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Milan bourse slumps, spread rises amid Ukraine fears

FTSE Mib sheds 2.04% by close of trading

Redazione Ansa

(ANSA) - ROME, FEB 14 - The Milan stock exchange's FTSE Mib index shed 2.04% Monday after earlier being as far down as 3.7% in early trading, a loss that was in line with those registered on other European markets, amid fears of war in Ukraine.
    The spread between Italy's 10-year BTP bond and the German Bund rose to 171 basis points, up from 165 at the end of business on Friday.
    The yield on the BTP was 1.95% by the close, its highest since May 2020.. (ANSA).
   

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