Business · Markets · 7 hrs ago
Milan stocks fall 0.9% but remain just above 50,000 points
Milan’s FTSE MIB fell 0.90% on Friday, closing at 50,052 points, just above the 50,000 mark.
The index tracks shares traded on the Milan stock exchange.
Nexi, Banco BPM and BPER fell after releasing their results, with Nexi down 3.64%.
Tenaris, Buzzi, Amplifon and chipmaker STMicroelectronics rose.
Other European markets also ended lower, with Frankfurt down 1.92%, London 1.01% and Paris 0.81%.
They had been affected by a steep fall on Wall Street on Thursday, then pared losses as US markets turned positive.
The session showed how movements in US markets can affect European shares, but no further market outlook was given.
Milan’s FTSE MIB closed down 0.90% at 50,052 points, just above the 50,000-point mark.
Twenty-nine of the index’s 41 stocks fell, according to Money.it.
Nexi and Banco BPM were among the biggest decliners after releasing results, ANSA reported.
Tenaris was among the strongest performers, rising 3.26% according to ANSA.
European markets also fell, with Frankfurt down 1.92%, London down 1.01% and Paris down 0.81%, ANSA reported.
- Who
- Milan’s FTSE MIB index and its listed companies.
- What
- The index fell 0.90% but closed just above 50,000 points.
- When
- 6 November 2026.
- Where
- Milan, Italy.
- Why
- ANSA said Nexi, Banco BPM and Bper fell after releasing results; it also said European markets were affected by Wall Street’s sharp fall on Thursday.
This story does not have two clearly opposing sides.
Wall Street recorded a sharp fall, which ANSA said weighed on European markets.
Milan’s FTSE MIB closed down 0.90% at 50,052 points.
- FTSE MIB close
- 50,052 points; Money.it reported 50,052.96
- Daily change
- Down 0.90%
- Declining stocks
- 29 of 41
- Nexi
- Down 3.64%
- Tenaris
- Up 3.26%