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Italy shares higher at close of trade; Investing.com Italy 40 up 0.03%

Published 22/04/2016, 17:35
© Reuters.  Italy shares higher at close of trade; Investing.com Italy 40 up 0.03%
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Investing.com – Italy equities were higher at the close on Friday, as gains in the Oil & Gas, Financials and Industrials sectors propelled shares higher.

At the close in Milan, the Investing.com Italy 40 added 0.03% to hit a new 1-month high.

The biggest gainers of the session on the Investing.com Italy 40 were Mediobanca (MI:MDBI), which rose 4.36% or 0.305 points to trade at 7.305 at the close. Poste Italiane SpA (MI:PST) added 1.63% or 0.1050 points to end at 6.5650 and Banco Popolare (MI:BAPO) was up 1.38% or 0.0850 points to 6.2450 in late trade.

Biggest losers included Telecom Italia (MI:TLIT), which lost 3.09% or 0.0285 points to trade at 0.8945 in late trade. Yoox Net-A-Porter Group SpA (MI:YNAP) declined 2.61% or 0.71 points to end at 26.50 and Fiat Chrysler Automobiles NV (MI:FCHA) shed 2.38% or 0.1750 points to 7.1800.

Declining stocks outnumbered rising ones by 213 to 186 and 21 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for June delivery was up 1.69% or 0.73 to $43.91 a barrel. Meanwhile, Brent oil for delivery in June rose 1.80% or 0.80 to hit $45.33 a barrel, while the June Gold contract fell 1.24% or 15.50 to trade at $1234.80 a troy ounce.

EUR/USD was down 0.54% to 1.1227, while EUR/GBP fell 0.93% to 0.7808.

The US Dollar Index was up 0.52% at 95.11.

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