FTSE MIB Edges Higher

2026-08-26 07:56 By Kyrie Dichosa 1 min. read

The FTSE MIB edged higher to around 52,700 on Wednesday, loosely extending gains from the previous session, as falling oil prices pushed bond yields lower on optimism that energy flows could resume through the Strait of Hormuz after Iran and Oman discussed an interim framework.

Oil major Eni declined more than 1%, tracking falling crude prices.

Meanwhile, tech stocks Prysmian (+0.5%) and STMicroelectronics (+0.1%) edged higher ahead of Nvidia’s earnings, which could offer fresh signals on the AI boom.

Financial stocks were also mostly in the green, including Banca MPS (+0.2%), Banco BPM (+0.4%), Mediobanca (+0.3%), Intesa Sanpaolo (+0.3%), and Generali (+0.6%), as markets continued to track the ongoing banking consolidation.

Other notable gainers included luxury names Moncler and Brunello Cucinelli, both up more than 1%.



News Stream
FTSE MIB Edges Higher
The FTSE MIB edged higher to around 52,700 on Wednesday, loosely extending gains from the previous session, as falling oil prices pushed bond yields lower on optimism that energy flows could resume through the Strait of Hormuz after Iran and Oman discussed an interim framework. Oil major Eni declined more than 1%, tracking falling crude prices. Meanwhile, tech stocks Prysmian (+0.5%) and STMicroelectronics (+0.1%) edged higher ahead of Nvidia’s earnings, which could offer fresh signals on the AI boom. Financial stocks were also mostly in the green, including Banca MPS (+0.2%), Banco BPM (+0.4%), Mediobanca (+0.3%), Intesa Sanpaolo (+0.3%), and Generali (+0.6%), as markets continued to track the ongoing banking consolidation. Other notable gainers included luxury names Moncler and Brunello Cucinelli, both up more than 1%.
2026-08-26
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