Lunedì, 15 Ottobre 2018

European stocks mixed, Italian share index advances


Milan, May 16 - Markets were mixed across Europe
on Thursday. Milan's FTSE MIB index gained, lifted by media
company Mediaset on positive expectations of its cost-cutting
plans and also on the back of its first quarter earnings
released earlier this week.
Italy's Ftse Mib index rose 0.3% to 17,544 points.
Mediaset advanced 6% to 2.49 euros, bringing its gains in
the past two sessions to 15% amid good reaction to its first
quarter results released earlier this week and on the back of
positive reports by analysts at Morgan Stanley and Hsbc that
highlighted the efficiency of its cost cutting plans.
The yield spread between 10-year Italian bonds and the
German benchmark equivalents, a barometer of Italy's borrowing
costs in the eurozone crisis, closed at 264 points with 10-year
yields under 4%.
The Frankfurt Dax bourse was little changed at 8,369
points, as was the Paris Cac 40 Index at 3,979 points.
Madrid's Ibex index dropped 0.5% to 8,540 points. London's
Ftse-100 stock market was little changed at 6,687 points.

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