FTSE MIB Approaches 4-Month Low

2026-10-15 07:51 By Kyrie Dichosa 1 min. read

The FTSE MIB fell to around 49,600 on Thursday, moving close to the four-month low touched earlier this month, led by sharp losses in technology shares.

STMicroelectronics plunged 7.5%, while Prysmian dropped 7.2%, as a global selloff in technology stocks, fueled by hotter-than-expected US inflation data and concerns over higher borrowing costs, weighed on sentiment toward AI-related investments.

On the flip side, utilities advanced, helping limit the index's losses, with Hera rising 1.9%, Snam gaining 1.8%, Terna adding 1.5% and Enel climbing 1.3%.

Financial stocks also provided support, led by FinecoBank, up 1.5%, and Assicurazioni Generali, up 1.3%, while Telecom Italia gained 0.9%.

Meanwhile, investors continued to monitor geopolitical developments and corporate earnings worldwide.



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FTSE MIB Approaches 4-Month Low
The FTSE MIB fell to around 49,600 on Thursday, moving close to the four-month low touched earlier this month, led by sharp losses in technology shares. STMicroelectronics plunged 7.5%, while Prysmian dropped 7.2%, as a global selloff in technology stocks, fueled by hotter-than-expected US inflation data and concerns over higher borrowing costs, weighed on sentiment toward AI-related investments. On the flip side, utilities advanced, helping limit the index's losses, with Hera rising 1.9%, Snam gaining 1.8%, Terna adding 1.5% and Enel climbing 1.3%. Financial stocks also provided support, led by FinecoBank, up 1.5%, and Assicurazioni Generali, up 1.3%, while Telecom Italia gained 0.9%. Meanwhile, investors continued to monitor geopolitical developments and corporate earnings worldwide.
2026-10-15
The FTSE MIB Index Closes 0.61% Lower
The FTSE MIB Index decreased 303 points or 0.61 percent on Wednesday to close at 49754 points. The decline was led by Prysmian (-5.14%), Amplifon (-2.38%) and Bper Banca (-1.97%). On the upside, the strongest performers were Avio (5.34%), Davide Campari-Milano (2.92%) and Italgas (2.24%).
2026-10-14
FTSE MIB Edges Lower
The FTSE MIB closed 0.6% lower at 49,754 on Wednesday, pressured by heavyweight financials and tech stocks. Sovereign yields climbed after stronger-than-expected US inflation, driven by higher energy prices, fuelled uncertainty over a potential Fed rate hike in October. In Europe, ECB President Lagarde noted no signs of second-round effects from higher energy prices, while markets continue to expect a rate hike in December. BPER Banca led financial losses, falling 2%, while Banco BPM fell 1.6%. AI-related stocks also declined as higher-for-longer rates threaten to raise borrowing costs for the sector’s already elevated AI buildout. Prysmian dropped 5.5%, while STMicroelectronics fell 1.8%. Utilities outperformed as Italy moved closer to an EU agreement on a mechanism to lower gas prices, with Italgas gaining 2.2% and A2A rising 1.2%. Defense Avio surged 5.3%, leading the index, after signing an agreement with Lockheed Martin to produce solid rocket motors in Virginia.
2026-10-14