The FTSE MIB Index Closes 0.26% Higher

The FTSE MIB Index went up by 122 points or 0.26 percent on Thursday to close at 47907 points. The rise was led by STMicroelectronics (14.15%), Snam (1.81%) and Saipem (1.27%). On the downside, the weakerst performers were Diasorin (-4.19%), Amplifon (-2.68%) and Moncler (-1.80%).

The FTSE MIB gained 0.3% to close at 47,907 on Thursday, lifted by energy gains and strong corporate results. The standoff in the Strait of Hormuz and stalled US Iran peace talks pushed oil prices higher, helping Eni rise 1.2%. The company will release its Q1 2026 results tomorrow. STMicroelectronics surged 14.1% after reporting first-quarter results above expectations, signaling recovery in key semiconductor markets and forecasting further growth in the second quarter. Utilities also advanced, with Enel up 1% and Snam gaining 1.6%, while energy-related stocks Prysmian and Tenaris both rose 1.1%. On the downside, most financials traded lower as the oil spike renewed stagflation concerns. The BTP Bund spread widened sharply and bond yields rose; UniCredit lost 1.9% and Intesa Sanpaolo shed 0.9%. Luxury stocks also declined amid risk aversion, with Ferrari down 0.7%, Moncler 2.1%, and Brunello Cucinelli 0.9%.

The FTSE MIB edged lower to around 47,700 on Thursday, extending losses for a fourth straight session as sentiment stayed under pressure from ongoing Middle East tensions. The sustained standoff in the Strait of Hormuz and stalled US–Iran peace talks pushed oil prices higher, upholding inflation concerns. Meanwhile, investors continued to assess a fresh batch of corporate earnings. STMicroelectronics surged more than 7% after reporting first-quarter results above market expectations, signalling signs of recovery in key semiconductor markets and forecasting further growth in the second quarter On the downside, early laggards included luxury names Ferrari (-1.1%), Moncler (-3.5%), and Brunello Cucinelli (-1.6%). Heavyweight financial stocks were also mostly in the red.