MILAN: Italian stocks shot up almost 3.0 percent on Monday after opening down 0.09 percent, following assurances from the European Central Bank that it would intervene to boost crisis-hit eurozone bond markets.
The benchmark FTSE Mib index in Milan later eased to show a gain of 1.93 percent, with other European markets also holding up reasonably well after heavy losses in Asian trade earlier.
Copyright AFP (Agence France-Presse), 2010
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