FTSE MIB Trades Flat
2026-11-13 09:00
By
Kyrie Dichosa
1 min. read
Milan’s FTSE MIB remained largely unchanged at around 51,800 on Friday, holding losses from the previous session, amid a subdued prospect of easing tensions in the Middle East.
In Italy, developments in banking consolidation weighed mixed on financials.
Banco BPM advanced 1.3% as investors assessed its board's decision to open discussions with Crédit Agricole over a proposed merger.
Unipol was little changed after reporting a 12.4% increase in nine-month net profit.
Generali falling 1.5% despite higher nine-month profits and reaffirming confidence in exceeding its 2025–2027 targets.
Defense Fincantieri plunged 4.2% despite raising its 2026 revenue guidance.
Enel slipped 1% as weaker domestic performance offset growth abroad.
Meanwhile, investors awaited S&P Global's review of Italy's BBB+ sovereign rating, which carries a positive outlook.
For the week, the benchmark index was on track to post its third consecutive weekly gain.