Stock market: Mixed performance across Europe, with Paris bringing up the rear; in Milan (-0.2%), the focus is on Risiko

Euro hits its lowest level against the dollar since April 2025

(Il Sole 24 Ore Radiocor) - European stock markets have had a mixed start to the week, whilst investors continue to keep a close eye on developments in the war in the Middle East and the political and fiscal situation in Europe. The focus remains on France, where the trend in public deficits and the possible outcomes of the forthcoming general election are causing concern amongst market participants, whilst attention is also turning to Spain following the announcement of a snap election. Among the major European stock markets, Paris is the worst performer, falling by 0.91 per cent. The FTSE MIB on the Milan Stock Exchange (-0.2 per cent) and Frankfurt (-0.09 per cent) are also trading in negative territory, whilst London is up 0.25 per cent, Amsterdam 0.35 per cent and Madrid 0.37 per cent.

Among the leading Milanese stocks, all eyes are on the banking sector following Intesa Sanpaolo’s renewed bid for MPS, which could prove decisive in the battle for control of the Siena-based bank. Intesa is up 0.57 per cent, whilst Rocca Salimbeni has risen by 0.59 per cent. Mediobanca, on the other hand, is down 4.01 per cent, whilst Unipol – which will subsequently acquire the MPS group from Intesa, excluding Mediobanca and around half of the branch network, to merge it with BPER (+2.04%) – is leading the pack with a gain of 2.6 per cent.

Outside the buying sector, Technoprobe rose by 1.88 per cent, Amplifon by 1.51 per cent and Fincantieri by 1.4 per cent. Prysmian, however, fell by 0.96 per cent and Snam by 0.5 per cent.

Elsewhere on the market, Trevi jumped by 5.9 per cent, aligning with the new price of Webuild’s takeover bid, which was revised upwards following the acquisition of a 13.9 per cent stake.