Milan stocks leading European listings at +1.3%

IMG title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2014/02/wpid-cd37cbba336da59e1be710b6fdba38891.jpg” IMG class=hide alt=”Milan stocks leading European listings at +1.3%” src=”http://www.mineralfossil.com/wp-content/uploads/2014/02/wpid-cd37cbba336da59e1be710b6fdba38891.jpg” (ANSA) – Milan, February 12 – Italy’s main financial index led other European listings at the end of Wednesday’s trading, unfazed by a tense political scene at the domestic level. The FTSE Mib was up by 1.3% to 20,144 points. PIt was bolstered, as were other European indexes, by a speech from the new United States Federal Reserve chief Janet Yellen before the US Congress./PPMarkets were also encouraged by reassuring signals from China’s massive economy./PPGermany’s DAX was up by 0.65% to 9,540 points at the end of the day’s trading, France’s CAC 40 rose by 0.52% to 4,305.50 and London’s FTSE-100 gained 0.04% to 6,675.03. On the Italian bond market, the spread between Italy’s benchmark 10-year bond and its ultra-safe German counterpart dropped to just below 200 basis points, with the yield on Italy’s 10-year paper ending trading at 3.67%./PIMG id=mediaViewer title=”” alt=”” src=”http://www.mineralfossil.com/wp-content/uploads/2014/02/wpid-trasp56.gif”ALL RIGHTS RESERVED