FTSE MIB Trades Little Changed

2026-08-12 08:03 By Kyrie Dichosa 1 min. read

The FTSE MIB traded flat to slightly higher on Wednesday, extending the subdued session from the previous day, as markets remained cautious over the prospects of a deal to reopen the Strait of Hormuz.

Markets also awaited the US CPI report, which could offer further insight into inflation trends and influence expectations for the Fed’s upcoming policy decisions.

Tech-related stocks led gains, with Prysmian advancing 2.6% amid a broader global tech rally, while STMicroelectronics gained 0.7%.

Another notable performer was Unipol, which added 1.1%, while Eni rose 0.2% after agreeing to take a 40% stake in Uruguay’s Off-6 oil and gas exploration block, with drilling of the first well scheduled for 2027.

On the downside, DiaSorin fell 3.7%, while luxury names such as Moncler and Brunello Cucinelli lost over 1% each.

On the data front, Italy’s annual inflation rate was revised up to 2.9% in July from a preliminary 2.8%, while monthly inflation was revised up to 0.3% from 0.2%.



News Stream
FTSE MIB Trades Little Changed
The FTSE MIB traded flat to slightly higher on Wednesday, extending the subdued session from the previous day, as markets remained cautious over the prospects of a deal to reopen the Strait of Hormuz. Markets also awaited the US CPI report, which could offer further insight into inflation trends and influence expectations for the Fed’s upcoming policy decisions. Tech-related stocks led gains, with Prysmian advancing 2.6% amid a broader global tech rally, while STMicroelectronics gained 0.7%. Another notable performer was Unipol, which added 1.1%, while Eni rose 0.2% after agreeing to take a 40% stake in Uruguay’s Off-6 oil and gas exploration block, with drilling of the first well scheduled for 2027. On the downside, DiaSorin fell 3.7%, while luxury names such as Moncler and Brunello Cucinelli lost over 1% each. On the data front, Italy’s annual inflation rate was revised up to 2.9% in July from a preliminary 2.8%, while monthly inflation was revised up to 0.3% from 0.2%.
2026-08-12
FTSE MIB Closes Flat
The FTSE MIB closed largely unchanged at 53,706 on Tuesday, as gains in energy and defense stocks offset losses in autos and utilities. Eni advanced 2% amid uncertainty surrounding conflicting statements over a potential Middle East peace agreement, while Saipem added 0.4%. Defense stocks also outperformed, led by Leonardo, which gained 0.7% after RBC analysts rated the stock “outperform”. Fincantieri rose 0.2%. Financials were mixed despite Morningstar DBRS reporting another solid set of first-half results from Italy’s largest banks. UniCredit (0.3%), BPER Banca (0.2%) and BMPS (0.2%) all advanced, while Banco BPM fell 0.9% and Intesa Sanpaolo lost 0.3%. On the downside, Stellantis fell 2.6% as intensifying competition from Chinese automakers weighed on sentiment, while the company’s backing of Leapmotor underscored the growing competitive pressure in overseas markets. Utilities extended losses from the previous session, led by Enel, which fell 0.9%.
2026-08-11
The FTSE MIB Index Closes 0.08% Higher
The FTSE MIB Index gained 42 points or 0.08 percent on Tuesday to close at 53706 points. Gains were led by Eni (2.01%), Prysmian (1.77%) and Azimut Holding (1.60%). Biggest losers were Stellantis N.V. (-2.13%), Enel (-0.91%) and Banco BPM SPA (-0.88%).
2026-08-11