Italian Bourse Drop as Middle East Conflict Escalates

The FTSE MIB fell by 1.1% to hover near the 33,500 threshold on Friday, mirroring the performance of its European peers, as investors shed riskier assets amid renewed concerns over escalating tensions in the Middle East following Israel's attack on Iranian soil.

Meanwhile, investors have been processing a deluge of economic data throughout the week, alongside statements from policymakers at major central banks.

On the corporate front, nearly all companies are trading in negative territory.

Notably, Saipem, Iveco Group, and Tenaris were among the worst-performing stocks, each experiencing a decline ranging from 2% to 3%.

Conversely, Campari (+0.7%) stood out as the sole company defying the broader downward trend.

Looking at the week as a whole, the FTSE is expected to remain largely unchanged.