Milan

European markets rise as Milan, Paris, London advance

Italy's FTSE-Mib index gains 1.8%

European markets rise as Milan, Paris, London advance

Milan, April 19 - Markets advanced across Europe on Friday, paced by Milan's FTSE-Mib index, lifted by rising stock prices in France, Britain and Spain. Milan's FTSE-Mib index gained 1.8% to close at 15,760 points. 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 297 points with 10-year yields at 366. The Frankfurt Dax bourse bucked the general trend, falling 0.2% to 7,456 points, while the Paris Cac 40 gained 1.5% to close at 3,651 points. Madrid's Ibex index advanced 1.3% to 7,915 points. London's Ftse-100 stock market gained 0.7% to 6,286 points.

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