FTSE MIB Trades Higher

The FTSE MIB rose to around 48,800 on Tuesday, recouping some losses from the previous session, as investors assessed the prospects of a US–Iran deal. This comes after President Donald Trump delayed a planned strike on Iran following requests from Gulf Arab states, prompting oil prices to ease and reducing pressure on markets. Bond yields also retreated, helping heavyweight financials regain momentum, including Mediobanca (+2.1%), Bper Banca (+1.3%), Unipol Gruppo (+1.3%), FinecoBank (+1.2%), and Banca Monte dei Paschi di Siena (+2.2%). Meanwhile, Eni fell 0.7% after news that it is considering the deployment of a third floating liquefied natural gas (FLNG) platform offshore Mozambique, while Stellantis rose 1.1% after announcing it will begin producing a new line of electric vehicles aimed at the small, affordable car segment in Europe.

The FTSE MIB Index fell 447 points or 0.91 percent on Monday to close at 48669 points. Leading the losses are Banca Monte dei Paschi di Siena (-7.89%), Infrastrutture Wire (-6.05%) and Nexi (-5.49%). Top gainers were Eni (2.04%), Telecom Italia (1.75%) and Mediobanca (1.61%).

The FTSE MIB fell 0.9% to close at 48,669 on Monday, extending losses from the previous session amid broader risk-off sentiment across global markets. Investors remained focused on escalating Middle East tensions, with no clear signs of de-escalation as US President Donald Trump maintained a hardline stance toward Iran. The developments fueled inflation concerns and pushed bond yields higher. Heavyweight financial stocks led losses, including Intesa Sanpaolo (-2.5%), Generali (-2.8%), BPER Banca (-5.4%), and MPS (-7.9%). Deutsche Bank downgraded BPER Banca to “hold” from “buy,” while raising its target price for MPS and maintaining a “buy” rating. Luxury stocks also weakened amid higher risk aversion, with Ferrari and Moncler both down 0.9%. In contrast, Eni gained 2% on higher oil prices and Leonardo rose 1.9% as geopolitical tensions boosted defense-related shares.