(Alliance News) - The following stocks are the best and worst performers on Italy Growth Friday afternoon in Piazza Affari.

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WINNERS

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iVision Tech registers the sharpest rise on the alternative capital market of the Italian Stock Exchange, amounting to 8.4 percent. The company listed Thursday among the SMEs on Piazza Affari, after raising EUR2 million in its IPO. The company is active in the design and production of eyeglass frames and sunglasses and works in partnership with major luxury brands. iVision Tech operates through the iVision Eyewear division, which focuses on production, and the iVision R&D division, dedicated to research and development activities for technological innovations to be applied to eyewear.

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Health Italia follows, up 6.0 percent. Banca Profilo began coverage on the stock of the company active in the Italian market of integrative healthcare and the provision of wellness solutions for families and corporate employees with a 'buy' recommendation and target price of EUR4.5.

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LOSERS

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Illa gives up 9.1 percent and registers the steepest decline on the SME list, with shares worth just 4 cents each.

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Innovatec records a 7.4 percent decrease after reporting Thursday that first-half revenues fell to EUR95.5 million from EUR163.0 million year-on-year. This was due to a 110% reduction in the Ecobonus business as a result of the regulatory and financial stop&go from the second half of 2022; overall, the Energy Efficiency and Renewables business stood at EUR15 million in the first half from EUR61 million in the same period last year.

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By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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