20.03.202608:53:04UTC+00FTSE MIB Extends Losses

The FTSE MIB fell toward the 43,000 mark on Friday, extending the previous session’s losses and lagging behind other major European indices. The steepest drop came from Infrastrutture Wire, which sank more than 8% after cutting its 2026 guidance. The company cited mounting tensions with key anchor tenants, following their decision to launch a joint venture to build new mobile towers in Italy.

Energy heavyweight Eni also slipped 0.9%, tracking weaker oil prices after US officials signaled it is unlikely Washington will deploy ground forces against Iran, while Treasury Secretary Scott Bessent indicated that sanctions on Iranian crude could be eased.

In contrast, financial stocks outperformed, with notable gains from Banco BPM (+2.5%), Bper Banca (+1.5%), Mediobanca (+3.3%), UniCredit (+1.6%), and Intesa Sanpaolo (+1.3%). For the week, the benchmark index is on track to finish more than 1% lower.