FTSE MIB

The FTSE MIB (Milano Italia Borsa) (the S&P/MIB prior to June 2009) is the benchmark stock market index for the Borsa Italiana, the Italian national stock exchange, which superseded the MIB-30 in September 2004. The index consists of the 40 most-traded stock classes on the exchange. The index was administered by Standard & Poor's from its inception until June 2009, when this responsibility was passed to FTSE Group, which is 50% owned by the Borsa Italiana's parent company London Stock Exchange Group.

Eligibility

For companies to be eligible on the index:^[1]

• Company should be financially viable
• All long term shareholders owning more than 5% of the company are taken into consideration on the IWF.
• The most liquid stocks, which are representative of their industry sectors are represented
• All stocks on the Italian stock exchange are eligible for the index.
• At least 30% of the company's stock should be publicly floated

Components

The following 40 listings make up the index following the quarterly review effective 19 December 2011, which saw Salvatore Ferragamo replace Fondiaria-Sai.^[2]

References

External links

• Components of the MIB index from Borsa Italiana