Italian Stocks Start 2026 Strong
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The FTSE MIB rose 1% to 45,374 on the first trading day of 2026, marking its highest level in over two decades. Financial stocks like MPS, Intesa Sanpaolo, and UniCredit saw gains, while chip-related stocks such as Prysmian and STMicroelectronics advanced sharply. Leonardo also climbed 4.2%. However, PMI data indicated a faster contraction in Italy's manufacturing sector, the steepest since March.
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