Milan Stock⁣ Exchange Closes Lower⁣ Amid Global Uncertainty

Published: 2026/01/14 ⁢09:29:22

Market Overview

Milan’s ⁣stock⁣ exchange, Piazza ⁢Affari, closed down ⁣0.45% on⁣ January 13, 2026, at 45,525 points. This decline reflects a climate ⁤of ‍global economic uncertainty stemming from ongoing⁢ crises in Ukraine, ⁣Iran, Venezuela, and the Middle East.⁤ Adding‍ to ‍the pressure is the evolving relationship between the Trump administration and the Federal Reserve, coupled ‌with⁣ anticipation surrounding the appointment of​ a⁤ new Federal Reserve chair.

Sector Performance

The ⁤construction ⁢sector significantly impacted the downturn, with Buzzi Scendendo ‍experiencing a ample drop of 7.16% to⁤ €50.60 per share. Automotive ‍companies also faced⁣ challenges, with Stellantis declining by 3.52% and Ferrari falling by ‌3.77%.

Leading Declines

• buzzi: -7.16% (€50.60 per share)
• Stellantis: -3.52%
• Ferrari: -3.77%
• Telecom Italia (TIM): ‍ -1.3%
• Fincantieri: -4.5%

Positive Performers

Despite the overall negative⁢ trend, the energy sector demonstrated ⁢resilience. Eni⁣ saw a gain‌ of 2.15%,while Saipem led ‍the blue-chip performers with a 4.39% increase. ‍Tenaris also contributed positively, rising by 2.82%.

Leading Gains

• saipem: ‍ +4.39%
• Eni: +2.15%
• Tenaris: +2.82%
• Diasorin: +1.93%
• MPS: +1.31%

Other Notable Movements

Enel ⁤experienced a