FTSE MIB Underperforms

2025-09-23 07:59 By Judith Sib-at 1 min. read

The FTSE MIB Index fell 1% to below 42,000 in early trading on Tuesday, erasing the modest gains from the previous session and underperforming other major European indices.

Sentiment was cautious amid geopolitical tensions, while investors awaited a high-profile meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky at the UN.

In corporate news, Monte dei Paschi di Siena has secured 86.3% of Mediobanca in what some have described as Italy’s ‘most exotic’ takeover bid.

Shares of MPS rose 1.2%, while Mediobanca dropped 2.2%.

Meanwhile, energy contractor Saipem gained 0.6% after the Italian government gave a conditional green light for its merger with Norwegian rival Subsea7.

Among other stocks, Leonardo (-2.0%), UniCredit (-1.1%), Banco BPM (-1.3%), and Telecom Italia (-1.2%) tumbled, dragging the index lower.



News Stream
The FTSE MIB Index Closes 0.20% Lower
The FTSE MIB Index fell -90 points or 0.20 percent on Thursday to close at 45625 points..
2026-04-03
FTSE MIB Recovers Partially on Iran-Oman Agreement
The FTSE MIB fell 0.2% to close at 45,625 on Thursday, turning muted after sharp morning losses as Iran and Oman reportedly drafted a protocol to monitor transit through the Strait of Hormuz. Global markets traded sharply lower after US President Trump signaled the Iran war would continue for weeks, but partially recovered on the transit protocol report. Meanwhile, oil prices continued to surge, fueling stagflation fears. Bond yields edged up and the BTP-Bund spread widened, pressuring the financial sector. UniCredit lost 2.5%, MPS fell 2.8%, and Mediobanca dropped 2.5%. STMicroelectronics led losses at 2.8% amid US semiconductor market weakness. In contrast, Eni advanced 4.3% on surging oil prices. Other gainers included Stellantis, up 4.1% after reporting a 10.3% annual rise in sales in March. Also, Generali was up 1%, and Enel gained 0.6%. Markets in Italy will be closed Friday for the Easter holiday.
2026-04-02
The FTSE MIB Index Closes 0.20% Lower
The FTSE MIB Index dropped -90 points or 0.20 percent on Thursday to close at 45625 points. Losses were led by STMicroelectronics (-2.87%), Banca Monte dei Paschi di Siena (-2.77%) and UniCredit (-2.63%). Offsetting the fall, top gainers were Eni (4.27%), Stellantis N.V. (4.13%) and Saipem (2.91%).
2026-04-02