FTSE MIB Inches Higher

2026-08-25 16:00 By Larissa Caser 1 min. read

The FTSE MIB edged up 0.3% to 52,720 on Tuesday, as banking mergers remained in focus while sentiment toward AI overspending improved.

Prysmian (2.9%) and STMicroelectronics (0.8%) rebounded amid renewed optimism and ahead of Nvidia’s earnings.

Stellantis added 1.4% as Canada imposed retaliatory tariffs on several US goods.

Banking consolidation remained in focus, with Banco BPM’s (-0.5%) board reaching a unanimous decision regarding the aquisition offer from Banca MPS (0.5%), although a formal statement was still awaited.

Intesa Sanpaolo (0.3%) will decide on approval for a capital increase to finance its takeover bid for MPS in September, while the Italian state said it would not sell its 4.8% stake on MPS.

The Generali (0.5%) board is also expected to meet on Thursday.

Luxury stocks underperformed amid profit-taking across the sector, with Moncler falling 2.2%.

Eni (-1.2%) remained under pressure as Italy considers a tax on windfall energy profits.



News Stream
The FTSE MIB Index Closes 0.34% Higher
The FTSE MIB Index gained 178 points or 0.34 percent on Tuesday to close at 52720 points. Gains were led by Tenaris (3.54%), Prysmian (2.68%) and Infrastrutture Wire (2.24%). Biggest losers were Moncler (-1.91%), Brunello Cucinelli (-1.89%) and Davide Campari-Milano (-1.21%).
2026-08-25
FTSE MIB Inches Higher
The FTSE MIB edged up 0.3% to 52,720 on Tuesday, as banking mergers remained in focus while sentiment toward AI overspending improved. Prysmian (2.9%) and STMicroelectronics (0.8%) rebounded amid renewed optimism and ahead of Nvidia’s earnings. Stellantis added 1.4% as Canada imposed retaliatory tariffs on several US goods. Banking consolidation remained in focus, with Banco BPM’s (-0.5%) board reaching a unanimous decision regarding the aquisition offer from Banca MPS (0.5%), although a formal statement was still awaited. Intesa Sanpaolo (0.3%) will decide on approval for a capital increase to finance its takeover bid for MPS in September, while the Italian state said it would not sell its 4.8% stake on MPS. The Generali (0.5%) board is also expected to meet on Thursday. Luxury stocks underperformed amid profit-taking across the sector, with Moncler falling 2.2%. Eni (-1.2%) remained under pressure as Italy considers a tax on windfall energy profits.
2026-08-25
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