(Alliance News) - On Friday, major European indexes managed to regain some of the losses registered the previous day after a series of macro data from the United States weighed on investors' moods.

Thus, the FTSE Mib closed up 1.0 percent to 27,778.32, the Mid-Cap up 1.1 percent to 42,130.18, the Small-Cap in the green 0.8 percent to 26,705.16 while Italy Growth gained 0.3 percent to 9,043.68.

In Europe, London's FTSE 100 ends down 0.4 percent, Paris' CAC 40 rises 0.3 percent, while Frankfurt's DAX 40 is up 0.5 percent.

"U.S. stock indexes experienced only a short-lived rebound as data were released showing that the U.S. added 209,000 jobs, less than the 225,000 expected, in June after revising downward from 306,000 in May. The reading gives the Fed some breathing room regarding future rate hikes. However, according to the CME's Fed Watch tool, 92 percent of participants expect another 25 basis point rate hike at the July 26 monetary meeting," commented Axel Rudolph, senior market analyst at IG.

On the commodities front, "Commodities such as gas, oil, gold, silver and copper rallied more than 1 percent on Friday, while the U.S. dollar fell due to weaker-than-expected U.S. Non-Farm Payrolls and higher-than-expected U.S. wages in June."

On the main index in Piazza Affari, Saipem does best of all and leads the list with a 4.7 percent rise, leading the oil sector with Tenaris gaining 2.6 percent and Eni up 0.1 percent.

Stellantis also does well, in the green by 2.1 percent. The company and NioCorp Developments announced Friday the signing of a binding agreement defining a 10-year rare earth purchase agreement.

The goal is to enter into a definitive rare earth supply agreement to support Stellantis' commitment to resilient supply chains and achieve zero carbon emissions by 2038 by helping to accelerate NioCorp's progress toward commercial production of rare earth magnetic oxides in the US.

Also among the Agnelli Galaxy, Ferrari moves up 0.2 percent after announcing the launch of an offer aimed at bondholders of the EUR650.0 million loan maturing in 2025, for up to EUR175.0 million.

Banks also do well, with Mediolanum rising 1.7 percent after releasing volumes for June, reporting a total of EUR740 million, EUR6.46 billion since the beginning of the year.

In contrast, total net inflows of EUR447 million rise to EUR4.69 billion when considering since the beginning of the year. Net inflows in assets under management amount to EUR219 million, EUR2.16 billion when considered since the beginning of the year.

Also up was BPER Banca -- up 2.7 percent -- which announced Thursday that it had signed an agreement with the European Investment Fund -- part of the European Investment Bank Group -- through which EIF is offering a EUR110 million guarantee for financing to small and medium-sized enterprises.

The agreement will promote investments made by small and medium-sized enterprises and small midcaps in the fields of sustainability, innovation, digitization, and, to a lesser extent, in the areas of culture and creativity. EIF operations benefit from the support of the InvestEU program.

Amplifon closes the list, down 1.7 percent. It does not help the news that it has entered as main partner in Next Age, the first accelerator in Europe that invests in startups developing products or solutions dedicated to the silver economy.

Next Age is part of the national CDP Venture Capital accelerator network, a network that now has 18 hubs throughout the country to promote and support the growth of young companies specializing in high-potential markets.

On the Mid-Cap, Juventus Football Club rises 1.9 percent Friday when it announced that it has reached an agreement with Cristiano Giuntoli to serve as Football Director until the conclusion of the 2027-2028 football season, reporting to Maurizio Scanavino, Chief Executive Officer.

Giovanni Manna assumes the role of Head of First Team reporting to the new Football Director.

Banca Popolare di Sondrio rises 1.4 percent after reporting that Fitch, at the conclusion of its annual rating review process, has kept all assigned ratings unchanged.

In particular, the bank's Long-term Issuer Default Rating was confirmed at 'BB+' with stable outlook.

On the Small-Cap segment, Pierrel gives up 7.2 percent after announcing that on Wednesday evening the board of directors set the final terms and conditions of the capital increase, to be offered in option to those entitled to it for a maximum amount of EUR70 million, including share premium, to be paid in cash, also by offsetting certain, liquid yet not yet collectible credits.

Aeroporto Guglielmo Marconi Di Bologna rises 3.0 percent, after announcing Thursday that with 982,300 passengers - up 11 percent from the same period in 2022, June was the best month ever in the airport's history, surpassing the previous record figure set in August 2022 by about 26,000.

LVenture gains 1.2 percent after announcing Wednesday that it has completed part of the EUR2.5 million capital increase, to be executed through the issuance of 5.8 million new shares in the company.

PLC System--a PLC group company that closed in the green by 4.9%--signed a contract with Suncore 2, a Peridot Solar group company, for the construction of a utility substation serving a high-voltage condominium, serviced by a large photovoltaic park with a total capacity of 31.7 MWp, located in the Nuoro area.

Among SMEs, Relatech rises 1.3 percent after announcing Thursday that it has finalized the acquisition of the remaining 40 percent of the capital of Sigla Spa, thus rising to the entire share capital of the company specializing in the design and development of ICT solutions.

expert.ai gives up 1.8 percent after signing an investment agreement with the company's main shareholders and GUM Group, under which the latter has committed to underwrite a capital increase totaling EUR3.8 million.

Redelfi gives up 0.5 percent, after announcing Thursday that subsidiary CerLab has signed a framework agreement with Swiss-registered Raviero, a logistics operator active in the renewable energy market.

The agreement is for the purchase of projects provided with authorization for the construction and operation of photovoltaic plants to serve Renewable Energy Communities in the Italian territory.

In New York, at the height of trading on Friday, the Dow is in the red by 0.17 percent, the Nasdaq gains 0.3 percent, and the S&P 500 is up 0.1 percent.

Among currencies, the euro changes hands at USD1.0949 versus USD1.0839 on Thursday in closing European equities. In contrast, the pound is worth USD1.2830 from USD1.2681 on Thursday evening.

Among commodities, Brent crude is worth USD77.47 per barrel versus USD75.27 per barrel at Thursday's close. Gold, on the other hand, trades at USD1,935.50 an ounce from USD1,904.52 an ounce on Thursday evening.

Monday's economic calendar opens in Japan at 0150 CEST with seasonally adjusted, non-seasonally adjusted current account and bank loan information.

At 0330 CEST from China come inflation and the consumer price index for June.

In Europe, the Sentix investor confidence index arrives at 1030 CEST, and the Spanish consumer confidence index is also due in the morning.

Overseas, at 1430 CEST in Canada data on building permits are published, while at 1600 CEST it is the turn of U.S. wholesale trade sales.

Among companies listed on the Stock Exchange, no particular events are expected.

By Claudia Cavaliere, Alliance News reporter

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