FTSE MIB Edges Higher

2026-04-21 07:52 By Kyrie Dichosa 1 min. read

The FTSE MIB edged higher to around 48,300 on Tuesday, trimming losses from the previous session, despite sentiment remaining cautious as attention stayed focused on developments in the Middle East.

Reports indicate that Iran is set to join the US for talks in Islamabad later today.

Markets are also monitoring whether the ceasefire, which is nearing expiration, will be extended, and whether the Strait of Hormuz will be reopened.

Leading the gains was STMicroelectronics, up 2%, tracking advances in global tech peers on AI optimism.

Other gainers included auto stocks Ferrari (+1%) and Stellantis (+1.8%), luxury brand Moncler (+0.9%), and several banks, including Mediobanca (+1.4%) and Banca Monte dei Paschi di Siena (+1.1%).

On the flipside, Lottomatica shed nearly 5% after announcing its intention to issue and place senior secured notes maturing in 2032 for a total aggregate amount of EUR 765 million.



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FTSE MIB Edges Higher
The FTSE MIB edged higher to around 48,300 on Tuesday, trimming losses from the previous session, despite sentiment remaining cautious as attention stayed focused on developments in the Middle East. Reports indicate that Iran is set to join the US for talks in Islamabad later today. Markets are also monitoring whether the ceasefire, which is nearing expiration, will be extended, and whether the Strait of Hormuz will be reopened. Leading the gains was STMicroelectronics, up 2%, tracking advances in global tech peers on AI optimism. Other gainers included auto stocks Ferrari (+1%) and Stellantis (+1.8%), luxury brand Moncler (+0.9%), and several banks, including Mediobanca (+1.4%) and Banca Monte dei Paschi di Siena (+1.1%). On the flipside, Lottomatica shed nearly 5% after announcing its intention to issue and place senior secured notes maturing in 2032 for a total aggregate amount of EUR 765 million.
2026-04-21
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The FTSE MIB fell 1.4% to close at 48,207, shedding lat week's gains as renewed US Iran tensions weighed on sentiment. The US Navy seized an Iranian cargo vessel, undoing earlier de-escalation hopes after Iran’s foreign minister had pledged to keep the Strait open during the Israel Lebanon ceasefire. Uncertainty persists over whether talks will resume before the ceasefire expires Tuesday. Oil prices rose, reviving inflation and economic concerns. Banks declined sharply, UniCredit lost 5.3%, BPM 5.7%, Mediolanum 4.7%. Industrials also fell: Ferrari down 2.8%, Stellantis 1.2%, Campari 3.2%. Eni gained 2.5% on higher oil, and Leonardo rose 0.7% amid rising geopolitical risk.
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