Business
Milan Bourse Rebounds 2.44% After Previous Declines
Milan: The Milan bourse experienced a rebound of 2.44% following a series of declines over the past three sessions, which were triggered by tariff announcements from US President Donald Trump.
According to Ansa News Agency, the FTSE-Minb index, a key indicator of market performance, rose to 33,657 points. The recovery was led by significant gains in the defense sector, with Leonardo shares increasing by 7.4%, and the insurance sector, with Unipol shares rising by 7.2%.
Despite the overall positive trend, Eni shares saw a decline, dropping by 1.28%. The performance of the Milan bourse suggests a partial recovery from the market volatility experienced earlier in the week.