FTSE MIB Rises Over 1%

2026-10-06 07:53 By Kyrie Dichosa 1 min. read

The FTSE MIB rose over 1% to around 51,300 on Tuesday, gaining for a third consecutive session, as a pause in the bond-market sell-off and lower oil prices offered some relief to markets.

Heavyweight financial stocks led the advance, with the sector remaining in focus amid ongoing M&A activity in the country’s banking sector.

Intesa rose 1.4%, while UniCredit gained 1.6%, BPER added 1.8% and MPS advanced 1.3%.

Technology-related shares also outperformed, led by STMicroelectronics, which jumped 2.3%, while Technoprobe and Prysmian gained 2.2% and 1.3%, respectively.

Utilities also advanced broadly, with Enel, Terna and Snam posting gains.

Recordati rose 1.5% after CVC and GBL raised their takeover bid for the drugmaker to €53 per share.

Meanwhile, Telecom Italia fell 1.5%, while Eni (-0.5%) and Leonardo (-0.5%) also declined.



News Stream
FTSE MIB Rises Over 1%
The FTSE MIB rose over 1% to around 51,300 on Tuesday, gaining for a third consecutive session, as a pause in the bond-market sell-off and lower oil prices offered some relief to markets. Heavyweight financial stocks led the advance, with the sector remaining in focus amid ongoing M&A activity in the country’s banking sector. Intesa rose 1.4%, while UniCredit gained 1.6%, BPER added 1.8% and MPS advanced 1.3%. Technology-related shares also outperformed, led by STMicroelectronics, which jumped 2.3%, while Technoprobe and Prysmian gained 2.2% and 1.3%, respectively. Utilities also advanced broadly, with Enel, Terna and Snam posting gains. Recordati rose 1.5% after CVC and GBL raised their takeover bid for the drugmaker to €53 per share. Meanwhile, Telecom Italia fell 1.5%, while Eni (-0.5%) and Leonardo (-0.5%) also declined.
2026-10-06
The FTSE MIB Index Closes 0.66% Higher
The FTSE MIB Index rose 335 points or 0.66 percent on Monday to close at 50818 points. Leading the gains are Tenaris (4.97%), Fincantieri (4.66%) and Amplifon (4.59%). Top losers were Mediobanca (-4.96%), Telecom Italia (-1.70%) and Prysmian (-1.56%).
2026-10-05
FTSE MIB Closes Higher
The FTSE MIB rose 0.7% to 50,818 on Monday, as Italian banking mergers remained in focus. Intesa Sanpaolo (1.6%) gained after MPS (0.8%)’s largest shareholder, Delfin Sarl, backed its takeover offer of the Tuscan lender and decided to tender its entire 17.6% stake of MPS, boosting Intesa's chances of closing one of Italy’s largest bank deals ever. The move came after Intesa threatened to withdraw its bid if MPS shareholders approved the rival takeover of Banco BPM (0.3%) and Generali’s (1.2%) Banca Generali, weakening the counterbid. Mediobanca plunged 5.1%, as it had been acquired by MPS. Unipol climbed 4%, as it will receive half of the Sienese bank and merge with BPER Banca (2.3%). Defense stocks climbed, as it becomes a booming industry in Europe with governments seeking to increase military spending in the face of intensifying threats from Russia. Fincantieri gained 4.5%, while Avio (3.2%) and Leonardo (1.9%) followed. Energy stocks also advanced, led by Tenaris (5.3%).
2026-10-05