European markets close higher. Spread still down at 115 basis points

2021-11-05T17:00:12.368Z

European stock exchanges closed with a rise. Milan the best with + 1.00%; Paris also rises sharply while Frankfurt is in contrast, stopping just above par after disappointing data on industrial production in Germany. In Piazza Affari, in particular, the stock of Telecom Italia runs, which earns almost 5 percent on press rumors on the interest of the American fund Kkr for an increase in its stake in FiberCop, the management company of the fiber optic network. The stock, which at the beginning of the week had reached an all-time low, has now recovered all the lost ground. Overseas, Wall Street slows down slightly, while remaining sharply higher. Dow Jones at + 0.63%, Nasdaq at + 0.38%. On the government bond side, the spread between btp and German bund closes down again, at 115 basis points.The yield on the Italian ten-year in one week fell by 35 hundredths of a point, from 1.23% to 0.88%.