FTSE MIB Set for Weekly Gain
2026-05-22 08:13
By
Judith Sib-at
1 min. read
The FTSE MIB rose 0.4% to around 49,340 on Friday and is on track for a weekly gain, amid optimism over a US–Iran peace deal.
US Secretary of State Marco Rubio noted there were some encouraging signs toward a potential agreement, while Iranian officials also acknowledged that the gaps between the two sides have narrowed.
Shares of Stellantis climbed 2.5%, rebounding from a decline in the previous day when the company unveiled its €60 billion FaSTLAne 2030 strategic plan.
STMicroelectronics advanced 2.9%, UniCredit gained 1.1%, Prysmian rose 1.3%, and Avio increased 1.9%.
These gains offset declines in Eni (-0.9%), Saipem (-1.2%), Lottomatica (-1.9%), and Amplifon (-1.8%).
The FTSE MIB is up around 0.6% so far this week.