FTSE MIB Halts 3-Day Gain
2026-03-26 08:53
By
Kyrie Dichosa
1 min. read
The FTSE MIB fell nearly 1% to around 43,500 on Thursday, halting a three-day gain and moving in line with its European peers, as markets navigated uncertainty over Middle East peace talks.
The US said discussions around a proposed peace plan were in progress, but Iran countered that it was not engaged in direct talks with Washington.
Oil prices resumed their advance, continuing to stoke inflation worries and putting additional pressure on equity markets.
Across the bourse, most stocks were subdued, including UniCredit (-1.2%), Intesa Sanpaolo (-0.9%), Leonardo (-1.6%), Poste Italiane (-1.4%), and Prysmian (-4.8%).
On the economic front, Italy’s consumer confidence fell to 92.6 in March, the lowest reading since October 2023, while business confidence slightly improved to 88.8 from 88.5 in February.