FTSE MIB Snaps 5-Day Losing Streak
2025-11-20 08:39
By
Kyrie Dichosa
1 min. read
The FTSE MIB rose 0.6% to close at 42,918 on Thursday, snapping a five-day losing streak and rebounding slightly from a four-week low, following a better-than-expected earnings report from Nvidia.
The strong results helped ease concerns over stretched tech valuations.
Meanwhile, traders also assessed the latest FOMC minutes, which reduced expectations for a December rate cut.
Attention has now turned to the delayed US September jobs report due later today.
Gains were broad-based, led by heavyweight financials including Unicredit (+1.4%), Intesa Sanpaolo (+1%), Banco BPM (+0.5%), Mediobanca (+1.7%), and Banca Monte dei Paschi di Siena (+1.4%).
Other notable performers included Hera (+3.1%), Leonardo (+2.8%), Italgas (+2.2%), and A2A (+2.2%).