Milan’s FTSE MIB fell more than 1% to below 49,400 on Tuesday, giving back gains from the previous session and tracking a broader decline in European equities as concerns over stretched AI valuations and persistent Middle East uncertainty dampened risk appetite. Technology stocks led the losses, with STMicroelectronics (-3.33%) and Technoprobe (-2.57%) among the worst performers. Industrial shares also weakened, including Tenaris (-2.80%) and Prysmian (-2.52%). Banks came under pressure as well, with UniCredit down 1.42% and BPER Banca losing 1.35%. Intesa Sanpaolo slipped 0.49% ahead of its third-quarter results due later today. Meanwhile, utilities showed relative resilience, with Terna gaining 0.60%, Hera adding 0.43% and Snam rising 0.40%. Lottomatica also gained over 2% after reporting a 5% year-on-year increase in third-quarter revenue.
Italy's main stock market index, the IT40, rose to 50078 points on November 3, 2026, gaining 0.26% from the previous session. Over the past month, the index has declined 1.46%, though it remains 15.75% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Italy. Historically, the Italy Stock Market Index (IT40) reached an all time high of 54041.80 in August of 2026. Italy Stock Market Index (IT40) - data, forecasts, historical chart - was last updated on November 3 of 2026.
Italy's main stock market index, the IT40, rose to 50078 points on November 3, 2026, gaining 0.26% from the previous session. Over the past month, the index has declined 1.46%, though it remains 15.75% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Italy. The Italy Stock Market Index (IT40) is expected to trade at 48591.74 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 44347.91 in 12 months time.