FTSE MIB Ticks Lower
2026-05-21 07:53
By
Kyrie Dichosa
1 min. read
The FTSE MIB edged lower to around 49,000 on Thursday, following a gain of over 1% in the previous session, as markets remained focused on developments in the Middle East amid continued diplomatic uncertainty between Washington and Tehran.
Investors also continued to digest fresh corporate earnings, with Assicurazioni Generali reporting a decline in first-quarter net profit after market volatility weighed on the value of its investments, despite posting top-line growth.
The stock gained more than 2%.
Other notable gainers included Davide Campari-Milano (+1%), and auto shares such as Ferrari (+1.8%), and Stellantis (+0.8%).
On the downside, top laggards were heavyweight financials, including UniCredit (-1.6%), Intesa Sanpaolo (-1.1%), Banco BPM (-0.7%), BPER Banca (-0.8%), and FinecoBank (-1.4%).
STMicroelectronics also fell 0.4%, tracking declines in global tech peers after Nvidia’s earnings failed to impress investors despite beating market estimates.