FTSE MIB Extends Gains

2026-01-27 16:54 By Isabela Couto 1 min. read

The FTSE MIB rose 1.2% to close at 45,471 on Tuesday, extending gains from the previous session as investors welcomed the EU–India trade agreement and awaited the US Federal Reserve’s policy decision.

The EU and India reached a free trade deal after nearly two decades of intermittent negotiations, boosting the outlook for European exports.

Meanwhile, the Fed is widely expected to keep interest rates unchanged.

The BTP-Bund spread narrowed by 0.55 basis points, supporting financial stocks, with UniCredit up 2.8% and Mediolanum gaining 1.9%.

Leonardo advanced 2.2% amid persistent geopolitical uncertainty.

Utilities also performed well, with Enel rising 1.5%.

Elsewhere, Prysmian climbed 2.3% and STMicroelectronics gained 1.8%.

On the downside, luxury stocks underperformed, with Ferrari down 1.0%, Moncler off 1.2%, and Brunello Cucinelli slipping 0.7%, while Campari fell 2.9%.



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