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The FTSE MIB rose nearly 1% to around 52,200 on Tuesday, as investors continued to largely shrug off higher oil prices and ongoing US-Iran tensions, while bond yields held at multi-year highs. Heavyweight financials were among the main drivers, with UniCredit gaining 1% after the Financial Times reported that CEO Andre
Italy’s FTSE MIB rises 0.3% to 52,720, led by banking merger developments and a rebound in Prysmian and STMicroelectronics, while luxury and energy lag.
The FTSE MIB rose to around 52,800 on Tuesday, bouncing off a three-week low as tech stocks stabilized; Prysmian led gains and investors awaited Nvidia earnings later this week.