Milan

Milan bourse down, spread up amid M5S-League govt talks

FTSE Mib below 24,000 points, spread up to 142 points

Milan bourse down, spread up amid M5S-League govt talks

Milan, May 16 - The Milan stock exchange's FTSE MIB index shed 1.52% in early trading on Wednesday, taking it below the 24,000-points mark, as the anti-migrant, Euroskeptic League and the anti-establishment 5-Star Movement (M5S) continue government-formation talks. The spread between Italy's 10-year BTP bond and the German Bund rose to 142 basis points, up almost 12 points on Tuesday's close, with the yield up to 2.03%.

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