FTSE MIB Rises to Fresh Highs Since 2000

2026-04-16 08:01 By Kyrie Dichosa 1 min. read

The FTSE MIB climbed above 48,300 on Thursday, reaching a new high since 2000 after a brief pause in the previous session, as investors continued to monitor developments in the Middle East.

Reports indicated that the US and Iran are considering extending the ceasefire by two weeks to allow additional time for peace negotiations.

However, shipping through the Strait of Hormuz remains suspended, with a US naval blockade still in place.

Meanwhile, markets continued to digest corporate updates.

Banca Monte dei Paschi di Siena rose more than 4% after the conclusion of a monthslong governance dispute, with CEO Luigi Lovaglio unexpectedly prevailing.

Other banks also posted strong gains, including Mediobanca (+5%) and Banco BPM (+4.8%), while Assicurazioni Generali added 1.8%.

On the downside, energy-related stocks remained subdued, with Eni down 1.6%, alongside Tenaris (-0.4%) and Terna Rete Elettrica Nazionale (-0.9%).



News Stream
FTSE MIB Rises to Fresh Highs Since 2000
The FTSE MIB climbed above 48,300 on Thursday, reaching a new high since 2000 after a brief pause in the previous session, as investors continued to monitor developments in the Middle East. Reports indicated that the US and Iran are considering extending the ceasefire by two weeks to allow additional time for peace negotiations. However, shipping through the Strait of Hormuz remains suspended, with a US naval blockade still in place. Meanwhile, markets continued to digest corporate updates. Banca Monte dei Paschi di Siena rose more than 4% after the conclusion of a monthslong governance dispute, with CEO Luigi Lovaglio unexpectedly prevailing. Other banks also posted strong gains, including Mediobanca (+5%) and Banco BPM (+4.8%), while Assicurazioni Generali added 1.8%. On the downside, energy-related stocks remained subdued, with Eni down 1.6%, alongside Tenaris (-0.4%) and Terna Rete Elettrica Nazionale (-0.9%).
2026-04-16
The FTSE MIB Index Closes 0.04% Lower
The FTSE MIB Index dropped -20 points or 0.04 percent on Wednesday to close at 48156 points. Losses were led by Hera (-2.27%), Infrastrutture Wire (-2.17%) and Tenaris (-1.70%). Offsetting the fall, top gainers were Nexi (6.03%), Mediobanca (5.43%) and Banca Monte dei Paschi di Siena (4.67%).
2026-04-15
CAC 40 Falls as Luxury Stocks Tumble
The CAC 40 fell 0.6% to close at 8,275 on Wednesday, retreating from a more than one-month high reached in the prior session as heavyweight luxury stocks dragged the index lower. Hermès plunged 8.2% after reporting weaker-than-expected Q1 sales as the Iran conflict dampened spending in the Middle East and reduced tourist demand in Paris. Kering dropped 9.3% after sales at its flagship brand Gucci posted its eleventh straight quarterly decline. Meanwhile, optimism over US-Iran diplomacy stalled despite reports that the two sides are working to schedule a second round of ceasefire talks. On the data front, France’s annual inflation rate was confirmed at a fourteen-month high of 1.7% in March 2026, driven largely by a sharp rebound in energy prices amid disruptions linked to the Iran conflict.
2026-04-15