Milan bourse makes big gains

FTSE Mib up 2.1% to 21,807 points, spread down

(ANSA) - Milan, June 11 - The Milan stock exchange was the best performer among Europe's big financial markets in early trading on Monday, with the FTSE Mib index up 2.1% to 21,807 points.
    The rises were driven by bank stocks with investors no longer fearing the end of the European Central Bank's quantitative easing programme.
    The spread between Italy's 10-year BTP bond and the German Bund was down to 246 basis points, with the yield on the Italian bond at 2.93%, after closing at 268 points on Friday.
   

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