Milan MIB 30 - Investment & Finance Definition
A market capitalization-weighted index of the 30 top Italian companies traded on the Milan Stock Exchange. It had a base value of 10,000 on December 31, 1992. This index is revised twice a year, typically in March and September, based on companies’ liquidity and market capitalization.Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.