The FTSE MIB Index Closes 1.00% Higher

The FTSE MIB Index went up by 490 points or 1.00 percent on Wednesday to close at 49481 points. The rise was led by STMicroelectronics (9.65%), Recordati (3.77%) and Stellantis N.V. (3.71%). On the downside, the weakerst performers were Nexi (-3.12%), Avio (-1.79%) and Snam (-1.36%).

The FTSE MIB rose 0.9% to close at 49,420 on Wednesday as investors focused on corporate earnings while continuing to monitor developments in the Middle East. Recordati gained 4% after reporting a 22.4% year-over-year increase in first-quarter net income and reaffirming its full-year 2026 guidance. STMicroelectronics surged 9.9%, tracking gains across the broader European semiconductor sector. Other notable performers included Prysmian (+4%), Stellantis (+3.4%), and Tenaris (+2.6%). Meanwhile, Snam fell 1% despite posting strong first-quarter results, while Infrastrutture Wireless lost 1.1% ahead of its earnings release.

The FTSE MIB rose nearly 1% to around 49,400 on Wednesday, recovering losses from the previous session as investors shifted focus back to earnings while continuing to monitor developments in the Middle East. Recordati reported a 22.4% year-on-year increase in first-quarter net income and reaffirmed its full-year 2026 guidance, with the stock rising over 1%. Other notable gainers were industrial stocks, including Prysmian Group (+2.4%), STMicroelectronics (+4.5%), Saipem (+2.9%), and Infrastrutture Wire (+1%). Heavyweight financials also traded mostly higher. On the downside, luxury names such as Moncler (-2.1%) and Brunello Cucinelli (-1.5%) were under pressure.