FTSE MIB Hits Four-Week High

2026-04-01 07:39 By Kyrie Dichosa 1 min. read

The FTSE MIB jumped over 2% to around 45,400 in early trading on the first session of April, extending gains for a third straight session to reach a four-week high, in line with global stocks as hopes of de-escalation in the Middle East grew.

President Donald Trump said the US could withdraw its forces from Iran within two to three weeks and indicated that a deal with Tehran was not required to end the conflict.

Markets are now focused on his nationwide address on the Iran war later today.

Most stocks were posting notable gains, led by heavyweight financials, as oil prices retreated following the announcement, easing some inflation concerns and pushing yields lower.

Index giant UniCredit led the advance, climbing over 5%, alongside Intesa Sanpaolo (+3.8%), Assicurazioni Generali (+2.2%), Banco BPM (+2.9%), and BPER Banca (+2.9%).



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