FTSE MIB Pulls Back from 26-Year High

2026-05-15 07:45 By Kyrie Dichosa 1 min. read

The FTSE MIB fell about 1% to around 49,500 on Friday, retreating from a 26-year high in the previous session as investors refocused on inflation risks and the prospect of higher-for-longer interest rates.

Middle East tensions also remained elevated after Iran said around 30 vessels were transiting the Strait, although activity stayed well below pre-conflict levels.

Meanwhile, President Trump took a more rigid stance toward Tehran, saying he would no longer wait on Iran and urging its leadership to reach a deal with the US.

On the earnings front, Unipol Gruppo reported higher Q1 net profit, though its shares slipped 0.9%.

Other financial stocks were broadly weaker, including UniCredit (-0.8%), Intesa Sanpaolo (-1.5%), Banco BPM (-1.4%), BPER Banca (-1.7%), and Banca Mediolanum (-1.2%).

STMicroelectronics (-4.2%), Prysmian (-1.8%), Ferrari (-1.1%), and Moncler (-1.9%) also declined.

Despite Friday’s drop, the index remains on track for a modest weekly gain.



News Stream
FTSE MIB Edges Higher Ahead of ECB Decision
The FTSE MIB climbed 0.1% to close at 50,263, supported by gains in heavyweight financial stocks as markets looked ahead to the European Central Bank’s policy decision later this week. The ECB is widely expected to deliver a 25-basis-point rate hike, while investors are focused on guidance for clues about the future path of monetary policy. Risk sentiment also improved as oil prices eased amid hopes for de-escalation in the Middle East. BPER (+2.9%), Mediobanca (+3%), MPS (+2.6%), and Unipol (+4.7%) led gains in the financial sector. Utilities and luxury stocks also advanced, with Enel up 1.4% and Ferrari adding 0.9%. In contrast, Eni fell 1.6% on lower oil prices, while STMicroelectronics lost 5.9% as investors took profits following the recent rally in global technology shares.
2026-06-09
The FTSE MIB Index Closes 0.11% Higher
The FTSE MIB Index gained 55 points or 0.11 percent on Tuesday to close at 50263 points. Gains were led by Unipol Gruppo (4.40%), Mediobanca (3.10%) and Bper Banca (2.90%). Biggest losers were STMicroelectronics (-5.75%), Prysmian (-4.46%) and Tenaris (-3.09%).
2026-06-09
FTSE MIB Sets New Record High
The FTSE MIB climbed over 1% to around 50,700 on Tuesday, scaling a fresh record and outperforming its regional peers, propelled by strength in heavyweight financials as markets braced ahead of the European Central Bank’s monetary policy decision later this week. The central bank is widely expected to raise interest rates by 25 bps, while investors are also awaiting guidance for clues on the future path of monetary policy. Sentiment also improved as oil prices eased following commitments by Iran and Israel to scale back hostilities after a recent flare in violence. Leading gains in financials were UniCredit (+1.7%), Intesa Sanpaolo (+1.4%), Banco BPM (+2%), BPER Banca (+3.6%), Mediobanca (+1.3%), Unipol Gruppo (+4.6%), Poste Italiane (+3.2%) and FinecoBank (+1.5%).
2026-06-09