Bullish
FTSE MIB rises 0.8% to 51,969; technology stocks lead gains.
The FTSE MIB increased by 0.8% to 51,969 on September 16, 2026, driven by gains in technology and banking sectors. Investors are awaiting the Federal Reserve's policy decision, with a 25-basis-point rate hike anticipated. Italian annual inflation was confirmed at 3.3% in August, the highest since September 2023.
Key points
- Technology stocks outperformed, with STMicroelectronics and Prysmian each advancing nearly 2%.
- Banking stocks also saw gains, including UniCredit (+1.3%), Mediobanca (+0.8%), Banco BPM (+0.8%), BPER Banca (+1.2%), and Banca Mediolanum (+0.4%).
- Investors are focused on the Federal Reserve's policy decision, with a 25-basis-point rate hike fully priced in.
- Italian annual inflation was confirmed at 3.3% in August, the highest level since September 2023.
Sources
AI-generated from public news sources. Not financial advice.
