FTSE MIB Bounces Back
2026-03-10 08:53
By
Judith Sib-at
1 min. read
The FTSE MIB rose more than 2% to around 45,000 in early trading on Tuesday, rebounding from a nearly three-month low, after President Trump signaled that the war against Iran could end soon.
Trump said on Monday that the conflict “is very complete” and indicated that the US is “very far ahead” of his initial four- to five-week timeline for military operations.
Still, investors are keeping an eye on energy markets following the recent surge in crude prices, which has reignited worries over inflation, interest rates, and broader economic growth.
Financial stocks led the recovery, with strong gains from UniCredit (+4.6%), Intesa Sanpaolo (+3.1%), Banca Mediolanum (+4%), Banco BPM (+3.6%), Bper Banca (+4.7%), Mediobanca (+4.9%), and Banca Monte dei Paschi di Siena (+4.8%).