---
title: "FTSE MIB Rises on Utilities and Energy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274851067.md"
description: "The FTSE MIB increased by 0.5% to close at 46,636, driven by gains in utilities and energy stocks, with Eni rising 1.4% due to higher oil prices. Utilities outperformed, with Enel up 1.3%, Snam up 2.4%, and Terna up 2.3%. Luxury stocks also saw gains, led by Ferrari (+2.5%) and Brunello Cucinelli (+3.5%). Financials were mixed ahead of earnings, while Italy's inflation estimate for January was 1.0%, matching expectations."
datetime: "2026-02-04T17:34:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274851067.md)
  - [en](https://longbridge.com/en/news/274851067.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274851067.md)
---

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# FTSE MIB Rises on Utilities and Energy

The FTSE MIB rose 0.5% to close at 46,636 on Wednesday, supported by gains in utilities and energy stocks.

Eni advanced 1.4% amid higher oil prices and heightened Middle East tensions after the US downed an Iranian drone.

Utilities outperformed, with Enel up 1.3%, Snam rising 2.4% and Terna gaining 2.3%.

Luxury stocks also advanced, led by Ferrari (+2.5%), Brunello Cucinelli (+3.5%) and Moncler (+0.8%).

STMicroelectronics and Stellantis climbed 3.6% and 3.5%, respectively.

Financials were mixed, with UniCredit (-0.6%) and BPER (-0.9%) ahead of earnings on Thursday, while Intesa Sanpaolo gained 0.9% and Mediobanca surged 5.8% on renewed takeover speculation.

Leonardo fell 4.7% and Prysmian dropped 2.4%.

On the macro front, Italy’s flash estimate showed headline inflation at 1.0% in January, in line with expectations, while euro area inflation also matched forecasts at 1.7%.

### Related Stocks

- [Tema Luxury ETF (LUX.US)](https://longbridge.com/en/quote/LUX.US.md)
- [Eni S.p.A. (E.US)](https://longbridge.com/en/quote/E.US.md)
- [KraneShares Global Luxury Index ETF (KLXY.US)](https://longbridge.com/en/quote/KLXY.US.md)
- [Eni S.p.A. (EIPAF.US)](https://longbridge.com/en/quote/EIPAF.US.md)
- [Enel SpA (ENLAY.US)](https://longbridge.com/en/quote/ENLAY.US.md)
- [Ferrari N.V. (RACE.US)](https://longbridge.com/en/quote/RACE.US.md)

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