FTSE MIB Rises for Third Session
2025-11-27 09:06
By
Kyrie Dichosa
1 min. read
The FTSE MIB rose 0.9% to around 43,000 in early Thursday trading, extending gains for the third straight session, sustained by increasing bets of another Federal Reserve rate cut next month.
Investors also continued to watch developments in the ongoing Russia-Ukraine peace efforts.
Banca Generali climbed more than 1% after Kepler Cheuvreux initiated coverage with a Buy rating.
Other notable gainers included defense group Leonardo (+1.7%) and beverage firm Davide Campari-Milano (+2.5%).
On the data front, Italy’s business confidence index surprised to the upside, reaching its highest level since June 2023.
However, consumer confidence weakened, falling to its lowest point in seven months.