The FTSE MIB Index Closes 1.77% Lower

The FTSE MIB Index fell -773 points or 1.77 percent on Friday to close at 42928 points. Leading the losses are Infrastrutture Wire (-8.55%), STMicroelectronics (-3.51%) and UniCredit (-3.48%).

The FTSE MIB fell 2% to close at 42,840 on Friday, as surging energy prices prompted major central banks to warn of fresh inflation risks. On Thursday, the ECB held rates steady as expected but raised its inflation forecasts, spurring markets to price in two rate hikes this year. Financials old off as BTP yields surged to their highest since June 2025, with UniCredit falling 3.8%, BPM dropping 2.9%, and Intesa Sanpaolo down 2.2%. However, Inwit led losses, tumbling 7.5% after cutting its 2026 guidance amid escalating disputes with anchor tenants. Also, Leonardo dropped 4.1% amid hopes of de-escalating geopolitical tensions as US signals it is unlikely to deploy ground forces against Iran, and Treasury Secretary Scott Bessent’s suggestion of potential easing on Iranian oil sanctions.

IT40 decreased to 42857.00 Index Points, the lowest since November 2025. Over the past 4 weeks, Italy Stock Market Index (IT40) lost 8.2%, and in the last 12 months, it increased 9.83%.