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to June 2009) is the benchmark stock market index for the Borsa Italiana, the Italian national stock exchange, which superseded the MIB-30 in September 2004.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 100% owned by the Borsa Italiana's parent company London Stock Exchange Group.
For companies to be eligible on the index:
- 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
The following 40 listings make up the index following the quarterly review effective 19 December 2011, which saw Salvatore Ferragamo replace Fondiaria-Sai.