Banks, which led a rebound in the early part of the session and are now weighed down by the less-than-encouraging results of some large U.S. banks, led by JP Morgan, retrace above all.
The energy sector remains tonic thanks to the strength of crude oil.
Around 4 p.m., the Ftse Mib rose 0.2 percent.
SAIPEM and AMPLIFON remain at the top of the list with rises above 3 percent, INTERPUMP and STELLANTIS deteriorate, at -3.4 percent and -4.9 percent, respectively.
(Claudia Cristoferi, editing Stefano Bernabei)