FTSE MIB Moves Lower

2026-03-12 08:54 By Kyrie Dichosa 1 min. read

The FTSE MIB fell to around 44,500 on Thursday, extending its decline from the previous session and moving in line with its European peers.

Oil resumed its rally after coordinated global efforts to release reserves failed to ease markets, keeping energy-driven inflation concerns alive.

Heavyweight financials remained mostly in the red, including Intesa Sanpaolo (-1.3%), Banco BPM (-1.2%), Mediobanca (-2%), and Banca Monte dei Paschi di Siena (-2.2%).

Luxury auto stocks were also under pressure, with Ferrari and Stellantis down 1.3% and 1.5%, respectively.

Meanwhile, defence stocks surged more than 7% as the war in the Middle East showed no signs of abating, while Assicurazioni Generali edged up 0.3% after posting a record profit for 2025 and announcing preparations for a €500 million share buyback.



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