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19 August 20199.21 Milan Stock Exchange + 1%. Stable spread at 205 The Milan Stock Exchange opened up 0.9% at 20,506 points and immediately moved above 1%, supported by bank stocks: Banco Bpm (+ 2.46%), Finecobank (+2 , 1%), Intesa Sanpaolo (+ 2%) and Unicredit (+ 2.19%). The spread between German BTP and Bund remains stable at 205 basis points, with the Italian ten-year yield at 1.36%. The other European exchanges were also positive: London + 0.74%, Paris + 0.85% and Frankfurt + 1%.