FTSE MIB Trades Higher
2026-03-06 09:03
By
Kyrie Dichosa
1 min. read
The Italian FTSE MIB rose to around 44,900 on Friday, trimming losses from the previous session and moving in line with its European peers as investor sentiment was lifted after the energy market rally took a breather.
However, the situation in the Middle East remains uncertain, with the conflict involving Iran showing no signs of easing.
Investors remained cautious amid the impact of higher oil prices on inflationary pressures, fueling expectations that the ECB could adopt a more hawkish stance.
Defence stock Leonardo was among the top gainers, rising more than 2%, while other notable performers included Prysmian (+2.2%), UniCredit (+1.2%), Enel (+1%), Eni (+1.3%), and Buzzi Unicem (+1.6%).
For the week, the benchmark index is set for a decline of almost 5%, breaking a two-week consecutive gain.