Arab Today, arab today italy other european markets close lower
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Italy, other European markets close lower

Arab Today, arab today

Arab Today, arab today Italy, other European markets close lower

Rome - ANSA

Italian financial markets joined the rest of Europe in a weak showing Monday amid concerns about the outcome of the United States\' presidential election, fears for Spain\'s economy and weak Italian economic growth. In Milan, the FTSE Italia All-Share shed 1.39% to close trading Monday at 16,454.40 points while the FTSE MIB index fell by 1.43% to close at 15,544.44 points. Meanwhile, the spread between Italy\'s 10-year benchmark bond and its German counterpart closed at 356 basis points after rising to as high as 360 points during the day. The yield on 10-year Italian paper closed at 4.99%. The spread is an indicator of investor confidence in the outlook for the Italian economy and financial markets. Across Europe, markets declined as investors worried about the outcome of the U.S. presidential election Tuesday between the incumbent President Barack Obama and Republican challenger Mitt Romney. Meanwhile, the outlook for the Italian economy remains weak. The national statistical agency Istat warned Monday that Italy\'s gross domestic product (GDP) will drop 2.3% this year compared with 2011 and will be sluggish in 2013 despite \"a moderate recovery of economic activity in the second half\". Still, Italy should emerge from the recession it slipped into last year in the second half of 2013, Istat said. New fears are also rising concerning the outlook for Spain, which continues to postpone a decision on whether to formally request an aid package. In Madrid, the Ibex 35 lost 1.89% to close trading at 7,818.60 points. On the London Stock Exchange, the FTSE-100 index lost 0.50% to close at 5,839.06 points while in Paris, the CAC 40 lost 1.26% to close at 3,448.50 points and Frankfurt\'s DAX lost 0.51% to end trading at 7,326.47 points.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy other european markets close lower Arab Today, arab today italy other european markets close lower

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy other european markets close lower Arab Today, arab today italy other european markets close lower

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday