FTSE MIB Extends Record Rally

2026-06-19 07:58 By Kyrie Dichosa 1 min. read

The FTSE MIB climbed past the 53,000 level on Friday, extending its record-breaking rally and remaining on track for a second weekly advance.

Market attention remained on developments in the Middle East, as fresh uncertainty emerged after planned follow-up talks in Switzerland were cancelled, highlighting the difficulties in translating the agreement into a lasting peace settlement.

This pushed oil prices modestly higher and supported a rebound in energy-related stocks, including Eni (+1.7%), Tenaris (+1.6%), and defence stock Leonardo (+2.5%).

Auto stocks also advanced, with Ferrari (+0.9%) and Stellantis (+1.7%) gaining.

Elsewhere, Prysmian climbed more than 4%, while Poste Italiane rose over 2%.

On the downside, losses were seen in Infrastrutture Wireless (-1.2%) and Avio (-1.2%).



News Stream
FTSE MIB Extends Record Rally
The FTSE MIB climbed past the 53,000 level on Friday, extending its record-breaking rally and remaining on track for a second weekly advance. Market attention remained on developments in the Middle East, as fresh uncertainty emerged after planned follow-up talks in Switzerland were cancelled, highlighting the difficulties in translating the agreement into a lasting peace settlement. This pushed oil prices modestly higher and supported a rebound in energy-related stocks, including Eni (+1.7%), Tenaris (+1.6%), and defence stock Leonardo (+2.5%). Auto stocks also advanced, with Ferrari (+0.9%) and Stellantis (+1.7%) gaining. Elsewhere, Prysmian climbed more than 4%, while Poste Italiane rose over 2%. On the downside, losses were seen in Infrastrutture Wireless (-1.2%) and Avio (-1.2%).
2026-06-19
The FTSE MIB Index Closes 0.18% Higher
The FTSE MIB Index went up by 93 points or 0.18 percent on Thursday to close at 52688 points. The rise was led by STMicroelectronics (4.16%), Prysmian (2.48%) and Banco BPM SPA (2.00%). On the downside, the weakerst performers were Saipem (-7.04%), Tenaris (-4.08%) and Eni (-3.16%).
2026-06-18
FTSE MIB Edges Up on US-Iran Peace Deal
The FTSE MIB rose 0.2% to close at 52,688 on Thursday, extending its record rally on optimism surrounding the interim US-Iran peace agreement. The two countries signed a tentative deal extending the ceasefire by 60 days to allow negotiations on a final agreement. The deal aims the full reopening of the Strait of Hormuz and the easing of shipping restrictions, pushing oil prices lower and reducing concerns over a new wave of global inflation and prolonged high interest rates. Financial stocks traded mixed, with UniCredit up 1.6% and Intesa Sanpaolo gaining 0.9%, while Generali slipped 0.3%, Mediolanum lost 0.7%, and Unipol fell 1.6%. The Fed kept rates unchanged on Wednesday but signaled that further hikes remain possible to curb inflation. Meanwhile, STMicroelectronics jumped 4.2%, tracking gains among semiconductor producers on Wall Street and following its $1.5 billion convertible bond sale announced on Wednesday. Eni fell 3.3% on lower oil quotes.
2026-06-18