The companies that make up the FTSE MIB in 2021

  •   DEHOUI Lionel

Like many countries in the world, the Italian stock market also has its own benchmark index. This is the FTSE MIB, which is representative of the Italian economy. If you want to invest in this index online, here is everything you need to know about its composition.  

72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. This is an advert for trading CFDs on Plus500
The companies that make up the FTSE MIB in 2021

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 until the Italian Stock Exchange is 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 as at 8 October 2021.

  • A2A Group with a market capitalisation of EUR 5.64 billion.
  • The Amplifon Group with a market capitalisation of EUR 9.37 billion.
  • The Atlantia Group with a market capitalisation of EUR 13.49 billion.
  • The Azimut Group with a market capitalisation of EUR 3.38 billion.
  • The Banca Generali Group with a market capitalisation of 4.43 billion euros.
  • The Banca Mediolanum Group with a market capitalisation of 7.19 billion euros.
  • The Banca Popolare Emilia Romagna Group with a market capitalisation of EUR 2.91 billion.
  • The Banco BPM Group with a market capitalisation of EUR 4.28 billion.
  • The Buzzi Unicem Group with a market capitalisation of EUR 3.82 billion.
  • The Campari Group with a market capitalisation of EUR 14.35 billion.
  • The CNH Industrial group with a market capitalisation of 19.67 billion euros.
  • The Diasorin group with a market capitalisation of 9.60 billion euros.
  • The ENEL group with a market capitalisation of EUR 70.26 billion.
  • The ENI group with a market capitalisation of 42.53 billion euros. 
  • The Exor group with a market capitalisation of 17.59 billion euros.
  • The Ferrari group with a market capitalisation of 35.68 billion euros.
  • The Finecobank Group with a market capitalisation of EUR 9.66 billion.
  • The Generali Ass Group with a market capitalisation of 29.72 billion euros.
  • The Hera Group with a market capitalisation of EUR 5.17 billion.
  • The Interpump Group with a market capitalisation of EUR 6.14 billion.
  • The Intesa Sanpaolo Group with a market capitalisation of EUR 48.90 billion.
  • The Inwit Group with a market capitalisation of EUR 9.20 billion.
  • The Italgas group with a market capitalisation of 4.48 billion euros.
  • The Leonardo Group with a market capitalisation of EUR 4.06 billion.
  • The Mediobanca group with a market capitalisation of 9.08 billion euros.
  • The Moncler Group with a market capitalisation of EUR 15.67 billion.
  • The Nexi group with a market capitalisation of 16.96 billion euros.
  • The Pirelli & C group with a market capitalisation of 5.01 billion euros.
  • Poste Italiane Group with a market capitalisation of EUR 15.88 billion.
  • The Prysmian Group with a market capitalisation of EUR 7.99 billion.
  • The Recordati Ord Group with a market capitalisation of EUR 10.06 billion.
  • The SAIPEM group with a market capitalisation of 2.12 billion euros.
  • The SNAM group with a market capitalisation of EUR 16.09 billion.
  • The Stellantis Group with a market capitalisation of EUR 52.16 billion.
  • The STMicroelectronics group with a market capitalisation of EUR 33.29 billion.
  • The Telecom Italia group with a market capitalisation of EUR 7.38 billion.
  • The Tenaris Group with a market capitalisation of EUR 10.91 billion.
  • The Terna group with a market capitalisation of 12.52 billion euros.
  • The Unicredit group with a market capitalisation of 26.55 billion euros.
  • The Unipol group with a market capitalisation of 3.80 billion euros.
72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. This is an advert for trading CFDs on Plus500