Italy’s stock market closed out 2025 with a clear message – the country’s corporate sector is bigger, more valuable, and more international than it was just a year ago. The combined value of companies listed on Borsa Italiana rose to about €808 billion, up €151 billion from 2024’s €657 billion – a +23% jump in a single year.
The rally also pushed Milan’s main index above 44,000 points at its peak, signaling a stronger mood around Italian assets and a market that is attracting deeper pools of capital. The most striking shift is who owns Italian listed companies. Foreign investors now hold the majority of the equity – 50.8% of total market capitalization, up from 48.6% the previous year.
