The companies that make up the FTSE MIB in 2023

What is the FTSE MIB?

The FTSE MIB is the main index of the Italian stock market. It was previously known as the S&P MIB. Since June 2009, it has been managed by the Financial Times Stock Exchange Group. The index was created to track the performance of stocks listed on the Milan Stock Exchange.

In addition, the FTSE MIB is the benchmark for the Italian stock markets. This index includes the 40 largest stocks listed on the Italian stock exchange. These correspond to the companies included in the index. They are selected according to a weighting principle proportional to the size of their market capitalisation.
However, this selection is made taking into account the liquidity of the securities as well as the importance of the sector of activity. In addition, the 40 stocks in the FTSE MIB alone account for over 80% of the national market capitalisation.

How is the FTSE MIB index calculated?

The principle used to calculate the FTSE MIB index is based on the free float method. The free float method helps to determine the number of shares available in a market to be bought or sold. In comparison, the total market capitalisation is the calculation of all available and outstanding shares.

Furthermore, the value of each stock is constantly changing. As a result, the market capitalisations making up the FTSE MIB are also constantly changing. It should be noted that the free float market capitalisation only takes into account the shares of the companies present on the stock market. It does not therefore include all the shares of these companies.

To trade any of the stocks that make up the FTSE MIB, you must wait for the Italian Stock Exchange to open. You can trade every day from Monday to Friday, from 9am to 5.30pm. As Italy is the issuing country of this index, its quotation currency is the Euro.

About the composition of the FTSE MIB

The FTSE MIB comprises 40 companies listed on the Milan Stock Exchange. They are selected from different sectors and according to a specific principle. The aim is to create a well-balanced mix in which the Italian economy and market are well represented.

Among the stocks that make up this index, various sectors of activity are represented. Among the stocks that make up this index, various sectors of activity are represented, such as car manufacturing, banks, energy, etc.

The stocks that make up the FTSE MIB

Here is the list of these companies with their market capitalisation on 27 February 2023.

• A2A Group with a market capitalisation of EUR 4.449 billion.
• The Amplifon Group with a market capitalisation of EUR 6.422 billion.
• The Azimut Group with a market capitalisation of EUR 3,240 billion.
• The Banca Generali Group with a market capitalisation of 3.868 billion euros.
• The Banca Mediolanum Group with a market capitalisation of EUR 7,042 billion.
• The Banco BPM Group with a market capitalisation of EUR 6.356 billion.
• The BPER group with a market capitalisation of 3,848 billion euros.
• The Buzzi Unicem Group with a market capitalisation of EUR 4.246 billion.
• The CNH Industrial group with a market capitalisation of 22,140 billion euros.
• The Campari Group with a market capitalisation of 12.417 billion euros.
• The Diasorin group with a market capitalisation of 6,382 billion euros.
• The ENEL group with a market capitalisation of 56,105 billion euros.
• The ENI group with a market capitalisation of 46.834 billion euros.
• The ERG group with a market capitalisation of 4,323 billion euros.
• The Ferrari group with a market capitalisation of 47,098 billion euros.
• The Finecobank group with a market capitalisation of 10,171 billion euros.
• The Generali group with a market capitalisation of EUR 24,491 billion.
• The Hera Group with a market capitalisation of EUR 3,853 billion.
• The Interpump Group with a market capitalisation of 5,656 billion euros.
• The Intesa Sanpaolo Group with a market capitalisation of EUR 47,882 billion.
• The Inwit Group with a market capitalisation of 10.426 billion euros.
• The Italgas group with a market capitalisation of 4,578 billion euros.
• The Iveco group with a market capitalisation of 2,504 billion euros.
• The Leonardo Group with a market capitalisation of 6,355 billion euros.
• The Mediobanca group with a market capitalisation of 8,718 billion euros.
• The Moncler Group with a market capitalisation of 16.429 billion euros.
• The Nexi group with a market capitalisation of 10,281 billion euros.
• The Pirelli & C group with a market capitalisation of 5.03 billion euros.
• Poste Italiane Group with a market capitalisation of EUR 13.504 billion.
• The Prysmian Group with a market capitalisation of EUR 9.958 billion.
• The Recordati Ord Group with a market capitalisation of 8.548 billion euros.
• The SAIPEM group with a market capitalisation of EUR 3,129 billion.
• The SNAM group with a market capitalisation of EUR 16,564 billion.
• The Stellantis group with a market capitalisation of EUR 54.575 billion.
• The STMicroelectronics group with a market capitalisation of EUR 42.739 billion.
• The Telecom Italia group with a market capitalisation of EUR 6,827 billion.
• The Tenaris Group with a market capitalisation of EUR 19,530 billion.
• The Terna group with a market capitalisation of 15,206 billion euros.
• The Unicredit group with a market capitalisation of 37,235 billion euros.
• The Unipol group with a market capitalisation of 3.70 billion euros.