The FTSE MIB rose 2% to close at a record 51,497 on Friday, as banks and insurers extended their rally amid speculation over a potential bidding war for Banca Monte dei Paschi di Siena. Hopes that a deal for Monte Paschi could reignite broader mergers and acquisitions activity and accelerate sector consolidation boosted sentiment across Italy’s financial sector. Among the top performers, Mediobanca gained 4.6% and Monte Paschi added 3.9%, while peers UniCredit (+4.1%) and Intesa Sanpaolo (+4.3%) also advanced. STMicroelectronics climbed 4.5%, extending gains after BofA upgraded the stock from “neutral” to “buy” on Wednesday. Sentiment was further supported by reports that US President Donald Trump said a US-Iran deal is nearing completion and that planned strikes against Iran had been canceled. Oil prices declined on expectations of renewed supply flows, weighing on Eni, which fell 2.2%.
Italy's main stock market index, the IT40, rose to 51497 points on June 12, 2026, gaining 1.97% from the previous session. Over the past month, the index has climbed 4.08% and is up 30.58% 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 51497 points on June 12, 2026, gaining 1.97% from the previous session. Over the past month, the index has climbed 4.08% and is up 30.58% 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.