(Alliance News) - On Wednesday, major European stock markets traded mixed in mid-morning trading just after the release of data on Eurozone industrial production, which rose again on a monthly basis in June.

In detail, Eurozone industrial production rose 0.5 percent on a monthly basis in June after remaining unchanged in May.

On a year-over-year basis, June's 1.2 percent decline followed a 2.5 percent drop in the previous month.

Thus, the FTSE Mib is down 0.3 percent to 28,337.34, the Mid-Cap is up 0.1 percent to 42,049.70, the Small-Cap is in the green 0.3 percent to 26,996.26, and Italy Growth is in fractional green at 8,920.89.

In Europe, Paris' CAC 40 is up 0.1 percent, as is Frankfurt's DAX, while London's FTSE 100 is in the red by 0.1 percent.

In other macroeconomic news also from the Eurozone, the economy grew more slowly than in the previous quarter in the first three months of the year.

Eurozone Gross Domestic Product rose 0.3 percent in the second quarter on a quarterly basis after rising 0.5 percent in the first three months of the year.

On an annual basis, the economy grew 1.5 percent from the 1.6 percent increase in the first quarter.

As for the labor market, the number of employed people increased by 0.2 percent in both the euro area and the EU in the second quarter compared to the previous quarter. In the first quarter, employment had increased by 0.5 percent in both areas.

From Germany, manufacturing employment remained flat on a monthly basis in June, as it has been since April, but increased on an annual basis in June, the country's Federal Statistical Office said Wednesday.

Manufacturing employment increased 1.2 percent year-on-year in June, up 68,600, but has not changed on a monthly basis since April, the statistical office said.

On the main index in Piazza Affari, Monte dei Paschi di Siena continues to hold the lead by rising 1.7 percent after closing ahead of everyone on Monday, in the green by 6.3 percent.

Good buys also on BPER Banca, up 1.1 percent, Fineco, in the green by 0.9 percent, and Banco BPM, up 0.7 percent.

Tenaris is in the red by 0.5% after announcing that it has entered into a definitive agreement to acquire from Mattr 100% of the shares of its subsidiary Bredero Shaw International, which holds control of the pipe coating business valued at USD166 million including working capital, on a cash-free and debt-free basis, subject to customary price adjustments.

The board of directors of Unipol -- in the green by 0.1 percent -- announced Friday morning that it had approved the consolidated results as of June 30, reporting a half-year closed with a consolidated profit of EUR517 million, down more than 24 percent from the consolidated net profit of EUR684 million in the corresponding period last year, reported under previous accounting standards and on which were reflected extraordinary items of some EUR279 million related to the pro-rata consolidation of BPER Banca's result.

At the bottom is CNH Industrial, down 3.5 percent, along with Stellantis also of the Agnelli Galaxy, which gives up 1.2 percent.

Also down is Saipem, which leaves 1.8% on the parterre.

On the Mid-Cap, Juventus rises 0.5 percent. The club announced that it has reached an agreement with AS Monaco Football Club for the outright sale of the rights to the sports performance of footballer Denis Lemi Zakaria Lako Lado for a consideration of EUR20 million, payable in four financial years.

UnipolSai also continues to do well -- up 0.3 percent -- after the accounts, for which the company reported Friday that it closed the first half of the year with a profit up 2.0 percent to EUR431 million from EUR422 million in the same period a year earlier.

In contrast, net income for the first half of 2022, calculated using other IFFRS 4 and IAS 39 parameters, was EUR176 million.

Direct insurance premiums rose to EUR7.47 billion from EUR6.63 billion, with non-life premiums rising to EUR4.32 billion from EUR4.15 billion and life premiums increasing to EUR3.14 billion from EUR2.48 billion in the same period last year.

Topping the list are El.En. and Antares Vison, up 2.6 percent and 1.5 percent, respectively. At the bottom is MutuiOnline, down 2.1 percent.

On the small-cap segment, Autostrade Meridionali gives up 0.6 percent. The company said Friday that, with reference to the recent stock market performance of its stock, it is not aware of any elements that could justify the upward changes that have occurred on the stock market since the end of July.

Servizi Italia--flat at EUR1.34 per share--reported Thursday that it ended the first half of the year with increased revenues and profits compared to the same period last year.

The company's revenues increased to EUR143.8 million from EUR134.0 million in the first half of 2022. Revenues from washroom services-which in absolute terms accounted for 74.9 percent of the group's revenues-increased to EUR107.7 million from EUR101.8 million in the first six months of 2022, supported by robust growth in washroom Italy.

Among SMEs, Ecosuntek rises 2.7 percent after clarifying Monday that subsidiary Eco Trade "is already equipped with the necessary own resources to acquire the approximately 45 percent stake in +Energia Spa.

Before the closing, however, Eco Trade may consider the possibility of using a specific transaction with the banking system that takes into account a proper Debt/Equity ratio.

Vantea SMART - in the green by 0.8 percent - announced Friday that it has initiated a new buyback plan.

Comal is unchanged at EUR3.48 per share, after letting Integrae SIM know Friday that it has notified Integrae SIM of its exercise of its right to terminate its Euronext Growth Advisor and specialist contracts.

In Asia, the Nikkei gave up 1.5 percent to 31,766.82, the Hang Seng lost 1.4 percent to 18,329.30, and the Shanghai Composite closed 0.8 percent in the red to 3,150.13.

In New York on Tuesday, the Dow Jones closed down 1.0 percent to 34,946.39, the S&P gave up 1.2 percent to 4,437.86, while the Nasdaq left the parter 1.1 percent to 13,631.05.

Among currencies, the euro changed hands at USD1.0926 versus USD1.0904 in Tuesday's European equities close while the pound was instead worth USD1.2761 from USD1.2703 Tuesday evening.

Among commodities, Brent crude is worth USD84.83 per barrel versus USD84.95 per barrel at Tuesday night's close. Gold, on the other hand, trades at USD1,937.45 an ounce from USD1,935.20 an ounce Tuesday night.

Wednesday's economic calendar includes at 1300 CEST, from the US, comes the mortgage market report, at 1515 CEST the industrial production figure is released, and at 1630 CEST the crude oil stocks figure

Instead, at 2000 CEST the minutes of the FOMC meeting will be released.

By Claudia Cavaliere, Alliance News reporter

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