Italy's FTSE MIB Rises as BTP-Bund Spread Narrows
The Italian stock market showed positive performance on August 10, 2026, with the FTSE MIB index increasing 0.25% to reach 53,851 points. The 10-year BTP-Bund spread stood at 77 basis points. During this period, the annual yield on Italian BTPs rose 1.1 basis points to 3.91%, while the German Bund yield rose 0.9 basis points to 3.14%.
In the data center sector, Prysmian rose 2.98% and Stm increased 2.15%. Within the banking sector, Banco Bpm grew by 0.62%, followed by MPS (+0.34%), Unicredit (+0.27%), and Intesa Sanpaolo (+0.22%). Conversely, Bper fell 0.48% and Mediobanca dropped 0.14%.
TISG recorded a 16.4% increase following the launch of a tender process to select new investors to acquire the yacht group's assets or join the shareholder register.
Other notable movements included:
- Increases: Moncler (+0.75%), Saipem (+0.55%), Cucinelli (+0.47%), and Eni (+0.4%).
- Decreases: Nexi (-1.1%), Terna (-0.75%), Poste Italiane (-0.7%), Recordati (-0.61%), and Tim (-0.59%).
- FTSE MidCap declines: Ferragamo (-7.46%), WIIT (-5.61%), Technogym (-3.52%), and Italmobiliare (-2.43%).
In international markets, the S&P 500 rose 0.73%. In Europe, Frankfurt increased 0.78%, London rose 0.34%, and Paris increased 0.39%. The euro/US dollar exchange rate remained at previous levels with a 0.12% increase. Gold rose 0.98% to $4,093.3 per ounce, while WTI crude oil fell 5.44% to $75.97 per barrel.

