FTSE MIB Edges Lower Ahead of Holiday-Shortened Trade
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The FTSE MIB fell 0.4% to close at 44,594 on Monday, with declines in financials, autos, and utilities outweighing gains in other sectors. Major banks UniCredit and Intesa Sanpaolo fell, while Stellantis plunged 4.6% due to an antitrust probe. Enel also declined. On the upside, Eni gained on higher oil prices, Saipem advanced on a new contract, Telecom Italia jumped 2.5% after a favorable court ruling, and Leonardo and Prysmian saw modest gains.
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