Business · Markets · 9 hrs ago
Milan shares fall 2.54% as European markets decline
Milan’s stock market fell 2.54%, matching a sharp decline across other European markets.
Technology shares led the losses, with Prysmian and Technoprobe among the hardest hit.
Prysmian fell 7.6%, while STMicroelectronics dropped 4.9%.
Banks and energy companies also fell, including UniCredit, down 4.7%, and Saipem, down 6%.
The gap between Italian government bonds and German bonds ended the day at 124 points, while Italy’s 10-year bond yield stayed at 4.57%.
Luxury shares moved against the market, with Moncler up 2.6% after its results and Brunello Cucinelli up 1.5%.
Milan’s stock market closed down 2.54%, in line with other European markets.
Technology shares fell sharply, with Prysmian down 7.6% and STMicroelectronics down 4.9%.
Banks and energy stocks also declined during the session.
The spread between Italian and German government bonds rose to 124 points.
Moncler gained 2.6% after its results and reports from major luxury companies.
- Who
- Milan’s stock market and listed companies.
- What
- The market closed down 2.54%, alongside declines in other European markets.
- When
- October 22, 2026.
- Where
- Milan, at Piazza Affari.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Milan market close
- Down 2.54%
- Prysmian
- Down 7.6%
- STMicroelectronics
- Down 4.9%
- Italian-German bond spread
- 124 points
- Moncler
- Up 2.6%