Why FTSE MIB Index moves
FTSE MIB Index rose with the market.
Written after the close on ·
Why today
19,725 news analyzed todayFTSE MIB Index rose with the market.
FTSE MIB Index rose clearly over the last five trading days, moving in line with the market.
No company news explains the sharp rise in the last session.
Broad market moves like this usually reflect shifts in investor mood across Italian large companies.
The only items in the news are background pieces that do not explain the move.
Today's move of +2.18% was 3.4 times a normal day's 0.6%. FTSE MIB moved +2.18% on the same day.
FTSE MIB Index +2.18%FTSE MIB +2.18%In step with the market
10,000 EUR in FTSE MIB Index bought on November 4, 2016 is worth 31,300 EUR today, with dividends reinvested.
What would 10,000 EUR in FTSE MIB Index be worth today? →
What would 10,000 EUR in FTSE MIB Index be worth today?
31,300 EUR
with dividends reinvested, bought on November 4, 2016.
The five biggest days of the journey
· −16.9% · the whole market fell 16.9% the same day
· −11.2% · the whole market fell 11.2% the same day
· +8.9% · the whole market rose 8.9% the same day
· +7.1% · the whole market rose 7.1% the same day
· +7.0% · the whole market rose 7.0% the same day
Earlier days
+1.12% market +1.12% FTSE MIB Index, the main index of Italian blue-chip shares on Milan's exchange, rose slightly over the last five trading days. Read →
FTSE MIB Index, the main index of Italian blue-chip shares on Milan's exchange, rose slightly over the last five trading days.
It moved in line with the broader market over the same days.
Its last session saw a clear fall, also matching the market.
Nothing in the available news names a company-specific cause, so the move mostly reflects broad market sentiment, which usually drives this kind of index.
+1.94% market +1.94% FTSE MIB Index, the main Italian stock index on the Milan exchange, rose clearly over the last five trading days, moving in line with the wider market. Read →
FTSE MIB Index, the main Italian stock index on the Milan exchange, rose clearly over the last five trading days, moving in line with the wider market.
Italian blue-chip shares, the largest listed companies, likely drove most of the gain, as the market rose over the same days.
Last session the index fell clearly, again matching the market's direction.
Trading volume was around its usual level, so no unusual activity stood out.
+1.29% market +1.29% FTSE MIB Index rose, moving in line with the broader market. Read →
FTSE MIB Index rose, moving in line with the broader market.
No company news explains the move.
Over the last five trading days the index was roughly unchanged, while the market was also roughly flat.
The index remains below its highest close of the past year, reached in early August, and well above its lowest, set in late November last year.
Market moves like this for an index are usually driven by the broader economy, central bank interest rate expectations and the performance of its largest companies.
−2.60% market −2.60% FTSE MIB Index fell clearly over the last five trading days, moving in line with the wider market. Read →
FTSE MIB Index fell clearly over the last five trading days, moving in line with the wider market.
The fall was big, about twice a normal five-day stretch, and moves that size happened only about a dozen times in the past year.
The news does not give one clear cause.
−2.54% market −2.54% FTSE MIB Index fell very sharply. Read →
FTSE MIB Index fell very sharply.
FTSE MIB Index is an index on the Milan exchange (MIL) that tracks major Italian shares.
Over the last session it fell very sharply, in line with the broader market.
No company news explains the move.
The index has been falling over the last five trading days, and the drop was an unusually large one for it.
+1.17% market +1.17% FTSE MIB Index rose clearly, driven by yesterday's close. Read →
FTSE MIB Index rose clearly, driven by yesterday's close.
FTSE MIB Index rose clearly in the last session, in line with the market.
Over the last five trading days the index was roughly unchanged, while the market was also roughly flat.
Earlier this week the index fell on Monday and Thursday, but those moves came before the last session.