Market cap of the financial sector on Milan Stock Exchange 2017-2022

As of December 2022, the market capitalization of Italian companies active in the financial services sector listed on the Milan Stock Exchange (also known in Italy as Borsa Italiana) amounted to over 26 billion euros. Throughout the period considered, this was one of the lowest value registered since December 2018, when the market capitalization added up to approximately 24.2 billion euros. Among the companies active in the financial sector, banks reported the highest market capitalization. In fact, as of December 2022, banks listed on the Milan Stock Exchange registered a total market capitalization of over 94 billion euros.

 Milan Stock Exchange: a brief history 

The Milan Stock Exchange was founded in 1808 and was known as Borsa di Commercio di Milano, which means Milan’s commodities exchange. In the first five decades, it operated under the government. Only in 1859 did the first publicly traded company share list on the exchange. In the following years, banks and railway companies began joining the exchange, gradually attracting a diversity of issuers. In 1998, the exchange was privatized and changed its name to Milan Stock Exchange (Borsa Italiana in Italian). Since the end of 2007, the Milan Stock Exchange is part of the London Stock Exchange Group.

 London Stock Exchange 

The London Stock Exchange is among the largest stock exchange operators worldwide. As of September 2022, the number of companies trading on the London Stock Exchange stood at 1,970. These companies registered a combined market capitalization of just above 3.5 trillion British pounds and reached an average of almost one million trades daily.