FTSE MIB Snaps 4-Day Gain
2026-02-05 09:01
By
Kyrie Dichosa
1 min. read
The FTSE MIB fell 0.2% to around 46,500 on Thursday, pausing a four-day gain, as markets braced for the ECB monetary policy decision later today.
The ECB is widely expected to keep interest rates unchanged.
Traders also continued to digest fresh corporate earnings, with Bper Banca rising nearly 2% after reporting a Q4 net profit 32% above estimates, driven by stronger core revenues and lower costs.
Other notable gainers included STMicroelectronics (+1.9%) and Moncler (+0.9%).
On the flip side, most major stocks were in the red, notably Intesa Sanpaolo (-0.9%), Ferrari (-0.7%), Leonardo (-0.7%), Mediobanca (-1%), and Stellantis (-1.6%).
On the data front, the latest PMI survey showed that Italy’s construction sector continued to contract in January, marking the third consecutive month in negative territory.