Mercoledì, 19 Settembre 2018
MILAN

Milan, other European markets stagnant in Tuesday's trading

English
© ANSA

Milan, June 18 - Milan's leading financial market,
like many of its European counterparts, showed little movement
on Tuesday as investors seemed hesitant to commit.
The FTSE MIB recorded a very small gain of just 0.02% to
close at 16,197 points - essentially unchanged from one day
earlier.
Investors remained on the sidelines, watching to see what
signals will come from the United States Federal Reserve on the
future of its massive asset-buying program.
Some have been concerned that the American central bank,
which began a two-day meeting on Tuesday, is considering
suspending the program that has injected huge amounts of
liquidity into the economic system.
Meanwhile, the spread between Italy's 10-year bond and its
German counterpart closed at 272 basis points, essentially
unchanged from the previous day, while the yield on Italian
10-year paper also remained stable, closing at 4.28%.
The spread between lending rates in the two countries is
seen as an indication of investor faith in the Italian economy
and its ability to cope with a lingering recession.
On other European markets, Frankfurt's DAX edged up by
0.17%, closing at 8,229.51 points, Paris's CAC 40 slid lower by
0.08%, closing at 3,860.55 points, Spain's IBEX 35 gained 0.54%
to close at 8,180.20 points, and London's FTSE 100 rose by 0.69%
to end trading at 6,374.21.

© Riproduzione riservata

* Campi obbligatori

Immagine non superiore a 5Mb (Formati permessi: JPG, JPEG, PNG)
Video non superiore a 10Mb (Formati permessi: MP4, MOV, M4V)

X
ACCEDI

Accedi con il tuo account Facebook

Login con

Login con Facebook