Stock Markets March 13, 2026

Milan Stocks Slip as Industrials, Healthcare and Financials Weigh on Index

Italy 40 edges down 0.34% as energy names climb while automaker and industrial stocks lag

By Marcus Reed SPMI
Milan Stocks Slip as Industrials, Healthcare and Financials Weigh on Index
SPMI

Italian equities closed lower on Friday, with the broad Italy 40 index down 0.34% as losses in Industrials, Healthcare and Financials outnumbered gains. Energy-related names led risers, while an auto group and several industrial firms were among the heaviest decliners. Market breadth was negative and commodities and currency moves accompanied the equity action.

Key Points

  • Italy 40 index closed down 0.34% following losses in Industrials, Healthcare and Financials.
  • Top gainers included Eni (up 2.69% to 22.35), Saipem (up 2.46% to 3.37) and Enel (up 2.36% to 9.71); biggest decliners were Stellantis (down 4.37% to 5.71), Fincantieri (down 3.35% to 13.27) and Prysmian (down 3.08% to 98.42).
  • Market breadth was negative with 390 decliners, 290 advancers and 38 unchanged; oil and Brent rose while gold futures fell, and the dollar strengthened.

Italian share prices finished the trading session lower on Friday, with the nation’s leading index slipping 0.34% at the close in Milan. The decline was driven primarily by weakness in the Industrials, Healthcare and Financials sectors, which offset gains among a number of energy-related companies.

At the close, the Italy 40 was down 0.34%.

The session’s strongest performers included Eni SpA (BIT:ENI), which rose 2.69% or 0.58 points to finish at 22.35. Saipem SpA (BIT:SPMI) added 2.46% or 0.08 points, ending at 3.37, while Enel (BIT:ENEI) climbed 2.36% or 0.22 points to 9.71 in late trade.

On the downside, Stellantis NV (BIT:STLAM) was the weakest major stock, falling 4.37% or 0.26 points to close at 5.71. Fincantieri SpA (BIT:FCT) declined 3.35% or 0.46 points to 13.27 and Prysmian SpA (BIT:PRY) slipped 3.08% or 3.13 points to end at 98.42.

Decliners outpaced advancers on the Milan exchange, with 390 stocks down versus 290 that advanced; 38 issues finished unchanged.

Notable price extremes were recorded among the large names: shares of Eni reached 5-year highs, gaining 2.69% or 0.58 to reach 22.35, while shares of Stellantis fell to 5-year lows, dropping 4.37% or 0.26 to 5.71.

Commodity markets moved alongside equity trading. U.S. crude for April delivery increased 0.96% or 0.92 to trade at $96.65 a barrel. Brent for May delivery rose 0.73% or 0.73 to $101.19 a barrel. In metals, the April Gold Futures contract fell 1.41% or 72.04 to trade at $5,053.76 a troy ounce.

Currency and dollar indicators also showed movement. EUR/USD declined 0.63% to 1.14, while EUR/GBP was unchanged 0.13% to 0.86. The US Dollar Index Futures rose 0.61% to 100.36.


Market summary

  • The Italy 40 closed down 0.34% amid sector weakness.
  • Energy names such as Eni, Saipem and Enel were among the top gainers.
  • Stellantis, Fincantieri and Prysmian were the session’s largest decliners.

This trading day demonstrated mixed sector pressures, with energy-related stocks supporting the index while industrial and automotive names contributed to the decline. Market breadth favored losers, and commodity and currency moves provided additional context to the session’s price action.

Risks

  • Negative market breadth - with 390 stocks declining versus 290 rising - suggests broad weakness that could pressure Industrials, Healthcare and Financials.
  • Commodity price shifts, including a rise in crude and Brent and a fall in gold futures, introduce volatility that affects energy and materials sectors.
  • Currency fluctuations, such as EUR/USD falling to 1.14 and a stronger US Dollar Index Futures at 100.36, present exchange-rate risk for exporters and importers operating across Italy.

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