FTSE MIB Holds Near 52,000 at Midday, Up 0.09%
Published on 11/12/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFTSE MIB Holds Near 52,000
- The FTSE MIB stood at 51,991 points at 12:52 CET on November 12, 2026, up 0.09% from the previous close.
- European markets were broadly higher, while technology stocks remained under pressure amid uncertainty surrounding Nvidia leadership.
- Pirelli replaced Iveco Group in the index on November 12; Banca Generali is scheduled to replace Recordati on November 13.
The FTSE MIB was broadly flat at 51,991 points at 12:52 CET on Thursday, November 12, 2026. Based on the previous official close of 51,946.54 points recorded on November 11, the benchmark was up 0.09%. The reading describes an intraday level, not the closing value for Thursday's session. The current level and timing were reported by Teleborsa via Repubblica, while the prior close is listed by Borsa Italiana.
Technology Weakness Limits Gains
The wider European session was positive, with the market backdrop shaped by quarterly earnings and a rotation across sectors. In Milan, however, technology weakness limited the advance. ANSA reported that Technoprobe fell 8% after its results and that STMicroelectronics was also lower, with the technology sector affected by uncertainty surrounding Nvidia and its chief executive, Jensen Huang. Moncler was among the stocks providing support at the open.
Index Composition Changes
The benchmark also entered a period of composition changes. According to TraderLink, Pirelli replaced Iveco Group on November 12 following the takeover process that lifted the bidder's holding above 90%. Banca Generali is scheduled to replace Recordati on November 13 for a similar reason. The same report said banks represented 37.3% of the FTSE MIB based on FTSE Russell data as of October 30, underlining the importance of financial stocks to the index's composition.
The next regular quarterly review is expected in December. Investors should distinguish the midday reading from the eventual session close as trading continues. Further FTSE MIB coverage is available on the FTSE MIB topic page.
