Milan Stock Exchange Loses 0.10% Amid Strait of Hormuz Uncertainty

The Milan stock exchange experienced a modest decline on August 10, 2026, with its selective FTSE MIB index closing down 0.10% at 53,663 points. The overall FTSE Italia All-Share index also fell, losing 0.16% to reach 56,301 points. This downturn occurred at the start of a week marked by significant uncertainty surrounding the Strait of Hormuz.

Investors are keenly focused on developments in the Middle East, particularly the ongoing discussions between Iran and Oman concerning the establishment of new maritime routes. This geopolitical tension is directly impacting energy markets, leading to price increases for oil and natural gas.

During the trading session, 375 million shares were exchanged on the Milanese market, with a total value of approximately 2.768 billion euros (around $3.197 billion). The automotive giant Stellantis was the top performer, registering a 1.85% increase. Other notable gainers included engineering and services company Saipem (+1.59%), hearing aid company Amplifon (+1.30%), and energy multinational Eni (+1.27%).

Conversely, Terna saw the largest drop, falling 1.74%. Other companies experiencing significant losses included Poste Italiane (-1.43%), Italgas (-1.34%), and Nexi (-1.29%). The market's performance reflects a cautious sentiment driven by the unresolved situation in the Strait of Hormuz.