FTSE MIB Extends Decline
2026-02-13 09:08
By
Kyrie Dichosa
1 min. read
The FTSE MIB fell 0.5% to around 46,000 on Friday, extending its decline for the fourth consecutive session and mirroring moves across European peers, as caution dominated markets.
The drop came as investors awaited key US inflation data that could influence expectations for the Federal Reserve’s next rate decision.
Adding to the caution, investors questioned the long-term viability of heavy spending on artificial intelligence.
Technology stocks and related shares were under renewed pressure, with Prysmian leading the decline, down over 4%.
Nexi was also down 1%, and A2A shed nearly 2%.
Some financials were also in negative territory, including Banco BPM (-1.1%) and Bper Banca (-1.6%), while luxury auto stocks Stellantis (-1%) and Ferrari (-1.2%) also fell.
For the week, the benchmark index is on track for a muted performance.