Lunedì, 22 Ottobre 2018

European markets rise on spate of positive economic data


Milan, May 10 - Markets gained across Europe on
Thursday, paced by Milan's FTSE-Mib index, as stocks benefited
from a spate of positive economic data released on Friday as
well as earlier this week.
German data showed local industrial production gained 1.2%
in March, while exports for Europe's largest economy increased
UK industrial in the period increased 0.7%, a report on
Thursday showed.
Chinese exports in the period gained 14.7%, fuelling growth
in the world's second-largest economy.
Milan's FTSE-Mib index gained 1.1% to 17,284 points.
The yield spread between 10-year Italian bonds and the
German benchmark equivalent, a barometer of Italy's borrowing
costs in the eurozone crisis, closed down at 255 points with
10-year yields at 3.9%.
The Frankfurt Dax bourse advanced 0.2% %to 8,278, while the
Paris Cac 40 Index gained 0.6% to 3,953 points.
London's Ftse-100 stock market advanced 0.5% to 6,624
Madrid's Ibex index bucked the trend, dropping 0.3% to
8,544 points.

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