Stocks in Italy Hit 26-year High

IT40 increased to an all-time high of 50114.00 Index Points. Over the past 4 weeks, Italy Stock Market Index (IT40) gained 5.04%, and in the last 12 months, it increased 25.23%.

The FTSE MIB climbed toward the 50,000 mark on Monday, reaching its highest level since early 2000, as expectations of a US–Iran agreement boosted market sentiment. This followed President Trump’s comments that talks were progressing constructively, along with his indication that the reopening of the Strait of Hormuz was largely agreed and could be announced soon, although the US blockade would remain in place until negotiations are finalized. The development pushed oil prices lower, easing some inflation concerns. Among early gainers were UniCredit (+2.5%), Intesa Sanpaolo (+1.8%), Enel (+1.0%), Ferrari (+1.8%), Stellantis (+2.2%), and Prysmian (+1.5%). Nexi also rose more than 3% after CDP Equity said it intends to increase its stake in the payments group to as much as 29.9%, reinforcing its position in a sector viewed as strategically important.

IT40 increased to 50059.00 Index Points, the highest since March 2000. Over the past 4 weeks, Italy Stock Market Index (IT40) gained 4.95%, and in the last 12 months, it increased 25.12%.