Milan

Milan bourse gains 3%, London, Madrid up

Markets buoyed by Draghi's comments on monetary policy

Milan bourse gains 3%, London, Madrid up

Milan, July 4 - Milan's FTSE-Mib index gained as much as 3% in afternoon trading Thursday, overtaken in Europe only by London's FTSE-100 stock market and Madrid's Ibex Index, which gained 3.1% and 3.3% respectively. Shares were lifted by comments made by European Central Bank governor Mario Draghi, who indicated the ECB plans to maintain an accommodating monetary policy going forward.

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