FTSE MIB Starts the Week Higher

2026-08-03 07:30 By Kyrie Dichosa 1 min. read

The FTSE MIB rose to around 52,500 on the first trading day of August, moving back toward record levels, as sentiment improved after US President Donald Trump announced that negotiations with Iran would resume following his decision to call off a planned attack on the country.

The development sent oil prices lower, easing concerns over inflation and higher interest rates.

In corporate news, Prysmian edged up 0.2% after announcing an all-cash deal to acquire electrical manufacturing company Atkore Inc. Across the bourse, financial stocks led the gains, including Unicredit (+1.8%), Intesa Sanpaolo (+1.1%), Banco BPM (+1.7%), Unipol Gruppo (+1.5%), and BPER Banca (+1.5%).

Automakers and luxury stocks also advanced, with Ferrari (+2.4%), Stellantis (+3.5%), Moncler (+0.7%), and Brunello Cucinelli (+1.7%) posting gains.

On the other hand, oil major Eni fell more than 2%.



News Stream
FTSE MIB Starts the Week Higher
The FTSE MIB rose to around 52,500 on the first trading day of August, moving back toward record levels, as sentiment improved after US President Donald Trump announced that negotiations with Iran would resume following his decision to call off a planned attack on the country. The development sent oil prices lower, easing concerns over inflation and higher interest rates. In corporate news, Prysmian edged up 0.2% after announcing an all-cash deal to acquire electrical manufacturing company Atkore Inc. Across the bourse, financial stocks led the gains, including Unicredit (+1.8%), Intesa Sanpaolo (+1.1%), Banco BPM (+1.7%), Unipol Gruppo (+1.5%), and BPER Banca (+1.5%). Automakers and luxury stocks also advanced, with Ferrari (+2.4%), Stellantis (+3.5%), Moncler (+0.7%), and Brunello Cucinelli (+1.7%) posting gains. On the other hand, oil major Eni fell more than 2%.
2026-08-03
The FTSE MIB Index Closes 0.13% Higher
The FTSE MIB Index gained 68 points or 0.13 percent on Friday to close at 52173 points. Gains were led by Amplifon (8.19%), Diasorin (4.21%) and Brunello Cucinelli (3.51%). Biggest losers were Snam (-2.33%), Stellantis N.V. (-1.72%) and Italgas (-1.58%).
2026-07-31
FTSE MIB Closes Little Changed
The FTSE MIB closed little changed at 52,173 on Friday, as concerns over rising European gas prices weighed on utilities and offset support from upbeat corporate earnings. Amplifon surged 8.1% after posting stronger-than-expected results, supported by a wave of positive analyst reviews, including an Outperform rating from Intermonte, a Buy recommendation from Citi, and higher revenue forecasts from Mediobanca. Diasorin (4.2%) and Brunello Cucinelli (3%) also advanced, while banking stocks extended recent gains, led by Banca Mediolanum (1.7%). On the downside, utility shares came under pressure as European gas prices continued to climb. Italy became Europe's largest LNG importer in July as traders took advantage of government incentives to secure cargoes despite soaring prices, fueling concerns over prolonged tensions in the Middle East. Snam and Italgas both lost more than 1.5%. In turn, Stellantis fell 2% after recalling over 1.5 million vehicles worldwide due to a seat belt defect.
2026-07-31