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European markets mixed: Milan and Germany's Dax advance

Madrid's Ibex gains while London's Ftse-100 is little changed

28 February, 19:47
European markets mixed: Milan and Germany's Dax advance (ANSA) - Milan, February 28 - Markets were mixed across Europe on Friday, with Milan's FTSE MIB index and Germany's Dax gaining and Madrid's Ibex index dropping. Italy's Ftse Mib index advanced 0.6% to 20,442 points. The yield spread between 10-year Italian bonds and the German benchmark equivalent, considered to be a barometer of Italy's borrowing costs in the eurozone crisis, closed at 185 points with 10-year yields at 3.5%.

The Frankfurt Dax bourse gained 1% to 9,692 points. Madrid's Ibex index dropped 0.5% to 10,114 points while London's Ftse-100 stock market was little changed at 6,809 points.

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