RPT-BAG MILAN opens in sharp rise thanks to Asia, Wall Street – Reuters Italy

       

(Delete typo in headline)

       

MILAN, August 27 (Reuters) – Milan Stock Exchange opened higher, in a market reassured by the jump on Wall Street and Asian markets in the night, after the declines of the day recent concerns about the Chinese economy.

       

To support the equity also signals the ECB for a strengthened QE, but above the Fed with the exponent Dudley who yesterday called no more urgent a rate hike in September.

       

The list Italian salt in a combined, leaving in the background the stories about individual securities.

        
       

At 9.15 the FTSE Mib index increased by 1.9%, the AllShare 1.8%.

       

In Europe, the benchmark FTSEurofirst marks +2.4%.

        
       

BANK rising by about 2%, with Unicredit and INTESA SANPAOLO 1.8% approximately. More …