FTSE MIB Climbs to Fresh Record

2026-08-04 08:00 By Kyrie Dichosa 1 min. read

The FTSE MIB climbed to around 53,400 on Tuesday, hitting a fresh record high and tracking gains across its European peers as global risk appetite improved.

Investors also continued to await the latest corporate earnings while monitoring developments in the Middle East after mixed signals from the US and Iran over the prospects for peace negotiations.

Gains were broad-based across the bourse, with technology shares drawing support as the recent selloff in semiconductor and other AI-related stocks showed signs of fading.

STMicroelectronics and Prysmian each rose more than 2%.

Heavyweight financials also traded firmly higher, including UniCredit (+1.4%), Banca Mediolanum (+1.0%), BPER Banca (+1.3%), Banca Monte dei Paschi di Siena (+1.1%), and FinecoBank (+1.8%).

Defense stocks also posted solid gains.

On the data front, Italy's retail sales rose 3.1% year-on-year in June, accelerating from a 2.2% increase in May.



News Stream
FTSE MIB Climbs to Fresh Record
The FTSE MIB climbed to around 53,400 on Tuesday, hitting a fresh record high and tracking gains across its European peers as global risk appetite improved. Investors also continued to await the latest corporate earnings while monitoring developments in the Middle East after mixed signals from the US and Iran over the prospects for peace negotiations. Gains were broad-based across the bourse, with technology shares drawing support as the recent selloff in semiconductor and other AI-related stocks showed signs of fading. STMicroelectronics and Prysmian each rose more than 2%. Heavyweight financials also traded firmly higher, including UniCredit (+1.4%), Banca Mediolanum (+1.0%), BPER Banca (+1.3%), Banca Monte dei Paschi di Siena (+1.1%), and FinecoBank (+1.8%). Defense stocks also posted solid gains. On the data front, Italy's retail sales rose 3.1% year-on-year in June, accelerating from a 2.2% increase in May.
2026-08-04
The FTSE MIB Index Closes 1.34% Higher
The FTSE MIB Index went up by 699 points or 1.34 percent on Monday to close at 52872 points. The rise was led by Brunello Cucinelli (5.30%), Diasorin (4.59%) and Avio (4.34%).
2026-08-03
FTSE MIB Closes Sharply Higher
The FTSE MIB rose 1.3% to 52,871 on Monday, supported by improved investor sentiment on utilities and banking stocks. Financials outperformed after reports that the proposed merger of equals between BMPS (0%) and Banco BPM (2.4%) had stalled, paving the way for Intesa Sanpaolo (2.3%) to pursue the Siena-based lender. If completed, the deal would make Intesa Eurozone's second-largest bank, with the lender targeting shareholder approval for its capital increase by September and completion by year-end. Likewise, UniCredit gained 3%. Utilities also rebounded as European natural gas prices eased on hopes of de-escalating tensions in the Middle East, with Hera rising 1.8%. Meanwhile, Brunello Cucinelli (5%), Diasorin (4.6%) and Avio (4.3%) also posted strong gains. On the downside, Eni slipped 1.2%, tracking lower oil prices. Prysmian fell 0.7% after announcing its mostly debt-funded acquisition of US-based Atkore.
2026-08-03