The FTSE MIB edged above 50,100 on Thursday, paring some losses from the previous session, supported by easing oil prices as traders sought clearer confirmation of progress toward a possible agreement with Iran. This came after Israel and Lebanon reached a ceasefire, although earlier US-Iran tensions continued to keep markets on edge. Leading the gains were financials, including Intesa Sanpaolo (+1.2%), BPER Banca (+1.5%), Unipol Gruppo (+0.8%), Banca Mediolanum (+0.8%), and FinecoBank (+1%). On the other hand, losses were led by STMicroelectronics (-3.5%), tracking a global retreat in technology stocks. Other laggards included Prysmian (-1.7%), Tenaris (-1.2%), and Avio (-4.8%). On the economic front, a fresh PMI survey showed that Italy’s construction sector downturn eased in May.