FTSE MIB closes 22 points higher as TIM leads gains
Published on 10/13/2026 at 22:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSChip stocks and bank gains
- FTSE MIB ended at 50,057 points on October 13, up 22 points or 0.04 percent.
- Technology shares fell as AI investment concerns pressured chip stocks, with Technoprobe down 5.1 percent.
- TIM led gains at 3.0 percent, while Unipol rose 1.9 percent.
- Christine Lagarde is scheduled to speak on October 14 at 10:30 a.m. CET.
The FTSE MIB closed on October 13, 2026 at 50,057 points, up 22 points or 0.04 percent, ANSA reported. Technology shares weakened as investors questioned the durability of artificial intelligence investment.
TIM jumped 3.0 percent, while Unipol gained 1.9 percent and BPER rose 1.1 percent. Since the midday level of 49,851 points, the FTSE MIB gained 206 points.
Why did FTSE MIB hold above 50,000?
Chip stocks led the pressure. Technoprobe fell 5.1 percent, while STMicroelectronics lost 3.4 percent. ANSA linked the selling to concerns about companies tied to artificial intelligence and microchips. Financial stocks provided support as major US banks released quarterly results.
Winners and losers in FTSE MIB
Winners and losers on October 13 according to ANSA:
- TIM up 3.0 percent
- Unipol up 1.9 percent after a Barclays upgrade
- BPER up 1.1 percent after a Barclays upgrade
- Technoprobe down 5.1 percent on chip-sector selling
- STMicroelectronics down 3.4 percent on chip-sector selling
- Avio down 2.4 percent
FTSE MIB diverges from weaker European markets
The index held above 50,000 while technology stocks weighed on several European benchmarks. The official underlying value shown by Borsa Italiana was 50,057 points with the market marked closed.
What is next for FTSE MIB on October 14
- October 14, 2026, 10:30 a.m. CET: ECB President Christine Lagarde is scheduled to speak at the IMF and World Bank meetings, European Central Bank lists.
- October 14, 2026, 4:10 a.m. CET: Lagarde is scheduled for a CNN Global Perspectives conversation in Bangkok, European Central Bank lists.
