FTSE MIB Ends Flat Near Record Highs

The FTSE MIB closed largely unchanged at 53,699 on Wednesday, holding near record levels for a third straight session as losses for utilities offset renewed positive sentiment over AI spending. 6% in Milan. 4%). Financials remain mixed despite easing pressures of a Fed rate hike in September, while consolidation prospects continue.

1% after reports that the ECB is leaning towards approving the lender's takeover bid of Commerzbank. 3%). 3% after a UBS downgrade to "sell".