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Milan bourse soars despite GDP data (2)

Bank stocks lead rally after Thursday's massive losses

Redazione Ansa

(see related) (ANSA) - Milan, February 12 - The Milan stock exchange regained some of the massive losses sustained on Thursday in early trading on Friday, with the FTSE MIB index climbing 3.06% despite disappointing GDP data for the final quarter of 2015.
    The rises were led by bank stocks, which have been pounded particularly hard in this week's market turbulence. Unicredit rose 7.9%, while Banco Popolare (5%) and Intesa Sanpaolo (4.8%) also gaining ground.
   

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