Europe Market Wrap 9 November: FTSE MIB Climbs 2.69% as Banks and Miners Lead
First published at 14:08 GMT; updated with the session’s closing edition at 17:32 GMT.
The Takeaway: All nine European indices we track closed higher on Monday, led by Milan’s FTSE MIB with a 2.69% gain. Reuters said London’s FTSE 100 rose as lower oil prices helped ease inflation worries and rising gold lifted miners. Basic resources rose 3.14%, the strongest of the eight sectors we track, while oil and gas fell for a seventh straight session.
Banks and miners topped the sector gains in a broad European rebound on Monday, with Frankfurt’s DAX gaining 1.73% on Xetra’s closing price and Madrid’s IBEX 35 adding 1.93%.
Milan leads a rebound across all nine indices
Reuters reported at midday that Britain’s FTSE 100 rose as lower oil prices helped ease inflation worries and rising gold prices lifted precious metal miners; the index closed 1.02% higher. Brent traded 4.61% lower at $93.79 a barrel at 17:10 GMT. Milan’s FTSE MIB closed up 2.69%, the largest gain of the nine, and the Euro Stoxx 50 added 1.94%.
In Frankfurt, Infineon led the exchange’s list of the DAX’s biggest gainers, ahead of Siemens Energy and Airbus, while Siemens Healthineers headed the fallers. The remaining closes are in the table below.
Miners top the sectors as oil and gas slips again
Basic resources rose 3.14%, the strongest of the eight Stoxx Europe 600 sectors we track, and banks added 2.78%. CNBC reported that UniCredit’s third-quarter net profit rose a record 24% year on year. Oil and gas fell for a seventh straight session, while technology ended a run of four declines with a 2.00% gain.
European closes, ranked
| Index | Close | Change |
|---|---|---|
| FTSE MIB (Italy) | 51,399.88 | +2.69% |
| Euro Stoxx 50 (euro area) | 6,290.45 | +1.94% |
| IBEX 35 (Spain) | 19,742.50 | +1.93% |
| DAX (Germany), Xetra close | 26,267.19 | +1.73% |
| Stoxx Europe 600 (Europe) | 656.52 | +1.26% |
| CAC 40 (France) | 8,233.30 | +1.16% |
| FTSE 100 (UK) | 10,782.87 | +1.02% |
| SMI (Switzerland) | 14,946.15 | +1.01% |
| AEX (Netherlands) | 1,129.97 | +0.84% |
Closes of Monday 9 November 2026 from the exchanges’ own pages, ranked by change against Friday’s closes as published; all nine rose. The Stoxx rows are the administrator’s 17:00 GMT final values.
Stoxx Europe 600 sectors
| Sector | Change |
|---|---|
| Basic resources | +3.14% |
| Banks | +2.78% |
| Technology | +2.00% |
| Autos and parts | +0.16% |
| Oil and gas | -0.09% |
| Personal and household goods | -0.64% |
The three strongest and three weakest of the eight supersectors we track, at the 17:00 GMT final values; the other two: telecoms +0.88% and health care +0.67%.
Commodities and currencies
| Asset | Level | Change |
|---|---|---|
| Gold, COMEX (Dec’26), dollars an ounce | 4,117.10 | +1.04% |
| Silver, COMEX (Dec’26), dollars an ounce | 52.74 | +1.53% |
| Brent Crude, ICE (Jan’27), dollars a barrel | 93.79 | -4.61% |
| WTI Crude, NYMEX (Dec’26), dollars a barrel | 87.70 | -3.45% |
| US Dollar Index (DXY) | 101.81 | -0.47% |
| Euro/Dollar | 1.1204 | +0.55% |
| Sterling/Dollar | 1.3419 | +0.52% |
| Dollar/Yen | 157.97 | -0.30% |
Intraday quotes at 17:20 GMT, the metals and crude as of 17:10 GMT, in fixed order; snapshots, not settlements, with the four futures measured against Friday 6 November’s official settlements and the dollar index and currencies against the feed’s previous closes.
Asia, session of Monday 9 November 2026
| Index | Close | Change |
|---|---|---|
| Taiex (Taiwan) | 41,661.70 | +4.94% |
| Topix (Japan) | 3,818.16 | +2.97% |
| Nikkei 225 (Japan) | 58,775.50 | +2.33% |
| Shanghai Composite (China) | 3,660.79 | +0.32% |
| Nifty 50 (India) | 25,044.65 | +0.23% |
| S&P/ASX 200 (Australia) | 9,029.70 | +0.10% |
| Hang Seng (Hong Kong) | 24,448.95 | -0.13% |
| Shenzhen Component (China) | 11,145.49 | -0.27% |
| Kospi (South Korea) | 5,018.85 | -0.81% |
Carried from our Asia Market Wrap of Monday 9 November 2026, gainers then losers; the Nifty 50 is measured against Sunday’s Diwali session close of 24,986.40, and Singapore did not trade on the public holiday after Deepavali.
Middle East, session of Monday 9 November 2026
| Index | Close | Change |
|---|---|---|
| EGX 30 (Egypt) | 51,414.93 | +1.19% |
| DFM General (Dubai) | 6,087.47 | +1.03% |
| FTSE ADX General (Abu Dhabi) | 9,483.09 | +0.96% |
| QE Index (Qatar) | 10,107.88 | +0.93% |
| Tadawul All Share (Saudi Arabia) | 10,106.72 | +0.90% |
| ASE Index (Jordan) | 4,087.87 | +0.29% |
| Boursa Kuwait All-Share (Kuwait) | 8,524.50 | +0.28% |
| Bahrain All Share (Bahrain) | 1,821.56 | +0.01% |
| MSX 30 (Oman) | 7,233.943 | -0.42% |
Carried from our Middle East Market Wrap of Monday 9 November 2026, gainers then losers. The Dubai, Bahrain and Amman pages print their changes without a sign and Cairo’s dated history prints closes only, with the direction from our arithmetic. Dubai and Abu Dhabi are measured against Friday 6 November’s closes, the others against Sunday 8 November’s.
What to watch: European Central Bank Executive Board member Philip Lane gives a keynote at the Bank of England Watchers Conference on Tuesday 10 November at 16:45 GMT. The US Bureau of Labor Statistics releases the October consumer price index the same day at 13:30 GMT.
Closes are from the exchanges’ own pages and, for the Stoxx indices, the administrator’s final values on the price feed, measured against Friday’s closes as published, with run lengths counted against The Edge’s published records; percentages and counts not attributed to a source are The Edge’s calculations.
How these wraps are prepared: Methodology.
Sources: Deutsche Boerse, London Stock Exchange, Euronext, Borsa Italiana, BME, SIX, STOXX, Reuters, CNBC, European Central Bank, US Bureau of Labor Statistics, The Edge.
