FTSE MIB Extends Losses

2026-03-20 08:53 By Kyrie Dichosa 1 min. read

The FTSE MIB fell toward 43,000 on Friday, extending losses from the previous session and underperforming its European peers.

Traders remained focused on the cautious stance of major central banks, particularly the ECB and the Federal Reserve.

Leading the declines was Infrastrutture Wire, which dropped more than 8% after cutting its 2026 guidance due to escalating conflicts with anchor tenants.

Eni also slipped 0.9%, following weaker oil prices after the US indicated it is unlikely to deploy ground forces against Iran, while Treasury Secretary Scott Bessent suggested a possible easing of sanctions on Iranian oil.

Meanwhile, financials showed resilience, with strong gains for Banco BPM (+2.5%), Bper Banca (+1.5%), Mediobanca (+3.3%), UniCredit (+1.6%), and Intesa Sanpaolo (+1.3%).

For the week, the benchmark index is set for a decline of over 1%.



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