FTSE MIB Near Highest Since 2000
2026-04-15 07:50
By
Kyrie Dichosa
1 min. read
The FTSE MIB was little changed around 48,190 on Wednesday, hovering near its highest levels since 2000, as markets continued to assess developments in the Middle East while digesting fresh corporate updates.
Reports indicated that Washington and Tehran are moving toward another round of negotiations in the coming days, even as a US naval blockade continues to restrict access through the Strait of Hormuz.
Meanwhile, Stellantis rose over 3% after reporting estimated consolidated shipments of 1.4 million units in Q1 2026, marking a 12% year-on-year increase.
Among banks, Mediobanca gained 1.9%, while Banca Monte dei Paschi di Siena added 2.5%.
On the downside, luxury names such as Brunello Cucinelli (-1.5%) and Moncler (-2.3%) led losses, tracking weakness across European peers including Kering and Hermès after disappointing Q1 earnings, which fueled concerns that Middle East tensions are weighing on luxury demand.