FTSE MIB Declines
2026-05-26 07:49
By
Kyrie Dichosa
1 min. read
Italy’s FTSE MIB fell to around 50,000 on Tuesday, after hitting a fresh record in the previous session, as optimism over a US–Iran deal was tempered by signs of setbacks in negotiations and continued mixed signals from both sides.
Tensions rose following reported military strikes in the region, described by US forces as “self-defense” operations.
The developments came shortly after comments from President Trump suggesting progress in talks with Tehran on a potential interim agreement.
The renewed uncertainty adds upward pressure to oil prices.
Across the bourse, the leading decliner was Ferrari, which shed nearly 6% shortly after the launch of its first fully electric vehicle.
Other notable laggards included luxury names Moncler and Brunello Cucinelli, down 1.9% and 2.6% respectively.
Generali also fell 0.9% after unveiling Redion, the group’s new global care platform brand.