The FTSE MIB fell 0.5% to close at 49,775 on Monday as reports that Iran will halt communication with the US cast doubt on the prospects for renewing the ceasefire. Oil prices rebounded, reviving stagflation concerns and pushing bond yields higher. Financial stocks came under pressure amid expectations of higher borrowing costs and a hawkish monetary outlook, with UniCredit down 0.7%, Intesa Sanpaolo losing 1.9%, and Generali shedding 0.8%. Utilities also traded lower, with Enel down 0.7%. Other notable laggards included Stellantis (-2.7%) and Leonardo (-3.6%). In contrast, energy-related stocks advanced alongside the oil rally, with Eni up 2.2%, Tenaris gaining 3.2%, and Prysmian adding 0.9%.
Italy's main stock market index, the IT40, fell to 49775 points on June 1, 2026, losing 0.52% from the previous session. Over the past month, the index has climbed 4.84% and is up 24.49% 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 June 2 of 2026.
Italy's main stock market index, the IT40, fell to 49775 points on June 1, 2026, losing 0.52% from the previous session. Over the past month, the index has climbed 4.84% and is up 24.49% 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 49585.20 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 44993.05 in 12 months time.