Tuesday, 13 December 2016

Stocks across Europe had a killer day.

European stocks enjoyed a bumper day on Tuesday, with all major bourses closing the day deep into positive territory on a risk-on day for equities.

Stocks began the day slowly, but gradually gained as the day progressed.

The day's biggest winner was Italy's FTSE MIB, which climbed 2.27% to close at 18,787 points, boosted by the country's largest lender, and the country's only globally systemically important bank, Unicredit.


An even bigger winner in Italy on the day was media company Mediaset, which closed the day a huge 32% higher following news that the company is resisting a hostile takeover bid from French firm Vivendi.


By Will Martin.

Full story at Yahoo News.

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