The Italian Securities Commission published its statistical bulletin for the second half of 2024, reporting that total equity market capitalisation on Piazza Affari rose to EUR 836 billion at end-2024, alongside a sharp increase in trading activity, particularly in Italian government bonds. The bulletin also records a continued net outflow of companies from the main market, while Euronext Growth Milan reached parity with the main market in the number of traded companies. Market capitalisation increased 4% versus end-2023, including a 12% rise for Italian listed companies, with the capitalisation-to-GDP ratio rising to 38.1% from 37.5%. Turnover in shares of Consob-supervised listed companies on domestic platforms rose 17% to EUR 656 billion, while Italian government bond trading value on Italian platforms climbed 77% to EUR 8,007 billion; trading in other Italian issuer bonds increased 5% and in securitised derivative instruments 44%. Net short positions rose to 1.2% of total market capitalisation from 0.8% a year earlier, while remaining at 0.8% for financial sector issuers. On Euronext Milan, two new listings and 17 delistings produced a net balance of -15, while Euronext Growth Milan increased to 209 companies with a net +7, bringing the total number of listed or traded companies across Euronext Milan, Euronext Growth Milan and Vorvel to 434, including 419 Italian companies.

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