FTSE MIB Moves Higher

2026-09-16 08:00 By Kyrie Dichosa 1 min. read

The FTSE MIB rose to around 51,800 on Wednesday after being nearly unchanged in the previous session, as a pause in the oil price rally and lower global bond yields eased pressure on markets.

Investors now turned their attention to the Federal Reserve’s policy decision later today, with a 25-basis-point rate hike already fully priced in.

At the sector level, technology shares outperformed, with STMicroelectronics and Prysmian each advancing nearly 2%.

Banking stocks were also mostly in the green, including UniCredit (+1.3%), Mediobanca (+0.8%), Banco BPM (+0.8%), BPER Banca (+1.2%), and Banca Mediolanum (+0.4%).

On the downside, oil major Eni declined 0.3%, while auto shares Ferrari and Stellantis fell 0.8% and 1.8%, respectively.

On the data front, Italian annual inflation was confirmed at 3.3% in August, the highest level since September 2023.



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