Stock Markets July 31, 2026 12:07 PM

Italian Shares End Higher as Healthcare, Industrials and Energy Lift Market

Italy 40 posts modest gain; Amplifon leads winners while Stellantis retreats

By Ajmal Hussain
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Italian equities closed higher on Friday, with the Italy 40 index finishing up 0.18% as gains in Healthcare, Industrials and Oil & Gas helped lift the market. Amplifon led advancers, while Stellantis and several utilities weighed on the downside. Commodity and currency moves were mixed during the session.

Italian Shares End Higher as Healthcare, Industrials and Energy Lift Market
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Key Points

  • Italy 40 closed up 0.18% at the Milan close, with Healthcare, Industrials and Oil & Gas leading gains.
  • Amplifon (BIT:AMPF) was the session leader, rising 8.19% to 12.15; DiaSorin and Brunello Cucinelli also posted meaningful gains.
  • Stellantis (BIT:STLAM), Snam (BIT:SRG) and Italgas (BIT:IG) were among the largest decliners; market breadth favored advancing stocks 443 to 292.

Italian equities registered modest gains at the close on Friday, supported by strength in Healthcare, Industrials and Oil & Gas sectors. At the close in Milan, the Italy 40 index was up 0.18%.

Among individual stocks, Amplifon (BIT:AMPF) was the strongest performer, jumping 8.19% - a rise of 0.92 points - to finish at 12.15. DiaSorin SpA (BIT:DIAS) also posted solid gains, adding 4.21% or 2.90 points to end the session at 71.86. Luxury apparel maker Brunello Cucinelli (BIT:BCU) rose 2.95% - gaining 2.52 points - to close at 87.92 in late trade.

On the downside, Stellantis NV (BIT:STLAM) slipped 1.96% or 0.10 points to trade at 4.96 at the close. Gas utility Snam SpA (BIT:SRG) declined 1.80% or 0.11 points to finish at 5.89, and Italgas SpA (BIT:IG) fell 1.58% - down 0.14 points - to 8.95.

Market breadth on the Milan Stock Exchange favored advancers, with 443 stocks rising against 292 decliners while 55 issues ended unchanged.

Commodities showed mixed moves during the session. Crude oil for September delivery increased 0.95% or 0.79 to $84.38 a barrel, and Brent oil for October delivery rose 0.53% or 0.46 to $87.34 a barrel. Meanwhile, the August Gold Futures contract slipped 1.51% or 62.10, trading at $4,038.00 a troy ounce.

Currency pairs were relatively stable. EUR/USD was effectively unchanged, moving 0.11% to 1.15, while EUR/GBP was unchanged by 0.09% to 0.86. The US Dollar Index Futures advanced 0.21% to 99.93.


Session highlights - top movers and market context:

  • Top gainers: Amplifon (BIT:AMPF) +8.19%; DiaSorin SpA (BIT:DIAS) +4.21%; Brunello Cucinelli (BIT:BCU) +2.95%.
  • Top decliners: Stellantis NV (BIT:STLAM) -1.96%; Snam SpA (BIT:SRG) -1.80%; Italgas SpA (BIT:IG) -1.58%.
  • Breadth: 443 advancing stocks, 292 declining, 55 unchanged on the Milan exchange.
  • Commodities & currencies: WTI and Brent oil both higher; gold futures weaker; EUR/USD and EUR/GBP little changed; US Dollar Index futures up.

The session painted a picture of selective stock-level strength rather than a broad-based rally, with healthcare and industrial names among the standouts while some large-cap industrial and utility names lagged. Movements in energy and precious metals prices, along with modest swings in major currency pairs, were notable market inputs during the day.

Risks

  • Volatility in oil prices could affect energy and related sectors, evidenced by crude and Brent moving higher during the session - this impacts the Oil & Gas sector.
  • Declines in gold futures point to shifting commodity sentiment that could influence investor flows into defensive assets - this affects the Metals/Commodities sector.
  • Currency fluctuations, though modest, may alter export-sensitive sectors and cross-border earnings, as EUR/USD and EUR/GBP showed small movements during the day - this impacts Industrials and Export-oriented firms.

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