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Italy shares higher at close of trade; FTSE MIB up 0.60%

Published 02/06/2015, 17:35
© Reuters.  Italy shares higher at close of trade; FTSE MIB up 0.60%

Investing.com – Italy equities were higher at the close on Tuesday, as gains in the Telecoms, Financials and Oil & Gas sectors propelled shares higher.

At the close in Milan, the FTSE MIB gained 0.60%.

The biggest gainers of the session on the FTSE MIB were Telecom Italia (MILAN:TLIT), which rose 3.01% or 0.034 points to trade at 1.163 at the close. Saipem (MILAN:SPMI) added 2.75% or 0.32 points to end at 11.96 and Enel Green Power (MILAN:EGPW) was up 2.62% or 0.045 points to 1.764 in late trade.

Biggest losers included Banca Monte dei Paschi di Siena SpA (MILAN:BMPS), which lost 1.90% or 0.0350 points to trade at 1.8050 in late trade. Autogrill (MILAN:AGL) declined 1.89% or 0.16 points to end at 8.29 and Luxottica Group (MILAN:LUX) shed 1.70% or 1.05 points to 60.80.

Advancing stocks outnumbered falling ones by 248 to 195 and 8 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for July delivery was up 1.83% or 1.10 to $61.30 a barrel. Meanwhile, Brent oil for delivery in July rose 1.39% or 0.91 to hit $65.78 a barrel, while the August Gold contract rose 0.41% or 4.90 to trade at $1193.60 a troy ounce.

EUR/USD was up 2.24% to 1.1173, while EUR/GBP rose 1.15% to 0.7273.

The US Dollar Index was down 1.78% at 95.78.

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