Italy – FTSE MIB Index Live Chart
Major World Indices Live Quotes
About FTSE MIB Index
The FTSE MIB (Milano Italia Borsa) is the benchmark stock market index for the Borsa Italiana, the Italian stock exchange. The FTSE MIB index consists of the 40 most-traded stock classes on the exchange and Capturing approximately 80% of the domestic market capitalization. The FTSE MIB Index is market capitalization weighted after adjusting constituents for float. Individual constituent weights are capped at 15%. The FTSE MIB Index is calculated using a base-weighted aggregate methodology. This means the level of an index reflects the total float-adjusted market value of all of the constituent stocks relative to a particular base period. The total market value of a company is determined by multiplying the price of its stock by the number of shares in issue (net of treasury shares) after adjusting for float. An Indexed number is used to represent the result of this calculation in order to make the value easier to work with and track over time. The index is calculated in real time.
The FTSE MIB Index constituent shares are selected from the broad Italian equity universe, to ensure the index best represents the Italian equity markets for investors. All stocks, traded on Borsa Italiana’s MTA and MIV markets, except for savings shares and preferred shares, are eligible for inclusion in the FTSE MIB Index.
Trading hours- Opening auction: 8.30am – 9.00am (9.00.00 – 9.00.59), Continuous trading: 9.00am – 8.30pm.