FTSE MIB index
What is the FTSE MIB index?
It is the primary benchmark for Italian equity markets and comprises the 40 most liquid and highly-capitalised stocks listed on the Borsa Italiana, the Milan-based stock exchange. The FTSE MIB index contains some of the best-known names in Italian business and industry.
Where have you heard about the FTSE MIB Index?
As an investor, you may have been advised to put money into a tracker fund that follows the FTSE MIB index. Media coverage of relative stock-market performance across Europe is likely to refer to the index.
What you need to know about the FTSE MIB index.
The FTSE MIB describes itself as "the primary benchmark index for the Italian equity markets". It captures about 80 per cent of domestic market capitalisation. Companies on the index include Campari, Fiat Chrysler, Ferrari, Italgas, Telecom Italia, Mediaset and UniCredit. The index says its components are "derived from the universe of stocks trading on the Borsa Italiana" main equity market, and that it "seeks to replicate the broad sector weights of the Italian stock market". Borsa Italiana was merged with the London Stock Exchange in 2007.
Find out more about the FTSE MIB index.
The FTSE MIB index is a stock index. Learn more about stock indices here.