FTSE MIB Falls Over 1%
2026-03-05 08:46
By
Kyrie Dichosa
1 min. read
The Italian FTSE MIB fell over 1% toward 44,800 on Thursday, giving back gains from the previous session and moving in line with its European peers.
With the US–Iran conflict now entering its sixth day, renewed concerns about a wider confrontation dampened risk sentiment, as both sides signal the possibility of intensified attacks in the coming days.
Most stocks were in the red, notably Nexi, which plunged more than 17% after posting a slight Q4 earnings miss and maintaining a target of mid-single-digit growth by 2028.
Amplifon also slumped over 14% following a Q4 profit decline and plans to withdraw from the UK market by selling around 100 directly operated clinics.
Financials also retreated, including Banca Monte dei Paschi di Siena (-4.1%), Mediobanca (-3%), Banco BPM (-1.2%), Intesa Sanpaolo (-1.2%), and UniCredit (-1.5%).
On the data front, the PM survey showed that Italy’s construction sector returned to expansion in February.