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Italy shares higher at close of trade; Investing.com Italy 40 up 0.05%

Published 11/07/2024, 17:05
Updated 11/07/2024, 17:07
© Reuters.  Italy shares higher at close of trade; Investing.com Italy 40 up 0.05%
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Investing.com – Italy equities were higher at the close on Thursday, as gains in the Telecoms, Chemicals and Industrials sectors propelled shares higher.

At the close in Milan, the Investing.com Italy 40 rose 0.05% to hit a new 1-month high.

The biggest gainers of the session on the Investing.com Italy 40 were Inwit (BIT:INWT), which rose 3.47% or 0.34 points to trade at 10.14 at the close. Iveco Group NV (BIT:IVG) added 2.85% or 0.31 points to end at 11.18 and Brunello Cucinelli (BIT:BCU) was up 2.29% or 2.10 points to 93.65 in late trade.

Biggest losers included Banco Bpm SpA (BIT:BAMI), which lost 1.49% or 0.09 points to trade at 6.22 in late trade. Ferrari NV (BIT:RACE) declined 1.43% or 5.70 points to end at 393.90 and Bper Banca SpA (BIT:EMII) shed 1.37% or 0.07 points to 5.20.

Advancing stocks outnumbered falling ones by 306 to 192 and 46 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for August delivery was up 0.51% or 0.42 to $82.52 a barrel. Meanwhile, Brent oil for delivery in September rose 0.36% or 0.31 to hit $85.39 a barrel, while the August Gold Futures contract rose 1.89% or 45.00 to trade at $2,424.70 a troy ounce.

EUR/USD was unchanged 0.35% to 1.09, while EUR/GBP unchanged 0.14% to 0.84.

The US Dollar Index Futures was down 0.60% at 104.11.

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