Stock Markets February 9, 2026

Milan Stocks Climb as Italy 40 Sets New Record; Tech and Financials Lead

STMicroelectronics posts near-double-digit gains while UniCredit and Prysmian push the index to fresh highs

By Ajmal Hussain
Milan Stocks Climb as Italy 40 Sets New Record; Tech and Financials Lead

Italian equities closed higher on Monday, driven by gains in technology, financials and industrials. The Investing.com Italy 40 rose 2.07% to a new all-time high. Notable moves included a near-10% jump in STMicroelectronics and multi-percent gains in UniCredit and Prysmian. Market breadth was positive, and commodities and FX markets also moved higher.

Key Points

  • Investing.com Italy 40 rose 2.07% to a new all-time high, driven by gains in Technology, Financials and Industrials.
  • STMicroelectronics jumped 9.85% to 27.32; UniCredit gained 6.36% to 78.64 and reached five-year highs; Prysmian rose 3.06% to an all-time high of 106.10.
  • Market breadth was positive with 439 risers, 303 decliners and 57 unchanged; commodities and FX markets also saw gains.

Italian stocks finished the trading day in positive territory on Monday, with strength concentrated in the Technology, Financials and Industrials sectors lifting the benchmark. At the close in Milan, the Investing.com Italy 40 advanced 2.07% to register a new all-time high.


Market movers

The session's top performer on the Investing.com Italy 40 was STMicroelectronics (BIT:STMMI), which climbed 9.85% - an increase of 2.45 points - to finish at 27.32. UniCredit SpA (BIT:CRDI) also posted strong gains, adding 6.36% or 4.70 points to close at 78.64. Prysmian SpA (BIT:PRY) rose 3.06% - a 3.15-point increase - to end the day at 106.10.

On the downside, Brunello Cucinelli (BIT:BCU) was the weakest performer among the index constituents, slipping 0.63% or 0.52 points to 82.32 at the bell. Nexi SpA (BIT:NEXII) dipped 0.29% or 0.01 points to 3.46, while Davide Campari Milano SpA (BIT:CPRI) declined 0.22% or 0.01 points to 6.31.


Breadth and notable highs

Rising issues outnumbered decliners on the Milan Stock Exchange by 439 to 303, with 57 stocks unchanged. UniCredit's shares moved up to five-year highs, closing at 78.64 after the 6.36% gain. Prysmian reached an all-time peak following its 3.06% advance to 106.10.


Commodities and FX

Energy and metals saw upward moves in tandem with equity strength. Crude oil for March delivery increased 1.65% or 1.05 to trade at $64.60 a barrel. Brent oil for April delivery rose 1.65% or 1.12 to $69.17 a barrel. The April Gold Futures contract traded higher as well, up 2.31% or 115.04 to $5,094.84 a troy ounce.

In currency markets, EUR/USD was up 0.71% to 1.19, while EUR/GBP was recorded as unchanged 0.32% to 0.87. The US Dollar Index Futures traded lower, down 0.66% at 96.86.


Summary takeaway

The Milan market closed with broad participation, led by technology, banking and industrial names that pushed the Italy 40 index to a fresh record. Several large-cap movers also reached significant price milestones during the session.


Data and tools note

Better data and analytical tools can help investors evaluate opportunities rather than relying on intuition alone. Institutional-grade datasets combined with AI-driven insights aim to surface more potential winners, although they do not guarantee outcomes.

Risks

  • Sector concentration risk - gains were led by Technology, Financials and Industrials, which may increase sensitivity to sector-specific shocks.
  • Commodity and currency volatility - moves in crude, Brent and gold as well as changes in EUR/USD and the US Dollar Index could influence market sentiment and corporate costs.
  • Single-stock downside - despite broad market gains, several large-cap names fell, illustrating company-level risks even in a rising market.

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