Last Week on Borsa Italiana: FTSE MIB Drops 6.5% as Banks Sink, Nexi Slides, Leonardo Holds Up
Italy’s FTSE MIB closed Friday at 44,152.26, down 6.48% from Feb. 27 and sharply below last week’s high. Nexi shares plunged 22% after unveiling a new plan, while STMicroelectronics and major banks also fell. Leonardo rose 3.39% after a UK helicopter contract. Investors raised bets on an ECB rate hike in 2026 as oil prices surged and inflation risks grew.
