FTSE MIB Extends Gains
2026-05-14 08:04
By
Kyrie Dichosa
1 min. read
The FTSE MIB rose to around 49,700 on Thursday, extending gains from the previous session and approaching record highs, as investors tracked geopolitical developments and continued to digest the latest earnings reports.
Markets are closely focused on the Beijing meeting between US President Donald Trump and Chinese President Xi Jinping, with hopes that the two sides can help stabilize relations between the world’s largest economies.
Across the bourse, STMicroelectronics led gains, up over 2%.
Heavyweight financials also advanced, including UniCredit (+1.1%), Mediobanca (+1.2%), BPER Banca (+1.4%), and Banca Mediolanum (+1.3%).
Meanwhile, Infrastrutture Wireless Italiane rose 0.4%, even after reporting a decline in first-quarter earnings while reiterating its 2026 revenue guidance.