FTSE MIB Edges Higher
2026-07-20 07:58
By
Kyrie Dichosa
1 min. read
The FTSE MIB traded cautiously higher toward 52,000 on Monday, following losses from last week, as investors continued to monitor the escalating conflict in the Middle East.
The US carried out a ninth consecutive day of strikes on Iran, while Tehran retaliated with attacks on targets across the region.
Meanwhile, shipping through the Strait of Hormuz remained severely disrupted.
Across the bourse, industrial stocks led the gains, including Prysmian (+2.3%), Saipem (+2.3%), and Tenaris (+1.1%).
Heavyweight financials were also mostly higher, with UniCredit (+0.2%), Intesa Sanpaolo (+0.8%), Banco BPM (+0.5%), and Banca Monte dei Paschi di Siena (+1.0%) advancing.
On the other hand, the biggest laggards included Enel (-2.5%), Leonardo (-0.8%), Buzzi (-1.3%), and Telecom Italia (-0.9%).