Venerdì, 19 Ottobre 2018

European markets rise on positive U.S. consumer spending


Milan, June 27 - Markets advanced across Europe on
Thursday, paced by Milan's FTSE MIB index, as stocks gained on
the back of a positive US economic data released on Thursday
showing consumer spending increased in the world's largest
economy in May.
Italy's FTSE MIB index advanced 0.4%, lifted by media
company Mediaset which jumped 7.8%, Banco Popolare which
advanced 3.5%, and Tenaris, which surged 2.9%.
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 at 284 points with 10-year
yields at 4.6%.
The Frankfurt Dax bourse advanced 0.6% to 7,990 points,
while the Paris Cac 40 Index gained 1% to 3,762 points. Madrid's
Ibex index fell 0.3% to 7,844 points.
London's Ftse-100 stock market advanced 1.3% to 6,243

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