Milan’s stock market continues to cautiously rise.
Milan’s FTSE MIB index is showing a cautious increase, mirroring trends across other European markets as Wall Street is closed for the President’s Day holiday. As of midday trading on February 16, 2026, the index is up 0.34% at 45,583.07 points.
Leading gains on the main listing is Leonardo, rising 2.14% following the announcement of a contract for four aircraft from Saudi Arabia. This order signals continued growth for the Italian defense and aerospace company.
Saipem is also performing strongly, up 2.45%, alongside gains for Unipol (+2.23%), Poste (+2.08%), and Tenaris (+2.07%). The banking sector is also showing positive movement, with Mediobanca (+2.01%), MPS (+1.60%), Banco BPM (+1.57%), Bper (+1.43%), Unicredit (+1.21%), and Intesa Sanpaolo (+0.46%) all registering increases. Eni’s stock is relatively stable, with a modest gain of 0.13%.
Stellantis has seen a 0.59% increase. Conversely, STM is down 2.09%, with Enel (-1.91%), Tim (-1.43%), and A2a (-1.42%) also experiencing losses.
