The value of the capitalization of Borsa Italiana
At the end of 2024, the capitalization of Borsa Italiana reached a value of 836 billion euros, as reported in the CONSOB Statistical Bulletin. This data includes the results of EGM, the platform dedicated to small and medium-sized enterprises, and Vorvel, where securities of smaller banks are traded. The growth in capitalization is a positive sign for the market, showing an increase of 4% compared to the previous year, with an increase of 12% for Italian listed companies
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Relationship between capitalization and GDP
The ratio between the capitalization of the Italian Stock Exchange and the Gross Domestic Product (GDP) grew to 38.1%, an increase compared to 37.5%% at the end of 2023. This data suggests a greater integration of the stock market with the real economy, a crucial aspect for the country’s stability and economic growth. The growth in capitalization is accompanied by a significant increase in trading volumes, with an increase of 17% for equities and an astonishing 77% for Italian government bonds
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Market dynamics and future challenges
Despite the positive data, the market also faces challenges. The number of companies leaving the list is increasing, with a negative balance of -15 between new revenues and delisting. This phenomenon is not isolated, but it reflects a larger trend affecting mature financial markets in Europe and North America.
However, the number of companies listed on Euronext Growth Milan reached a total of 209, marking a positive balance of +7 new revenues.
Conclusions on the market outlook
In summary, while the capitalization of Borsa Italiana shows signs of growth and resilience, the challenges related to delistings and international competition require attention. Investors and analysts will need to closely monitor these dynamics to understand the future prospects of the market. The continuous evolution of the Italian financial landscape will be decisive for its development and for investor confidence.