February 25, 2013 / 3:35 PM / 4 years ago

Italy stocks cut gains on hung parliament fears

MILAN, Feb 25 (Reuters) - Italian shares pared gains and the spread between Italian 10-year government bonds and equivalent German Bunds widened after projections put the centre right ahead in the Senate, contradicting earlier polls from a key parliamentary election.

The Milan blue-chip index was up 1.6 percent by 1526 GMT, having earlier gained nearly 4 percent. The spread widened back to 270 basis points after earlier dipping below 255 basis points.

Initial telephone polls had put the centre-left ahead in both the lower house and the Senate (upper house).

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below