Italy's leading financial index rises during trading Tuesday
Spread between Italian, German bonds closes at 175 basis points11 March, 19:54
The FTSE Mib ended the trading day higher, rising by 0.39% to close at 20,833 points after national statistical agency Istat confirmed that Italy's economy grew slightly - about 0.1% - in the final quarter of last year compared with the previous quarter, proving a harsh two-year recession is over.
On the Italian bond market, the spread between Italy's benchmark 10-year bond and its ultra-safe German counterpart closed at 175 basis points, with the yield on Italy's 10-year paper ending trading at 3.39%.
The spread between lending rates in the two countries is an important indication of investor faith in the Italian economy.
On other European markets Spain's IBEX 35 fell by 0.31%, closing at 10,071 points and Frankfurt's DAX jumped by 0.46%, closing at 9,307.79 points.
In Paris, the CAC 40 fell by 0.48%, ending trading at 4,349.72 points, while in London, the FTSE index of leading British shares was unchanged on the day, closing at 6,685.52 points.