The FTSE MIB rose more than 1% to around 51,300 on Friday, setting a fresh record high, as banks and insurers extended their rally this week amid speculation over a potential bidding war for Banca Monte dei Paschi di Siena. This lifted sentiment across Italy’s financial sector, as a prospective deal for Monte Paschi could reignite broader mergers and acquisitions activity and reinforce expectations of sector consolidation, while unlocking valuation upside. Among the top performers, Mediobanca and Monte Paschi gained more than 3%. Other gainers included UniCredit (+2.2%), Intesa Sanpaolo (+2.7%), Assicurazioni Generali (+1.2%), Banco BPM (+1.5%), BPER Banca (+1.9%), and Unipol Gruppo (+2%). Sentiment was further supported by reports that US President Donald Trump said a US–Iran deal is nearing completion and that he has cancelled planned strikes against Iran. For the week, the benchmark index is on track for a solid gain.
Italy's main stock market index, the IT40, rose to 51453 points on June 12, 2026, gaining 1.88% from the previous session. Over the past month, the index has climbed 3.99% and is up 30.46% compared to the same time last year, 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 51652.26 in June of 2026. Italy Stock Market Index (IT40) - data, forecasts, historical chart - was last updated on June 12 of 2026.
Italy's main stock market index, the IT40, rose to 51453 points on June 12, 2026, gaining 1.88% from the previous session. Over the past month, the index has climbed 3.99% and is up 30.46% compared to the same time last year, 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 49543.13 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 44848.86 in 12 months time.