# Markets are seeing some profit-taking on the stocks that gained the most yesterday, alongside a sector rotation.

*business · news · 2026-04-09 · MarketScreener*

## Key points

- The Strait of Hormuz remains closed to vessels without a permit after a brief reopening yesterday.
- Oil prices are rising, with Brent futures up $2 to $96.90 per barrel amid ceasefire skepticism.
- SAIPEM opened at 4.18 euros, its highest level since late January 2022.
- LEONARDO is down 2.4% amid speculation about CEO succession, with Cutillo and Mariani as frontrunners.

**Companies:** ENI, UNICREDIT, TENARIS, SAIPEM, ERG, A2A, ASCOPIAVE, ACEA, IREN, INTESA, LEONARDO, CUCINELLI, MONCLER, DIASORIN
**Countries:** Italy, United States, Iran, Israel, Lebanon

[Read the full story on MarketScreener](https://www.marketscreener.com/news/milan-stocks-edge-lower-on-profit-taking-after-rally-utilities-saipem-and-eni-gain-as-leonardo-sl-ce7e50dbdf8ff425)

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