FTSE MIB Pulls Back From 2001 Highs
2025-11-14 09:00
By
Kyrie Dichosa
1 min. read
The FTSE MIB fell more than 1% to around 44,200 in early trading on Friday, retreating from its highest level since 2001 and moving in line with its European peers.
Investor sentiment softened as worries grew that the AI sector may be entering an overheated phase, while optimism over the end of the US government shutdown faded and expectations for further US rate cuts lost momentum.
Broad-based losses were seen across major stocks, with notable declines in Leonardo (-2.9%), Moncler (-1.5%), Prysmian (-1.2%), STMicroelectronics (-1.7%), and Stellantis (-1.4%).
Heavyweight financials were also under pressure, including UniCredit (-1.2%), Intesa Sanpaolo (-1.3%), Banco BPM (-2.8%), and BPER Banca (-2.2%).
For the week, the benchmark index is still on track for its best performance since early August.