FTSE MIB Declines

2026-09-08 08:08 By Kyrie Dichosa 1 min. read

The FTSE MIB fell to around 51,800 on Tuesday, approaching its lowest level since late July, as rising oil prices weighed on markets amid elevated tensions in the Middle East.

The developments fueled inflation concerns and strengthened expectations that central banks may need to keep interest rates higher, with the ECB widely expected to raise borrowing costs later this week.

Financial stocks were among the worst performers, with UniCredit falling 1.3% despite receiving ECB approval to use the Danish Compromise on its insurance holdings.

Its peers Assicurazioni Generali, Unipol Gruppo, Banca Mediolanum, and MPS also fell more than 1%.

Technology and utilities shares were also under pressure.

On the flipside, Poste Italiane rose 0.5% after raising its takeover bid for Telecom Italia, whose shares climbed nearly 3%.

Lottomatica also extended its rally after providing additional details on its planned merger with Spain’s Cirsa.

Energy giant Eni rose more than 1%.



News Stream
FTSE MIB Declines
The FTSE MIB fell to around 51,800 on Tuesday, approaching its lowest level since late July, as rising oil prices weighed on markets amid elevated tensions in the Middle East. The developments fueled inflation concerns and strengthened expectations that central banks may need to keep interest rates higher, with the ECB widely expected to raise borrowing costs later this week. Financial stocks were among the worst performers, with UniCredit falling 1.3% despite receiving ECB approval to use the Danish Compromise on its insurance holdings. Its peers Assicurazioni Generali, Unipol Gruppo, Banca Mediolanum, and MPS also fell more than 1%. Technology and utilities shares were also under pressure. On the flipside, Poste Italiane rose 0.5% after raising its takeover bid for Telecom Italia, whose shares climbed nearly 3%. Lottomatica also extended its rally after providing additional details on its planned merger with Spain’s Cirsa. Energy giant Eni rose more than 1%.
2026-09-08
The FTSE MIB Index Closes 0.25% Higher
The FTSE MIB Index went up by 129 points or 0.25 percent on Monday to close at 52230 points. The rise was led by Lottomatica (8.65%), STMicroelectronics (4.11%) and Avio (2.95%). On the downside, the weakerst performers were Telecom Italia (-3.12%), Poste Italiane (-2.38%) and Snam (-2.01%).
2026-09-07
FTSE MIB Inches Higher
The FTSE MIB edged up 0.3% to 52,230 on Monday amid several macroeconomic developments. Talks over contributions from banks and energy firms to help fill the government’s budget shortfall continued over the weekend. Energy stocks outperformed, tracking higher oil prices, led by Tenaris (1.1%). Heavyweight financials were mixed, while the banking game remained in focus ahead of Intesa’s shareholder meeting on Thursday to approve the capital increase for MPS’s takeover. Stellantis rose 0.4% while Canadian tariffs on US goods are set to take effect on Tuesday. Meanwhile, Italy recorded its hottest summer since 1950, pointing to increased demand for electricity used for cooling, although continued tensions in the Middle East threaten firms’ margins by pushing European gas prices higher. Snam fell 2.2%. Defense contractor Leonardo declined 0.5% after signing a production contract for the Brazilian army.
2026-09-07