The FTSE MIB added 0.4% to close at 50,037 on Friday, supported by optimism over an extended ceasefire agreement between the US and Iran, although US President Donald Trump has yet to formally approve the deal. The development pushed oil prices lower, weighing on bond yields and supporting financials and the broader index. UniCredit gained 1.8%, while Intesa Sanpaolo and Generali added 1%. Luxury stocks also traded higher amid improved risk appetite, with Ferrari up 0.5% and Moncler advancing 0.9%. Other notable gainers included Poste Italiane (+1.4%) and TIM (+1.2%). In contrast, energy-related stocks retreated on lower oil prices, with Eni down 0.5% and Prysmian losing 1.5%. On the data front, the Italian headline inflation rate rose to 3.2% in May from 2.7% in April, aligning with forecasts. The unemployment rate edged down to 5.1% in April, below expectations of 5.3%. GDP expanded by 0.8% from the previous year in the first quarter of 2026, revised from estimates of 0.7%.
Italy's main stock market index, the IT40, rose to 49892 points on May 29, 2026, gaining 0.26% from the previous session. Over the past month, the index has climbed 3.41% and is up 24.46% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Italy. Historically, the Italy Stock Market Index (IT40) reached an all time high of 50337.05 in May of 2026. Italy Stock Market Index (IT40) - data, forecasts, historical chart - was last updated on May 30 of 2026.
Italy's main stock market index, the IT40, rose to 49892 points on May 29, 2026, gaining 0.26% from the previous session. Over the past month, the index has climbed 3.41% and is up 24.46% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Italy. The Italy Stock Market Index (IT40) is expected to trade at 48961.18 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 44505.41 in 12 months time.