FTSE MIB Moves Higher

2026-08-25 08:13 By Kyrie Dichosa 1 min. read

The FTSE MIB rose to around 52,800 on Tuesday, bouncing off a three-week low, as tech stocks stabilized helping improve risk sentiment.

Investors awaited Nvidia’s earnings later this week for clues on the durability of the AI-driven rally, while monitoring US-Iran tensions.

Prysmian led gains, advancing more than 3%, while STMicroelectronics gained nearly 1%.

Other notable gainers included Tenaris (+2.7%), Saipem (+1.7%), and Lottomatica (+1.3%).

Financial stocks also advanced amid developments in Italy’s banking consolidation.

Intesa Sanpaolo rose 1.0% ahead of a shareholder vote on its capital increase to fund the MPS bid, while MPS gained 0.6% as Banco BPM’s board considered its takeover offer.

Banco BPM rose 0.8%, although the board was reportedly unlikely to decide Tuesday and could continue talks with MPS.

Generali added 0.5% ahead of a Thursday board meeting to assess MPS’s offer for Banca Generali, while Mediobanca gained 0.8%.



News Stream
FTSE MIB Moves Higher
The FTSE MIB rose to around 52,800 on Tuesday, bouncing off a three-week low, as tech stocks stabilized helping improve risk sentiment. Investors awaited Nvidia’s earnings later this week for clues on the durability of the AI-driven rally, while monitoring US-Iran tensions. Prysmian led gains, advancing more than 3%, while STMicroelectronics gained nearly 1%. Other notable gainers included Tenaris (+2.7%), Saipem (+1.7%), and Lottomatica (+1.3%). Financial stocks also advanced amid developments in Italy’s banking consolidation. Intesa Sanpaolo rose 1.0% ahead of a shareholder vote on its capital increase to fund the MPS bid, while MPS gained 0.6% as Banco BPM’s board considered its takeover offer. Banco BPM rose 0.8%, although the board was reportedly unlikely to decide Tuesday and could continue talks with MPS. Generali added 0.5% ahead of a Thursday board meeting to assess MPS’s offer for Banca Generali, while Mediobanca gained 0.8%.
2026-08-25
The FTSE MIB Index Closes 0.24% Lower
The FTSE MIB Index decreased 126 points or 0.24 percent on Monday to close at 52542 points. The decline was led by Prysmian (-4.76%), Avio (-4.73%) and Stellantis N.V. (-4.50%). On the upside, the strongest performers were Nexi (4.68%), Moncler (2.10%) and Infrastrutture Wire (1.78%).
2026-08-24
FTSE MIB Edges Lower
The FTSE MIB edged down 0.2% to 52,542 on Monday, as macroeconomic developments weighed on the index. US Treasury Secretary Scott Bessent is set to outline details of the latest US pressure campaign against Iran, while the US President has threatened sanctions on Iran’s trading partners. Meanwhile, six EU countries proposed discussions in September on a mechanism to tax oil companies’ windfall profits, weighing on Eni (-2.5%). The collapse of the US-Canada trade deal also pressured Stellantis (-4.8%), after Washington pledged to double tariffs on Canadian vehicles and parts from January 2027. Prysmian (-5.2%) and STMicroelectronics (-2%) fell ahead of Nvidia’s earnings. Banks mostly advanced, with MPS's (0.4%) bid remaining in focus, while Banco BPM (-2.3%) declined ahead of a meeting tomorrow to discuss MPS’s offer. Utilities also outperformed, led by A2A (0.8%), while TotalEnergies is considering projects in Norway that could potentially increase Europe's natural gas supply.
2026-08-24