FTSE MIB Rises Ahead of ECB Decision

2026-09-10 07:56 By Kyrie Dichosa 1 min. read

The FTSE MIB rose to around 52,000 on Thursday, recouping losses from the previous session, as markets focused on the ECB’s monetary policy decision later in the day.

The central bank is widely expected to raise rates by 25bps, with attention turning to ECB President Christine Lagarde’s guidance on the policy outlook.

Markets will particularly watch for signals on whether further rate hikes may be warranted as rising oil prices add to inflationary pressures.

Utility stocks outperformed as European gas prices remained around a three-year high.

Snam rose nearly 2%, while its peers Enel, Italgas, Terna, A2A and Hera rose between 0.2% and 1.3%.

Financial stocks were also mostly in the green, including UniCredit (+0.6%), Intesa Sanpaolo (+0.9%), Unipol Gruppo (+0.6%), Banca Mediolanum (+0.7%), and MPS (+0.9%).



News Stream
FTSE MIB Rises Ahead of ECB Decision
The FTSE MIB rose to around 52,000 on Thursday, recouping losses from the previous session, as markets focused on the ECB’s monetary policy decision later in the day. The central bank is widely expected to raise rates by 25bps, with attention turning to ECB President Christine Lagarde’s guidance on the policy outlook. Markets will particularly watch for signals on whether further rate hikes may be warranted as rising oil prices add to inflationary pressures. Utility stocks outperformed as European gas prices remained around a three-year high. Snam rose nearly 2%, while its peers Enel, Italgas, Terna, A2A and Hera rose between 0.2% and 1.3%. Financial stocks were also mostly in the green, including UniCredit (+0.6%), Intesa Sanpaolo (+0.9%), Unipol Gruppo (+0.6%), Banca Mediolanum (+0.7%), and MPS (+0.9%).
2026-09-10
The FTSE MIB Index Closes 0.58% Lower
The FTSE MIB Index fell 302 points or 0.58 percent on Wednesday to close at 51875 points. Leading the losses are Leonardo SpA (-3.75%), Fincantieri (-3.61%) and Poste Italiane (-2.79%). Top gainers were Eni (1.91%), Diasorin (0.52%) and Recordati (0.29%).
2026-09-09
FTSE MIB Falls Ahead of ECB Rate Decision
The FTSE MIB fell 0.5% to 51,875 on Wednesday ahead of ECB's meeting tomorrow, which could weigh on credit demand for investment in defense, AI and energy transition. Heavyweight financials declined as eurozone sovereign yields rose to multi-year highs while markets widely expect a rate hike by the ECB, weighing on the bank's balance sheets. Adding to the pressure, talk of taxing banks' profits intensified as governments seek aid for budget deficits. Asset managers were also affected, with Azimut and Banca Mediolanum falling over 1.5%. Defense stocks Leonardo (-4%) and Fincantieri (-3.6%) led losses on the index. STMicroelectronics fell 1.1%. Stellantis declined 2.2%, as China's growing electric-truck market pressures Western manufactures. Luxury stocks also declined amid weak demand from China and lower spending due to the war in the Middle East. Attacks intensified in the region, lifting brent prices above $100. Conversely, energy stocks outperformed.
2026-09-09