FTSE MIB Extends Losses
2026-03-27 08:48
By
Kyrie Dichosa
1 min. read
The FTSE MIB fell to around 43,500 on Friday, extending losses from the previous session, as President Trump’s announcement of a deadline extension for Iran failed to lift sentiment.
He said he would delay planned strikes on Iran’s energy infrastructure for another 10 days, extending the pause until April 6 to give negotiators more time to reach an agreement.
Despite the temporary stand-down, oil prices continued to rise, driving inflation fears.
Across the bourse, laggards included Leonardo (-1.4%), STMicroelectronics (-2.3%), and Prysmian (-0.9%).
Heavyweight financials were also mostly in the red, as stagflation concerns lifted bond yields and widened the BTP-Bund spread sharply.
For the week, the index is heading for a gain of over 1%.