Italian Stocks Fall, Still Set for Weekly Gain
2025-09-12 07:46
By
Kyrie Dichosa
1 min. read
The FTSE MIB fell 0.3% to around 42,300 on Friday, giving back some of the previous session’s gains and underperforming its European peers.
Still, the index is on track for its first weekly rise in three weeks, supported by optimism over potential US rate cuts, after a surge in US jobless claims and a modest uptick in inflation reinforced expectations of Federal Reserve easing later this month and into year-end.
Meanwhile, the ECB signaled that its rate-cutting phase has concluded, with President Lagarde noting that the bank is in a “good place” and that growth risks are now more balanced.
Across the bourse, auto stocks lagged early, with Stellantis down 1.7% and Ferrari falling 0.5%.
On the upside, notable gainers included Leonardo (+1.2%), Prysmian (+1.1%), Tenaris (+1.1%), and Unipol Gruppo (+1%).