The FTSE MIB surged 1.7% to close at 48,844 on Friday, hitting a record high after Iran declared the Strait of Hormuz open. Foreign Minister Abbas Araghchi confirmed full commercial access during the ceasefire. Oil prices plunged and bond yields fell, lifting financials. UniCredit rose 3.8%, Intesa Sanpaolo added 3.1%, MPS gained 4.2%, and Mediobanca advanced 5.2%. Luxury stocks gained in the lower-risk environment, Ferrari gained 5.2%, Moncler advanced 2.9%, and Brunello Cucinelli added 4.3%. Elsewhere, Stellantis jumped 6.8% on a new five-year AI partnership with Microsoft, while STMicroelectronics rose 6.5% on a positive Mizuho outlook. In contrast, Eni slumped 7% on falling oil prices.
Italy's main stock market index, the IT40, rose to 48757 points on April 17, 2026, gaining 1.56% from the previous session. Over the past month, the index has climbed 8.97% and is up 35.63% 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 50108.56 in March of 2000. Italy Stock Market Index (IT40) - data, forecasts, historical chart - was last updated on April 19 of 2026.
Italy's main stock market index, the IT40, rose to 48757 points on April 17, 2026, gaining 1.56% from the previous session. Over the past month, the index has climbed 8.97% and is up 35.63% 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 47838.83 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 43982.49 in 12 months time.