FTSE MIB Edges Lower

2026-05-07 08:10 By Kyrie Dichosa 1 min. read

The FTSE MIB was slightly lower at 49,600 on Thursday, trimming gains after hitting a fresh record at the open, as investors digested mixed earnings reports.

Davide Campari-Milano slumped over 11%, as Q1 organic revenue fell short of market expectations.

Tenaris also fell over 5% after maintaining Q1 profitability but warning that the Iran conflict could weigh on Q2 sales.

FinecoBank eased 0.5% after reporting lower Q1 profits.

On the upside, Poste Italiane rose over 2% after reporting higher Q1 profits, while Nexi gained 0.3% on earnings growth.

Meanwhile, traders monitored developments in the US–Iran conflict and whether Tehran would accept Washington’s proposal.

President Trump said no agreement had been finalized, calling it “perhaps a big assumption” that Iran would agree, while warning that military strikes could resume at higher intensity if Tehran failed to comply.



News Stream
FTSE MIB Edges Lower
The FTSE MIB was slightly lower at 49,600 on Thursday, trimming gains after hitting a fresh record at the open, as investors digested mixed earnings reports. Davide Campari-Milano slumped over 11%, as Q1 organic revenue fell short of market expectations. Tenaris also fell over 5% after maintaining Q1 profitability but warning that the Iran conflict could weigh on Q2 sales. FinecoBank eased 0.5% after reporting lower Q1 profits. On the upside, Poste Italiane rose over 2% after reporting higher Q1 profits, while Nexi gained 0.3% on earnings growth. Meanwhile, traders monitored developments in the US–Iran conflict and whether Tehran would accept Washington’s proposal. President Trump said no agreement had been finalized, calling it “perhaps a big assumption” that Iran would agree, while warning that military strikes could resume at higher intensity if Tehran failed to comply.
2026-05-07
FTSE MIB Hits Record High as Oil Eases
The FTSE MIB jumped 2.3% to close at 49,697 on Wednesday, reaching a fresh record high as oil prices continued to ease on renewed hopes for a peace deal in the Iran conflict. The US said its offensive military actions against Iran had been completed, while President Donald Trump indicated Washington would temporarily suspend efforts to assist vessels leaving the Strait of Hormuz to allow room for renewed negotiations. Financials led the rally, with UniCredit (+4.6%), Intesa Sanpaolo (+3.3%), Banco BPM (+3.9%), and BPER Banca (+3.7%) posting strong gains, while Generali rose 2.2% ahead of earnings. Leonardo (+5.0%) is also set to report results, alongside TIM (+1.6%) and Poste Italiane (+2.3%). Eni fell 4.1% on lower oil prices. On the data front, PMI surveys showed Italy’s private sector returned to growth in April, although the services sector remained in contraction.
2026-05-06
The FTSE MIB Index Closes 2.35% Higher
The FTSE MIB Index rose 1139 points or 2.35 percent on Wednesday to close at 49697 points. Leading the gains are Amplifon (12.40%), Lottomatica (6.68%) and Buzzi Unicem (5.75%).
2026-05-06