Closing changes for the main European bourses
- UK FTSE 100 +0.1%
- German DAX +0.5%
- French CAC +0.3%
- Italy MIB +0.9%
- Spain IBEX +0.1%
Italian stocks have made a nice move and a bit of a gap today. There's a lot of blue sky above in Italian stocks but the economy needs to get on the path to growth. The P/E is 11.76 with a trailing dividend of 4%. That compares to 18.5 and 1.95% in the S&P 500.