stake to an independent Czech company founded by entrepreneur Michal Strnad, dropping its stake to 20,1%.
