FTSE MIB Rises to Near 3-Week High
2025-09-15 07:44
By
Judith Sib-at
1 min. read
The FTSE MIB Index rose 0.3% to around 42,680 in early trading on Monday, extending its winning streak to a sixth consecutive session and reaching a near three-week high.
Investor sentiment was supported by a widely expected rate cut from the US Federal Reserve later this week amid signs of cooling in the US labor market.
Elsewhere, US and Chinese officials wrapped up the first day of talks in Madrid on Sunday on their strained trade ties, with discussions set to continue today.
On the corporate front, Leonardo (+2.2%), STMicroelectronics (+2.2%), Intesa Sanpaolo (+1.2%), and BPER Banca (+1.7) were among the notable gainers.
Luxury brands also outperformed, with Moncler and Brunello Cucinelli climbing 2.8% and 3.4%, respectively.