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Milan bourse posts fresh gains

Bank stocks soar

Redazione Ansa

(supersedes previous)(ANSA) - Milan, April 8 - The benchmark FSTE MIB index on the Milan stock exchange advanced by 3.47% before dropping to 3.27% in early afternoon trading Friday as bank stocks bounced back after Thursday's losses.
    BPER was up 12.9%, followed by Banco Popolare (+10.1%) and UniCredit and Ubi (+8.3%). BPM rose 7.6%, MPS was up 7%, Intesa added 6.2% and Mediobanca jumped by 5.9%. Telecom also posted gains (+5%). Mediaset advanced 4.5% as the board of directors is expected to greenlight a deal with Vivendi at today's meeting.
   

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