FTSE MIB Trades Lower

2026-04-29 07:55 By Kyrie Dichosa 1 min. read

The FTSE MIB fell to around 47,800 on Wednesday, giving back gains from the previous session as markets braced for upcoming major policy decisions.

The Federal Reserve is expected to hold rates today, while the ECB is expected to do the same tomorrow.

Risk appetite also remained subdued, as geopolitical tensions in the Middle East showed no signs of easing.

Reports that President Trump has directed preparations for a prolonged blockade of Iran heightened concerns over deeper disruptions to shipping through the Strait of Hormuz.

Heavyweight financials led the losses, retreating from the previous session, including Intesa Sanpaolo (-1%), UniCredit (-0.5%), Banco BPM (-0.9%), BPER Banca (-0.7%), and Mediobanca (-0.7%).

Other notable laggards included Enel (-1.1%), Terna (-1.3%), and Moncler (-2.3%).

On the data front, Italy’s consumer confidence hit a three-year low in April, while business morale fell to its lowest level in seven months.



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FTSE MIB Trades Lower
The FTSE MIB fell to around 47,800 on Wednesday, giving back gains from the previous session as markets braced for upcoming major policy decisions. The Federal Reserve is expected to hold rates today, while the ECB is expected to do the same tomorrow. Risk appetite also remained subdued, as geopolitical tensions in the Middle East showed no signs of easing. Reports that President Trump has directed preparations for a prolonged blockade of Iran heightened concerns over deeper disruptions to shipping through the Strait of Hormuz. Heavyweight financials led the losses, retreating from the previous session, including Intesa Sanpaolo (-1%), UniCredit (-0.5%), Banco BPM (-0.9%), BPER Banca (-0.7%), and Mediobanca (-0.7%). Other notable laggards included Enel (-1.1%), Terna (-1.3%), and Moncler (-2.3%). On the data front, Italy’s consumer confidence hit a three-year low in April, while business morale fell to its lowest level in seven months.
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