Milan Stock Exchange: The Italian Index

The Milan Stock Exchange is currently the major Italian Stock Exchange and its market is called the ‘Borsa Italiana’. This Stock Exchange was created in 1997 and its major index is the FTSE MIB, previously called the ‘S & P MIB’. Here we offer you the opportunity to learn more about this Stock Exchange Index, its composition, history and some supplementary information that could be useful to you if you decide to trade in the MIB online to make profits.  

66% 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.


The FTSE MIB in detail:

Although the name FTSE MIB resembles that of the Footsie (or more correctly, the FTSE, the ‘Financial Times Stock Exchange’, commonly called the London Stock Exchange Index) these initials actually stand for ‘Milano Italia Borsa’, the major Italian Index. It was in 2009 that the old name, ‘S & P MIB’, was replaced with this new name.

The rate of the FTSE MIB is calculated on the capital of the 40 highest quoted companies on the National Stock Exchange level.


The shares of the Italian stock market:

The Italian stock market is made up of about a hundred shares from the biggest companies in Italy based on their total market capitalization, part of which includes the calculation of the FTSE MIB stock market index.

The Italian stock market index FTSE MIB represents the most important Italian companies. More specifically, it takes into account the securities of 40 companies that are part of it and whose share in the calculation of the index uses the system of ponderation proportional to the total volume of their capitalization.

These companies are selected according to the liquidity of the securities that they issue, but also according to their importance in the sector of activities that concerns them. In overall, these securities represent no less than 80% of the total market capitalization of the milan financial center.

Among the companies listed on the FTSE MIB, the most important ones are the ENI companies on the oil and gas sector, Intesa-Sanpaolo and Unicredit in the banking sector, Enel in the electricity sector and finally Generali in the sector of insurances.

The FTSE MIB index is monitored quarterly and is also an underlying asset in CFD trading.


Historical rates of the Milan Stock Exchange Index:

The FTSE MIB was quoted for the first time in 2005 at a rate of 33 073 points and followed a rising trend until 2007 when it reached its highest point at 44 360 points.

It was in March 2009 that the Italian Index reached its lowest historical rate of 12 895 points.

Following this period, the rate of the FTSE MIB progressively recovered some of the lost points and managed to slip above the 20 000 point level on several occasions. This hesitant phase continued up to December 2012.

It was in fact at the beginning of the year 2013 that the rate of the Italian Index began a new general rising trend. This highly volatile trend enabled it to cross the 20 000 point threshold, a major psychological level, in May 2015.

Concerning the opportunities for future growth of the FTSE MIB Index, the analysts forecasts are optimistic overall, but a slight temporary drop in the technical resistance level at 20 000 points may occur.

For short term traders, we can also observe frequent and highly volatile micro-movements on this asset.


Where to check the price of the shares of the Italian Stock market in real time?

The vast majority of online trading platforms allow you to consult the price of the shares of the Italian stock market in real time on their interface. You could therefore access it directly just by subscribing.

Other sites also show those quotes live and allow you to carry out technical analysis from the stock charts without even requiring you to register.


Trading on the MIB FTSE using CFDs:

To effect beneficial trading on the MIB FTSE, it would be advisable, as you already know, to use CFDs. But to best anticipate the future movements of this index you should take into account the following indicators: 

  • The economic health of Italy
  • The results of the sectors concerned
  • The ratings attributed by the rating agencies
  • The interest rates of Italian loans
  • The general market conditions (crisis, growth periods...)

This information should be coupled with the technical analyses of the rates.


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Trade in the Italian Index using CFDs:

The online brokers offer you the opportunity to speculate on the rise or fall in the rate of the Italian Milan stock market Index. Join now and take position on the FTSE MIB on an approved trading platform.

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66% 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.