The FTSE MIB was little changed above 47,000 in early trading on Thursday, hovering near record levels and broadly mirroring moves across its European peers. Investors remained focused on a fresh wave of corporate earnings and reports, with Eni rising more than 1% after posting a 35% year-on-year increase in adjusted Q4 earnings, supported by strong exploration and production performance and improved refining margins. Other notable gainers included Enel and STMicroelectronics, both up over 1%, while defence stock Leonardo added more than 1% as investors awaited US-Iran nuclear talks later in the day. On the downside, laggards included Generali (-1%), Ferrari (-0.8%), Unipol Gruppo (-1%), and Saipem (-2.5%). On the data front, Italy’s business and consumer confidence figures for February are due later today.