Italy: FTSE MIB Closes Higher.

The FTSE MIB rose 1.3% to 52,104 on Thursday, supported by gains in financial and technology stocks, in addition to strong GDP data. AI infrastructure shares across the globe rebounded from yesterday's selloff after Samsung posted results, with STMicroelectronis jumping 6.4% and Prysmian gaining 4.5%. Financials also rose amid more strong earnings for European bank holding companies. Azimut gained 3.9%, and UniCredit, Banco BPM and BPER Banca all advanced more than 2%. Energy stocks continued to outperform, with Saipem up 3.7% and Eni gaining 1.4%, as oil prices remained elevated despite retreating during the session. Broader shares were also supported by strong GDP data. The Italian economy recorded by a carry-over growth rate of 0.8% in H1, firmly above the bank of Italy forecasts of 0.5% for 2026. On the downside, Stellantis dropped 4.2% after reporting weaker-than-expected second-quarter results.