MILANO – Markets Start 2026 with Uncertainty

An uneventful start to 2026 on the markets. In search of insights from macro data, European indices face uncertain trading. The Asian stock markets are more positive, with Tokyo and the Chinese stock markets were closed for holidays. the rise of precious metals continues, with oro e argento uphill. A plus sign also for oil, a few days after the new meeting of the producing countries united in OPEC+.

Wall Street: -0.7% Tesla,2025 Weighs Below Expectations and Loss of Primacy in Electric

The end of 2025 in slowdown and the loss of the scepter of the largest global producer in the full electric market in favor of the Chinese BYD are weighing on Tesla on Wall Street. After a volatile start to the session, the stock of Elon Musk’s company takes a downward turn and drops 0.7% to $446 per share. In detail, the group closed the year with 1.64 million cars delivered, 8.4% less than in 2024 and below analysts’ expectations.

Wall Street Opens Higher, Nasdaq Leads Gains

The first session of the year on Wall Street has opened with positive momentum. The Dow Jones is up 0.20% to 48,157.06 points, the Nasdaq is leading with a 1.04% increase to 23,483.56 points, and the S&P 500 has gained 0.63% to 6888.43 points.

Meanwhile, oil prices have opened lower in New York, currently trading at $56.88.

Europe Shows Momentum at Mid-Session, Milan Leads Since 2000

The European stock markets are making good progress at the mid-session threshold, with the FTSE MIB on the business market continuing at levels not seen since December 2000, currently up 0.63% to 45,228 points, with a high reached in the morning at 45,365.5 points.The other main indices were also positive: +0.37% Paris, +0.29% Frankfurt, +0.53% London,+0.51% Madrid.

Ovs: Binding Offer for 100% of Kasanova Extended to February 4th

With reference to the binding offer aimed at obtaining 100% of Kasanova, the investigative and decision-making procedure of the banking class – one of the main conditions precedent to the operation – is requiring longer timescales than expected. In light of the above and in consideration of Ovs’ interest in completing the operation, the validity of the binding offer has been extended until 4 February 2026, without prejudice to any other terms, conditions or provisions contained in the itself must be considered fully confirmed. For further data regarding the transaction…

Manufacturing Output Contracts, Milan Stock Exchange Soars

S&P Global reports a contraction in manufacturing output, noting December saw “general” declines, particularly in orders received and production volume. This weakness led to workforce reductions and scaled-back purchasing. Despite worsening operating conditions,confidence levels have seen a slight enhancement.

Meanwhile, the Milan Stock Exchange is experiencing a surge, reaching its highest point since 2000. The Ftse Mib index surpassed 45,000 points, rising 0.1% in the first session of the year.

Leading gains were MPS (+2.4%),Fincantieri (+1.9%), Saipem (+1.8%), Moncler (+1.7%), and Mediobanca (+1.4%). conversely, Ferrari (-0.7%),Diasorin,and Inwit (-0.4%) saw declines.

MPS to Vote on Statute Amendments February 4th

Banca Monte dei Paschi di Siena (MPS) is holding an extraordinary meeting on February 4th at 2:30 PM in Siena. this meeting, called by Board of Directors President Nicola Maione, focuses on key changes to the bank’s statute.

Specifically, shareholders will vote on amendments allowing the assembly to increase the limit of share capital. This change is important, perhaps opening the door for future capital raises. Details regarding the specific increase and its implications haven’t been released, but this move suggests the bank is preparing for future financial needs or opportunities.

The meeting’s agenda is limited to these statutory changes, indicating a focused and deliberate approach to these updates.Investors and stakeholders will be watching closely to understand how these amendments will impact MPS’s long-term strategy and financial versatility.