FTSE MIB Extends Losses

2026-09-09 07:59 By Kyrie Dichosa 1 min. read

The FTSE MIB fell to around 51,900 on Wednesday, extending losses from the previous session and hitting a one-week low, as rising oil prices continued to weigh on markets.

Brent crude surged to $100 per barrel as US-Iran tensions intensified, raising inflation concerns and increasing pressure on central banks to maintain or further tighten restrictive monetary policy.

Financial stocks were among the worst performers, with notable declines in UniCredit (-2%), Banca Mediolanum (-2.1%), Intesa Sanpaolo (-0.9%), BPER Banca (-1.4%), and Unipol Gruppo (-1.2%).

Shares of Monte dei Paschi (-0.6%) also came under pressure as documents for its bids for Banca Generali and Banco BPM are set to be submitted to market watchdog Consob between Wednesday and Thursday.

On the flipside, oil major Eni rose more than 1%, while auto stocks Ferrari and Stellantis gained 1.9% and 0.7%, respectively.



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FTSE MIB Extends Losses
The FTSE MIB fell to around 51,900 on Wednesday, extending losses from the previous session and hitting a one-week low, as rising oil prices continued to weigh on markets. Brent crude surged to $100 per barrel as US-Iran tensions intensified, raising inflation concerns and increasing pressure on central banks to maintain or further tighten restrictive monetary policy. Financial stocks were among the worst performers, with notable declines in UniCredit (-2%), Banca Mediolanum (-2.1%), Intesa Sanpaolo (-0.9%), BPER Banca (-1.4%), and Unipol Gruppo (-1.2%). Shares of Monte dei Paschi (-0.6%) also came under pressure as documents for its bids for Banca Generali and Banco BPM are set to be submitted to market watchdog Consob between Wednesday and Thursday. On the flipside, oil major Eni rose more than 1%, while auto stocks Ferrari and Stellantis gained 1.9% and 0.7%, respectively.
2026-09-09
FTSE MIB Edges Lower
The FTSE MIB fell 0.1% to 52,178 on Tuesday, as investors focused on developments across sectors. Stellantis fell 3.2% as Canadian tariffs on US goods took effect, although the EU and Canada are reportedly working toward a broader relationship spanning trade and security, with plans to be announced next week. Poste Italiane (0.5%) upgraded its takeover offer for Telecom Italia (2.9%), while Inwit (3.1%) also advanced. Energy stocks outperformed, tracking higher oil prices, while Eni gained 1.2% after signing an agreement with Malaysia’s Petronas to develop bio-gasoline for motorsport racing. Defense stocks also advanced after Italy and Greece signed an agreement for two FREMM frigates, with Fincantieri (2.1%) to play a leading role. Leonardo’s (0.9%) joint venture also signed an agreement with Madrid. Avio rose 1.8%. Heavyweight financials remained mixed, while UniCredit (0.3%) obtained ECB authorization to apply lighter capital rules to its insurance holdings.
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The FTSE MIB Index Closes 0.10% Lower
The FTSE MIB Index dropped 52 points or 0.10 percent on Tuesday to close at 52177 points. Losses were led by STMicroelectronics (-3.57%), Stellantis N.V. (-3.12%) and Ferrari NV (-2.19%). Offsetting the fall, top gainers were Infrastrutture Wire (2.88%), Telecom Italia (2.66%) and Prysmian (2.61%).
2026-09-08