FTSE MIB Rises Over 1%
2026-04-28 08:04
By
Kyrie Dichosa
1 min. read
The FTSE MIB rose more than 1% to around 48,100 on Tuesday, outperforming most of its European peers, driven by strength in heavyweight financials ahead of global interest rate decisions.
UniCredit led the gains, advancing nearly 2%, alongside Intesa Sanpaolo (+1.1%), Banco BPM (+1.9%), BPER Banca (+2.3%), Mediobanca (+2%), Banca Mediolanum (+1.2%), and Banca Monte dei Paschi di Siena (+1.7%).
Other notable gainers included oil stock Eni, up nearly 3%, tracking higher crude prices as tensions in the Middle East persisted, while the Strait of Hormuz remained largely closed.
The White House said US officials are currently reviewing Iran’s latest proposal, while stressing that key “red lines” remain in place for any agreement to end the eight-week conflict.
On the data front, Italy’s industrial sales rebounded in February.