The FTSE Italia Mid Cap index represents a selection of the 60 most liquid and capitalized Italian stocks listed on the Euronext Milan and Euronext MIV Milan markets, but not included in the well-known FTSE MIB index. This index reflects the performance of medium-sized Italian companies and offers investors an overview of companies with significant growth potential and financial stability.
The companies featured are selected on the basis of their liquidity and market capitalization, allowing a representative view of the Italian mid-cap segment. This feature makes the FTSE Italia Mid Cap index particularly interesting for those seeking exposure to solid, but less mature Italian companies than those in the FTSE MIB.
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Real-time calculation and dissemination
The FTSE Italia Mid Cap Index is calculated and updated in real time during trading on Italian stock markets. Data are disseminated continuously until the close of the trading session, allowing investors and analysts to monitor the performance of mid-cap stocks in an accurate and timely manner. This continuous calculation is critical for those who want to strategically trade Italian mid-cap stocks and maximize their portfolios, relying on real-time updated data. At the end of the day, the final value is also published, providing a clear picture of the overall changes recorded during the trading session.
Filters on liquidity and free float
The FTSE Italia Mid Cap Index applies rigorous selection filters to ensure the representativeness and reliability of the stocks included. In particular, ample emphasis is placed on the liquidity of stocks and the size of the free float, i.e., the proportion of stocks actually available on the market to the public. These filters ensure that the stocks included in the index are easily tradable and have significant capitalization, making them suitable for short- and medium-term investment strategies. In other words, not all mid-sized companies can be included in the FTSE Italia Mid Cap: only those that meet the liquidity and free float criteria can be part of the index, thus ensuring stability and reliability of the index.
Exclusion of foreign companies and weighting limits
A distinctive feature of the FTSE Italia Mid Cap index is the exclusion of foreign companies. Only companies headquartered in Italy are eligible, ensuring that the index accurately reflects the Italian economy and market. In addition, no company can have a weight of more than 10 percent on the index (capping), limiting the influence of individual stocks. This weighting limit prevents one company from excessively influencing the overall performance of the index, offering investors a balanced representation of the Italian mid-cap sector.
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Giuseppe Fontana
I am a graduate in Sport and Sports Management and passionate about programming, finance and personal productivity, areas that I consider essential for anyone who wants to grow and improve. In my work I am involved in web marketing and e-commerce management, where I put to the test every day the skills I have developed over the years.
