FTSE MIB closes 0.27% lower at 51,808.67 points
Published on 11/12/2026 at 18:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFTSE MIB ends lower in Milan
- The FTSE MIB closed at 51,808.67 points on November 12, down 0.27% from the previous session.
- Technology-related selling and weakness in selected industrial and consumer stocks weighed on the benchmark.
- Utilities, energy and Pirelli were among the stronger performers, while Amplifon, Technoprobe and Stellantis lagged.
The FTSE MIB ended Thursday's session lower, closing at 51,808.67 points, down 0.27% from the previous close of 51,946.54. The closing level and daily range were reported by Money.it. The benchmark moved between an intraday high of 52,131.91 and a low of 51,621.43 points.
Technology weakness weighs on index
Trading in Milan was shaped by renewed pressure on technology shares following developments involving Nvidia. Il Sole 24 Ore said that the FTSE MIB limited its loss to 0.27% as the European technology sector reacted to the news surrounding Nvidia chief executive Jensen Huang. The report also noted that US weekly jobless claims rose to 200,000 for the week ended November 7, while expectations of tighter Federal Reserve policy remained part of the wider market backdrop.
Within the FTSE MIB, Amplifon was the weakest performer, falling 5.29%, while Technoprobe declined 4.73% and Stellantis lost 4.33%, according to Money.it. Ferrari, Brunello Cucinelli and Leonardo also finished lower.
Utilities and energy provide support
The decline was contained by gains in selected defensive and energy-related shares. Italgas rose 1.86%, Pirelli gained 1.63%, Terna advanced 1.27% and Eni added 1.07%. Pirelli's move came on its first day back in the FTSE MIB after replacing Iveco, a change also highlighted in the Il Sole 24 Ore market report. Diasorin led the main index with a 3.46% gain.
Banking shares closed mixed. Intesa Sanpaolo and Monte dei Paschi each fell 0.89%, while Mediobanca declined 0.84%; UniCredit and Banco BPM finished broadly unchanged. The broader market therefore remained uneven, with 23 FTSE MIB constituents ending lower, 16 higher and two unchanged, according to Money.it.
The FTSE MIB remains above its level from one week earlier, but Thursday's close showed that gains were not evenly distributed across sectors. Investors continue to balance corporate results and company-specific news against sensitivity in technology stocks and shifting expectations for US interest rates. Further FTSE MIB coverage is available on the FTSE MIB topic page.
