FTSE MIB Extends Gains

2026-10-12 16:11 By Larissa Caser 1 min. read

The FTSE MIB closed 0.6% higher at 50,035 on Monday, extending gains from the prior session amid gains across sectors.

Financials moved mostly higher ahead of further news on Milan's banking game.

MPS gained 1.4% ahead of an extraordinary board meeting to review the relaunch of Intesa’s takeover bid last week.

BPER (2.2%), Mediobanca (1.3%), Intesa (1.1%) and Generali (1.1%) also gained, while Unicredit traded near the flat line.

Inwit climbed 1.8% following reports that its largest shareholders were arranging financing for a potential take-private deal.

Luxury stocks also moved higher, with Campari leading the index at 3%.

On the downside, Stellantis fell 0.8% as its CEO rejected the idea of separating the group’s European and US brands.

The automaker is reviewing its strategy to better allocate spending across its brands, while its shares are down nearly 60% so far this year.

Technology stocks underperformed, led by Technoprobe (-2.5%), and STMicroelectronics (-2.1%).



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2026-10-12
FTSE MIB Extends Gains
The FTSE MIB closed 0.6% higher at 50,035 on Monday, extending gains from the prior session amid gains across sectors. Financials moved mostly higher ahead of further news on Milan's banking game. MPS gained 1.4% ahead of an extraordinary board meeting to review the relaunch of Intesa’s takeover bid last week. BPER (2.2%), Mediobanca (1.3%), Intesa (1.1%) and Generali (1.1%) also gained, while Unicredit traded near the flat line. Inwit climbed 1.8% following reports that its largest shareholders were arranging financing for a potential take-private deal. Luxury stocks also moved higher, with Campari leading the index at 3%. On the downside, Stellantis fell 0.8% as its CEO rejected the idea of separating the group’s European and US brands. The automaker is reviewing its strategy to better allocate spending across its brands, while its shares are down nearly 60% so far this year. Technology stocks underperformed, led by Technoprobe (-2.5%), and STMicroelectronics (-2.1%).
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