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Italy’s blue-chip index falls 1.16% as financials, utilities weigh

The Investing.com Italy 40 declined after losses in financials, utilities and energy stocks offset gains in tech and autos. STMicroelectronics led advancers.

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Priya Anand · Equities & Earnings Desk · 29 Aug 2026 · 19:04 · 1 min read
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Italy’s blue-chip index falls 1.16% as financials, utilities weigh

Italy’s benchmark equity gauge ended lower on Thursday, with the Investing.com Italy 40 falling 1.16% at the close in Milan.

Declines in financials, utilities and oil and gas shares outweighed gains in technology and automotive stocks. Advancing issues narrowly trailed decliners 320 to 356, while 49 stocks were unchanged.

Among top performers, STMicroelectronics rose 2.92% to 43.58, Stellantis added 2.58% to 4.58 and DiaSorin advanced 1.77% to 77.00. The gains followed broader weakness in the index.

Leading decliners included Hera, which fell 3.32% to 3.79, UniCredit, which dropped 3.17% to 83.42, and Banco Bpm, which slipped 2.12% to 15.93.

Oil benchmarks edged higher, with Brent crude for November delivery up 0.66% to $87.51 a barrel and U.S. crude for October delivery rising 0.55% to $82.68. Gold futures for December delivery gained 0.17% to $4,661.20 an ounce. The euro held steady against the dollar at 1.17, while the U.S. Dollar Index slipped 0.02% to 99.07.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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