FTSE MIB closes 1.3 percent higher as banks rebound
Published on 10/26/2026 at 18:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBanks and oil shape Milan
- FTSE MIB closed at 49,186 points on October 26, up 628 points or 1.3 percent.
- Brent crude fell 1.8 percent to USD 114.57 as diplomatic efforts eased supply concerns.
- Stellantis rose 3.9 percent, while Eni fell 1.8 percent after its recent rally.
- ECB Bank Lending Survey data are due October 27 at 10:00 a.m. CET.
The FTSE MIB closed on October 26, 2026 at 49,186 points, up 628 points or 1.3 percent. The advance followed a retreat in Brent crude and strength across Italian banks, Borsa Italiana shows.
Stellantis gained 3.9 percent, while Eni fell 1.8 percent after its sharp advance on Friday, MarketScreener reports. The move followed a week of losses for Milan and a rebound in banks.
Why did the FTSE MIB rise on Monday?
Brent crude fell 1.8 percent to USD 114.57 as markets weighed diplomatic efforts involving Iran and regional governments. The retreat offered relief after oil reached a six-month high last week, Morningstar reports.
Investors also positioned for a busy week of central-bank decisions. The Federal Reserve and European Central Bank are both expected to keep rates unchanged, while energy prices and bond yields remain central risks, Reuters says.
Stellantis rebounds as Eni retreats
Stellantis rose 3.9 percent after five consecutive losing sessions and ahead of its October 28 earnings. Eni dropped 1.8 percent after its results-driven rally on Friday. The two stocks were among the clearest large-cap moves in Milan.
Trading value reached EUR 2.68 billion across 305.6 million shares and 248,969 contracts, compared with EUR 3.12 billion on the previous session, MarketScreener reports.
FTSE MIB range and market context
The index opened at 48,714 points and traded between 48,674 points and 49,243 points. Its October performance stood at down 5.2 percent, while the distance from its 2026 high of 53,717 points was 8.4 percent, based on Borsa Italiana data.
What comes next for the FTSE MIB
- October 27, 2026, 10:00 a.m. CET: European Central Bank Bank Lending Survey data, Milano Finanza reports.
- October 27, 2026, 10:10 a.m. CET: Italy holds short-term and inflation-linked government bond auctions, SoldiOnline says.
- October 29, 2026, 2:15 p.m. CET: The European Central Bank is scheduled to announce its interest-rate decision, followed by a press conference at 2:45 p.m. CET, Milano Finanza reports.
FTSE MIB price data for October 26, 2026
The FTSE MIB closed at 49,186 points on October 26, 2026 at 5:40 p.m. CET, up 628 points or 1.3 percent from the previous close of 48,559 points. It opened at 48,714 points and reached a high of 49,243 points and a low of 48,674 points, Borsa Italiana shows.
FTSE MIB by the numbers on October 26, 2026
- Index: FTSE MIB
- Home exchange: Borsa Italiana, Italy
- Close on October 26, 2026: 49,186 points
- Change versus previous close of October 23, 2026: up 628 points (up 1.3 percent)
- Previous close: 48,559 points
- Open: 48,714 points
- Day high / day low: 49,243 points / 48,674 points
- Top gainer: Stellantis up 3.9 percent
- Top loser: Eni down 1.8 percent
- Next scheduled event: October 27, 2026, 10:00 a.m. CET: ECB Bank Lending Survey
