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Stock market: Milan (+1.15%) sets a new closing record of 52,432 points in today’s session

1' min read

Translated by AI
Versione italiana

1' min read

Translated by AI
Versione italiana

It also hit a new intraday high of 52,530.55 points

The Milan Stock Exchange continues to break records. With today’s gains of 1.15%, the FTSE MIB has once again set a new all-time high, closing at 52,432 points. During the trading session, the Milan Stock Exchange’s main index also reached an intraday record of 52,530.55 points.

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The FTSE MIB was driven higher not only by the prospect of peace in the Middle East drawing ever closer and the fall in crude oil prices on the back of hopes that the Strait of Hormuz might reopen, but also, once again, by the banking sector’s volatility. Among today’s top performers, Unicredit (+4.17%) and Intesa (+2.91%) stand out, followed closely by MPS (+1.52%) and BPM (+1.89%).

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