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The FTSE MIB edged above 51,900 on Monday, extending gains from the previous session, as markets appeared to overlook higher oil prices after US President Donald Trump rejected Iran’s latest offer to reopen the Strait of Hormuz. Across the bourse, luxury and auto shares outperformed. Stellantis advanced more than 2% af
FTSE MIB rose 0.3% to 52,230 on Monday. Energy stocks outperformed on higher oil prices, while heavy financials were mixed; energy-led moves contrasted with Snam’s 2.2% drop.
Italy’s FTSE MIB was flat to slightly higher around 51,800, near a five-week low, while investors tracked heightened Middle East tensions. Sector gainers included STMicroelectronics (+1.8%) and Poste Italiane (+1.3%); oil prices and bond yields steadied.
The FTSE MIB edged higher to around 52,700 on Monday, extending gains amid heightened Middle East tensions and Italy’s banking consolidation. Energy stocks rose with crude; Eni gained 1.5% and Tenaris rose more than 2%.
The FTSE MIB edged higher to around 52,700 on Wednesday, with falling oil prices lifting bond sentiment while select tech and financial names moved higher.
Italy’s FTSE MIB edged lower to around 52,500 on Monday, near a three-week low, as regional peers declined and investors looked ahead to policy and geopolitical events.
The FTSE MIB fell 0.2% to 53,583 on Friday as utilities lagged on higher European gas prices while defense stocks gained on elevated tensions.