The FTSE MIB Index dropped 356 points or 0.72 percent on Thursday to close at 49398 points. Losses were led by Technoprobe (-11.42%), Saipem (-4.34%) and STMicroelectronics (-4.05%). Offsetting the fall, top gainers were Telecom Italia (1.87%), Leonardo SpA (1.79%) and Ferrari NV (1.71%).