FTSE MIB Edges Higher

2026-09-28 07:45 By Kyrie Dichosa 1 min. read

The FTSE MIB edged above 51,900 on Monday, extending gains from the previous session, as markets appeared to overlook higher oil prices after US President Donald Trump rejected Iran’s latest offer to reopen the Strait of Hormuz.

Across the bourse, luxury and auto shares outperformed.

Stellantis advanced more than 2% after the US moved to ease fuel-economy requirements, reducing regulatory pressure to accelerate EV adoption and giving its Jeep and Ram brands more flexibility, while a partnership with China’s Momenta to develop advanced driver-assistance systems for Jeep and Peugeot added further support.

Ferrari also rose 1.5%, while luxury names Moncler and Brunello Cucinelli gained more than 1% each.

On the flipside, Telecom Italia fell 2.5% after Poste Italiane’s takeover offer reached 85.8% of TIM, below the 90% squeeze-out threshold but sufficient to proceed with the merger and delisting.



News Stream
FTSE MIB Edges Higher
The FTSE MIB edged above 51,900 on Monday, extending gains from the previous session, as markets appeared to overlook higher oil prices after US President Donald Trump rejected Iran’s latest offer to reopen the Strait of Hormuz. Across the bourse, luxury and auto shares outperformed. Stellantis advanced more than 2% after the US moved to ease fuel-economy requirements, reducing regulatory pressure to accelerate EV adoption and giving its Jeep and Ram brands more flexibility, while a partnership with China’s Momenta to develop advanced driver-assistance systems for Jeep and Peugeot added further support. Ferrari also rose 1.5%, while luxury names Moncler and Brunello Cucinelli gained more than 1% each. On the flipside, Telecom Italia fell 2.5% after Poste Italiane’s takeover offer reached 85.8% of TIM, below the 90% squeeze-out threshold but sufficient to proceed with the merger and delisting.
2026-09-28
The FTSE MIB Index Closes 0.63% Higher
The FTSE MIB Index gained 323 points or 0.63 percent on Friday to close at 51867 points. Gains were led by Technoprobe (3.32%), Avio (2.29%) and Bper Banca (2.06%). Biggest losers were Telecom Italia (-2.78%), Tenaris (-1.71%) and Amplifon (-1.25%).
2026-09-25
FTSE MIB Inches Higher
The FTSE MIB rose 0.6% to 51,867 on Friday, amid increasingly intertwined merger talks in Italy’s financial sector. UniCredit rose 2.2% after indicating it could buy branches from Banco BPM (1.1%) if Credit Agricole were to take over the lender, and similarly from MPS (1.3%) if Intesa’s (1%) takeover bid goes through. The news adds further complexity to Milan's banking game, as Unipol (0.7%) had been set to receive a large portion of MPS’s branches if Intesa’s bid succeeds, while MPS had launched counterbids for Banca Generali and Banco BPM. Tech stocks STMicroelectronics (0.5%), Technoprobe (2.2%) and Prysmian advanced, tracking upbeat sentiment across the sector. Energy stocks Eni (-1.2%), Tenaris (-1.9%) and Saipem (-0.3%) underperformed, however, tracking lower oil prices. Italy’s government is set to meet with refiners next month to discuss boosting production in an effort to lower fuel prices. It had previously extended its tax cuts on diesel through October.
2026-09-25