FTSE MIB Flat to Start the Week

2026-04-27 07:56 By Kyrie Dichosa 1 min. read

The FTSE MIB was nearly flat at around 47,600 on Monday as markets continued to closely monitor developments in the Middle East.

Axios reported that Iran has submitted a new proposal to the US to reopen the Strait of Hormuz and end the conflict, while delaying nuclear negotiations to a later stage.

Citing a US official and two sources, the report raised cautious hopes that diplomatic talks could resume and potentially lead to a resolution.

At the same time, investors are bracing for a busy week of major central bank decisions.

Looking ahead, Italy is also set to release a raft of key data this week.

Early gainers included several banks, with UniCredit (+0.8%), Banco BPM (+1.1%), and BPER Banca (+0.7%) advancing.

Other notable gainers included Saipem (+2.3%), Tenaris (+1.2%), and Eni (+0.7%).

On the flipside, Ferrari (-0.7%), STMicroelectronics (-1.4%), and Nexi (-1.8%) were in the red.



News Stream
FTSE MIB Flat to Start the Week
The FTSE MIB was nearly flat at around 47,600 on Monday as markets continued to closely monitor developments in the Middle East. Axios reported that Iran has submitted a new proposal to the US to reopen the Strait of Hormuz and end the conflict, while delaying nuclear negotiations to a later stage. Citing a US official and two sources, the report raised cautious hopes that diplomatic talks could resume and potentially lead to a resolution. At the same time, investors are bracing for a busy week of major central bank decisions. Looking ahead, Italy is also set to release a raft of key data this week. Early gainers included several banks, with UniCredit (+0.8%), Banco BPM (+1.1%), and BPER Banca (+0.7%) advancing. Other notable gainers included Saipem (+2.3%), Tenaris (+1.2%), and Eni (+0.7%). On the flipside, Ferrari (-0.7%), STMicroelectronics (-1.4%), and Nexi (-1.8%) were in the red.
2026-04-27
The FTSE MIB Index Closes 0.52% Lower
The FTSE MIB Index dropped 251 points or 0.52 percent on Friday to close at 47656 points. Losses were led by Avio (-7.15%), Stellantis N.V. (-4.67%) and Fincantieri (-4.63%). Offsetting the fall, top gainers were Prysmian (3.94%), Saipem (2.84%) and STMicroelectronics (0.81%).
2026-04-24
FTSE MIB Falls as Middle East Tensions Weigh
The FTSE MIB fell 0.5% to close at 47,656 on Friday as investors monitored a standoff between the US and Iran. Tehran responded to the US blockade by demonstrating its control over the Strait of Hormuz, with few signs the strait will reopen soon. Brent remained near $105, threatening to exacerbate inflation fears and global growth concerns while pressuring financials and the broader index. UniCredit lost 0.7%, MPS shed 1.2% and FinecoBank fell 2.7%. Also, MPS CEO Luigi Lovaglio is considering selling a €7.4 billion stake in Generali (+0.6%) to help finance a takeover of BPM (+0.4%). Eni fell 1.1% after reporting lower first-quarter profit despite higher revenues and production, while Leonardo shed 3% after peer Lockheed Martin’s stock was pressured following the Peruvian government’s announcement that it had postponed jet acquisitions. Other notable laggards included Ferrari (-2.1%), Stellantis (-4.9%) and Enel (-0.6%).
2026-04-24