FTSE MIB Jumps on Strong Earnings

The FTSE MIB Index went up by 907 points or 1.98 percent on Monday to close at 46784 points. The rise was led by STMicroelectronics (9.85%), UniCredit (6.60%) and Infrastrutture Wire (3.02%).

The FTSE MIB jumped 2% to close at 46,808 on Monday, supported by strong earnings. UniCredit surged 6.5% after targeting net profit of about €11 billion in 2026, following a 13.6% rise to €10.6 billion in 2025, above market expectations. Other financials also advanced, with MPS up 2.2% and Unipol gaining 2.4%. STMicroelectronics led the index with a 9.8% rally after expanding its strategic partnership with Amazon Web Services through a multi-year commercial agreement worth “many billions” of dollars to support high-performance computing for cloud and AI data centers. The US group may also take a stake just below 3% via a warrant.

The FTSE MIB rose 1% to around 46,340 on Monday, extending last week’s gains amid a positive global backdrop. Gains were led by UniCredit, which surged nearly 5% after Italy’s second-largest bank raised its profit outlook following stronger-than-expected 2025 earnings. Other key performers included Leonardo (+2.6%), BPER Banca (+1.3%), Banca Monte dei Paschi di Siena (+1.2%), and Prysmian (+1.0%). Meanwhile, investors awaited crucial US economic data later this week for more clues on the Federal Reserve’s policy outlook. Attention also remained on US-Iran talks, with both sides agreeing to continue negotiations aimed at easing tensions and reducing the risk of military confrontation.