Business · Markets · 10 hrs ago
Milan stock market closes nearly flat as Ferrari rises and Stellantis falls
Milan’s main stock index closed almost unchanged, down 0.01% at 49,941.83 points.
The session was mixed, with Ferrari shares rising 4.47% on the day the company reported quarterly results and gave full-year estimates.
Stellantis fell 3.88%, while Brunello Cucinelli dropped 3.55%.
Amplifon also gained, rising 2.98%.
Trading took place as the United States held its midterm elections and Washington and Tehran pursued diplomatic efforts to resolve the Middle East crisis.
The index’s near-flat close showed gains and losses balancing out, and no further market developments were reported.
Milan’s FTSE MIB closed nearly flat on 3 November, slipping 0.01% to 49,941.83 points.
Ferrari rose 4.47% on the day of its quarterly results and full-year forecasts.
Stellantis fell 3.88%, while Brunello Cucinelli dropped 3.55%.
Trading was worth more than 3.1 billion euros, according to ANSA.
- Who
- The FTSE MIB and companies listed on the Milan stock exchange.
- What
- The index closed nearly flat, down 0.01%. Ferrari rose, while Stellantis fell.
- When
- 3 November 2026.
- Where
- Milan, Italy.
- Why
- The sources do not state a specific cause for the index’s near-flat close.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- FTSE MIB close
- 49,941.83 points
- Daily change
- -0.01%
- Ferrari
- +4.47%
- Stellantis
- -3.88%
- Trading value
- More than 3.1 billion euros