FTSE MIB
INDICES EuropeanFTSE MIB live quote, chart, and analysis.
FTSE MIB Chart
A descriptive read of FTSE MIB across timeframes — trend, momentum and key levels. Educational market analysis, not a buy or sell recommendation. How to read charts →
Economic Calendar
Next 7 days · medium & high impact for EUR
| Date / Time (UTC) | Currency | Impact | Event | Forecast | Previous |
|---|---|---|---|---|---|
2026-07-23 12:15 UTC | 🇪🇺 EUR | Main Refinancing Rate Euro Area | 2.40% | 2.40% | |
2026-07-23 12:15 UTC | 🇪🇺 EUR | Monetary Policy Statement Euro Area | - | - | |
2026-07-23 12:45 UTC | 🇪🇺 EUR | ECB Press Conference Euro Area | - | - | |
2026-07-24 07:15 UTC | 🇪🇺 EUR | French Flash Manufacturing PMI Euro Area | 51.2 | 50.7 | |
2026-07-24 07:15 UTC | 🇪🇺 EUR | French Flash Services PMI Euro Area | 47.7 | 47.4 | |
2026-07-24 07:30 UTC | 🇪🇺 EUR | German Flash Manufacturing PMI Euro Area | 50.5 | 50.0 | |
2026-07-24 07:30 UTC | 🇪🇺 EUR | German Flash Services PMI Euro Area | 49.0 | 46.8 |
Contract Specifications
About FTSE MIB
About the FTSE MIB
The FTSE MIB (Milano Indice di Borsa) is Italy’s primary stock market index, tracking the 40 most significant stocks listed on the Borsa Italiana (Italian Stock Exchange) in Milan. Italy has the third-largest economy in the Eurozone and the FTSE MIB reflects its economic strengths in banking, luxury fashion, automotive, energy, and industrial manufacturing. The index is heavily influenced by Italian banking sector health, which has been a persistent focus for European financial markets due to Italy’s historically high levels of non-performing loans and sovereign debt. Major components include Unicredit, Intesa Sanpaolo, Enel, Eni, Ferrari, and Stellantis, providing a diverse mix of financial, energy, luxury, and industrial exposure.
What Moves the FTSE MIB?
Italian Banking Sector
Banks represent a large share of the FTSE MIB, making the index particularly sensitive to credit conditions, non-performing loan ratios, and ECB banking supervision developments. Italian bank consolidation, capital raises, and changes in sovereign risk premiums (measured by the BTP-Bund spread) directly impact the index. When the BTP-Bund spread widens, indicating increased Italian sovereign risk, bank stocks and the FTSE MIB tend to decline.
ECB Monetary Policy and BTP-Bund Spread
ECB rate decisions affect the FTSE MIB through both standard equity valuation channels and the unique lens of Italian sovereign debt sustainability. Italy’s high debt-to-GDP ratio means that ECB policy tightening can widen BTP-Bund spreads, creating a negative feedback loop for Italian equities. Conversely, ECB bond-buying programs or anti-fragmentation tools support Italian assets and the FTSE MIB.
Italian Political Landscape
Italy’s dynamic political environment, including coalition government stability, fiscal policy decisions, EU budget negotiations, and structural reform progress, creates regular volatility. Italian general elections, government formation talks, and relationships with EU institutions on fiscal matters are key political risk events for the index.
Luxury and Industrial Sectors
Ferrari, one of the most valuable luxury brands in the world, and industrial companies like Stellantis (automotive), Leonardo (defense), and Prysmian (cables) provide the FTSE MIB with growth drivers beyond the banking sector. Global demand for Italian luxury goods and the health of European manufacturing influence these components.
Trading the FTSE MIB
The FTSE MIB is traded through futures on the Italian derivatives market (IDEM), ETFs, and CFDs. Borsa Italiana trading hours are 09:00-17:30 CET. The index can move 1-2% daily and is among the more volatile Eurozone indices due to its sovereign risk sensitivity. The BTP-Bund spread is an essential monitor for FTSE MIB traders, as widening spreads almost always coincide with index weakness. The FTSE MIB is favored by traders with conviction views on Italian banking recovery, Eurozone sovereign risk dynamics, and European political developments.