Italian Stock Market Edges Higher Amid Banking Sector Volatility, Energy Gains
Milan, Italy – November 26, 2025 – Italian stock indices posted modest gains today despite turbulence in the banking sector, while energy firm ENI led the market with a notable surge following a strategic acquisition announcement. The FTSE Mib closed up 0.01% at 42,702 points, while the FTSE Italia All Share dipped 0.01%. Mid-cap and small-cap indices also experienced slight declines,with the FTSE Italia Mid cap falling 0.23% and the FTSE Italia Star down 0.25%.
The session was marked by investor sensitivity surrounding banking stocks and a strengthening energy sector. These movements reflect ongoing concerns about economic stability alongside opportunities presented by international energy ventures. Bitcoin’s value fell below $87,500 (approximately €75,500), while the spread between Italian and German 10-year bonds remained stable below 75 basis points, with the 10-year BTP yield falling under 3.45%. The euro traded below $1.16, and gold approached $4,200.
UniCredit saw minimal movement, gaining 0.13% too close at €63.23. Though, ENI experienced a ample increase of 1.52%,reaching €15.918 per share, driven by the announcement of a deal to acquire a 50% stake and operatorship in the OFF-5 exploration block offshore uruguay from YPF, pending Uruguayan regulatory approval.
Focus shifted to Fincantieri at the MidCap level, with shares dropping 4.77% to €16.78. The decline followed an agreement with the U.S. Navy to redefine the future of the Constellation program, currently under construction at Fincantieri Marinette Marine shipyards in Wisconsin, as part of a broader U.S. Navy fleet review. Additionally, MARR shares fell sharply, down 3.4% to €24.15.
