Domenica, 23 Settembre 2018
MILAN

European stocks little changed as ECB keeps rates on hold

English
© ANSA

(ANSA) - Milan, October 4 - Markets across Europe including
Milan’s FTSE MIB index were little changed on Thursday after the
European Central Bank kept its benchmark interest rates on hold
at 0.75%.
The Bank of England also left its benchmark interest rates
unchanged at a meeting today.
ECB president Mario Draghi confirmed the intent of the
Central Bank he heads to start buying euro member states’
government bonds as part of a wider plan to support the region’s
economies and the life of the single currency.
Italy's Ftse Mib index fell 0.2% to 15,511 points.
The spread between 10-year Italian bonds and the German
benchmark rose, amid investor concern about economic growth in
the 17-member euro region.
The spread, a barometer of Italy's borrowing costs in the
eurozone crisis, closed at 365 points with 10-year yields at
5.1%.
The Frankfurt Dax bourse dropped 0.2% to 7,305, while the
Paris Cac 40 Index fell 0.1% to 3,401 points.
Madrid's Ibex index contracted 0.2% to 7,812 points.
London's Ftse-100 stock market was unchanged at 5,827 points.

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