×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

European shares extend gains; Italy, Spain rise

European shares extend gains; Italy, Spain rise
Comment E-mail Print Share
First Published: Wed, Nov 16 2011. 04 01 PM IST

Updated: Wed, Nov 16 2011. 04 01 PM IST
London: European shares extended gains on Wednesday, with Italian and Spanish stocks gaining as sovereign bond yields fell back from the alarmingly high levels that sparked a sell-off in equities in the previous two sessions.
At 3:38pm, the FTSEurofirst 300 index of top European shares was up 1 percent at 979.90 points.
Italy’s FTSE MIB and Spain’s IBEX 35 rose 2.8 and 2.1% respectively. Bond yields fell as the European Central Bank was seen buying Italian and Spain bonds, to help stem the crisis.
Comment E-mail Print Share
First Published: Wed, Nov 16 2011. 04 01 PM IST
More Topics: Markets Update | Europe | Stocks | FTSE | STOXX |