FTSE MIB Rises on US-Iran Peace Deal

2026-06-15 16:07 By Isabela Couto 1 min. read

The FTSE MIB gained 0.7% to close at a record 51,836 on Monday after the US and Iran reached a preliminary agreement to end the conflict.

The deal includes the lifting of the US blockade and the reopening of the Strait of Hormuz.

The agreement triggered a sharp drop in oil prices, easing inflation concerns and reducing pressure on central banks to tighten monetary policy.

Bond yields declined and the BTP-Bund spread narrowed.

Financial stocks posted gains, with Intesa Sanpaolo and Generali both rising 1.7%.

In the luxury sector, Ferrari added 4% as easing geopolitical tensions improved risk sentiment.

STMicroelectronics tracked the rally in US technology stocks, gaining 1%.

In contrast, Eni fell 4.7% on lower oil prices, while defense contractor Leonardo shed 2.8% as geopolitical risks receded.



News Stream
The FTSE MIB Index Closes 0.66% Higher
The FTSE MIB Index went up by 339 points or 0.66 percent on Monday to close at 51836 points. The rise was led by Ferrari NV (4.36%), Stellantis N.V. (3.58%) and Buzzi Unicem (3.46%). On the downside, the weakerst performers were Avio (-5.13%), Eni (-4.69%) and Leonardo SpA (-2.70%).
2026-06-15
FTSE MIB Rises on US-Iran Peace Deal
The FTSE MIB gained 0.7% to close at a record 51,836 on Monday after the US and Iran reached a preliminary agreement to end the conflict. The deal includes the lifting of the US blockade and the reopening of the Strait of Hormuz. The agreement triggered a sharp drop in oil prices, easing inflation concerns and reducing pressure on central banks to tighten monetary policy. Bond yields declined and the BTP-Bund spread narrowed. Financial stocks posted gains, with Intesa Sanpaolo and Generali both rising 1.7%. In the luxury sector, Ferrari added 4% as easing geopolitical tensions improved risk sentiment. STMicroelectronics tracked the rally in US technology stocks, gaining 1%. In contrast, Eni fell 4.7% on lower oil prices, while defense contractor Leonardo shed 2.8% as geopolitical risks receded.
2026-06-15
FTSE MIB Sets New Record
FTSE MIB jumped to 51,900 on Monday, hitting a record high as risk appetite was boosted after the US and Iran reached a preliminary agreement to end the war. The deal includes the removal of the US blockade and the reopening of the Strait of Hormuz, with a memorandum expected to be signed in Switzerland later this week. Still, investors remain cautious as key details are unclear and questions over Iran’s nuclear program persist. The agreement triggered a sharp drop in oil prices, easing inflation concerns and reducing pressure on central banks to tighten monetary policy. Across the bourse, gains were broad-based, with heavyweight financials extending a rally that began last week on bidding-war speculation surrounding Banca Monte dei Paschi di Siena. UniCredit gained 1.7%, alongside Intesa Sanpaolo (+1.5%), Assicurazioni Generali (+1.7%), Banco BPM (+1.4%), Mediobanca (+1.2%), and BPER Banca (+1.8%). Meanwhile, oil major Eni shed 4%.
2026-06-15