Stock market: Milan positive with the banks, in the light of Cucinelli

The Milan Stock Exchange (+0.55%) continues to rise supported by the banks. Cucinelli (+2.5%) is in the spotlight on Piazza Affari, after the growing results in the nine months and the increase in estimates for 2026. The spread between BTPs and Bunds stands at 107 points, with the yield on the Italian ten-year bond at 4.47%.

Among credit institutions, Unicredit rises (+1%), after the ECB gave the go-ahead to control Commerzbank. Also doing well were Intesa and Mps (+1.1%), Bper (+0.9%), Banco Bpm (+0.3%) and Bper (+0.9%).

Unipol (+0.7%) and Generali (+0.4%) went up.

Purchases in the defense sector where Fincantieri and Avio earn 2.5% and Leonardo (+2.5%). Stm (-0.2%), Technoprobe and Eni (-0.1%) are weak. Moncler made little move (-0.09%).