FTSE MIB Rebounds

Italy’s FTSE MIB rose 1.5% to close at 46,473 on Friday amid upbeat earnings and the possibility of improved trade terms with the US. The US Supreme Court struck down reciprocal tariffs by President Trump that had placed levies against the European Union, driving the EU Parliament to set up a meeting and review the current trade agreement. Moncler surged 13.4% after reporting a 7% increase in Q4 revenues, beating expectations on solid growth in Asia and the Americas. Unipol Gruppo climbed 8.7% after a 36.8% jump in 2025 consolidated net profit, exceeding the first third of its 2025–2027 cumulative target in a single year. Financials advanced, with BPER Banca and Banco BPM both up nearly 4%. In turn, Tenaris fell 4.2% as investors booked profits after yesterday's earnings-driven 10% surge.

The FTSE MIB Index went up by 668 points or 1.46 percent on Friday to close at 46462 points. The rise was led by Moncler (14.90%), Unipol Gruppo (7.87%) and Banco BPM SPA (4.42%).

Italy’s FTSE MIB rose about 0.5% to above 46,000 in early trading on Friday, trimming losses from the previous session and moving in line with its European peers. Investors shrugged off geopolitical tensions and continued to digest fresh corporate earnings reports, with Moncler surging nearly 11% after posting a 7% increase in Q4 revenues, above analysts’ expectations, helped by solid growth in Asia and the Americas. Unipol Gruppo also rose almost 6%, following a 36.8% jump in 2025 consolidated net profit, surpassing in a single year the first third of its 2025–2027 cumulative target. Other notable gainers included finance stocks Banco BPM (+1.4%), Bper Banca (+1.3%), and Mediobanca (+1.2%). On the data front, Italy’s construction output rose 5.4% annually in December, following a 2.5% increase in November. For the week, the benchmark index is heading for an over 1% gain.