Italiano

BItNotes n°2


BItNotes n°2
 
"Market capitalisation, institutional sectors and household portafoglio. An analysis of the recents trends for the italian equity market"
L.Filippa, A.Franzosi - November 2001

Abstract

During the second half of the 90s, Italian retail investors participation in equity markets has become an important phenomenon, driven by deep changes in households attitude towards investment in shares. Until now aggregate data to quantify its dimension were not available. First goal of this paper is to solve this lack of information, providing an estimate of the distribution of domestic market capitalisation among institutional sectors. The main result highlights that from the end of 1999 retail investors hold more than 26% of the total market capitalisation. This result is in line with main European equity markets, as explained by an international comparison. In the meanwhile, the weight of Italian listed shares in households portfolio grew up to a level close to that of Treasury bonds.

        Click here to download the paper:  PDF (380kb) (available only in Italian)

For further information please send an e-mail to: 
luca.filippa@borsaitaliana.it or alessandra.franzosi@borsaitaliana.it

Last update:  December 23 2005 - 10:20
Contacts
If you have a question regarding Statistics that is not covered in the FAQs above, please email us

FAQs
  • How frequently are the statistics files updated?
  • Where can I find the number of companies listed?
  • Do you publish data on PE Ratios?

View all




The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.