FTSE MIB Extends Losses
2026-03-19 08:56
By
Judith Sib-at
1 min. read
The FTSE MIB fell nearly 2% to below 44,000 in early trading on Thursday, extending losses from the previous session, as escalating tensions in the Middle East unsettled investors.
Iran carried out a series of retaliatory strikes targeting key energy infrastructure in neighboring Gulf states after Israel struck its largest gas field, heightening concerns about prolonged disruptions to supply.
Meanwhile, investors await the European Central Bank’s rate decision later today.
With the central bank widely expected to hold interest rates steady, investors will scrutinize policymakers’ comments for indications of how surging energy prices might affect economic growth and inflation.
Notable losses were seen in Infrastrutture Wire (-17.2%), Interpump Group (-3.7%), Prysmian (-3.9%), Telecom Italia (-3.1%), and Bper Banca (-3.0%).