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Italy shares higher at close of trade; Investing.com Italy 40 up 1.14%

Published 04/05/2018, 17:35
© Reuters.  Italy shares higher at close of trade; Investing.com Italy 40 up 1.14%
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Investing.com – Italy equities were higher at the close on Friday, as gains in the Chemicals, Telecoms and Travel & Leisure sectors propelled shares higher.

At the close in Milan, the Investing.com Italy 40 rose 1.14% to hit a new 52-week high.

The biggest gainers of the session on the Investing.com Italy 40 were Ferrari NV (MI:RACE), which rose 7.71% or 8.15 points to trade at 113.80 at the close. Fiat Chrysler Automobiles NV (MI:FCHA) added 3.24% or 0.602 points to end at 19.190 and Exor NV (MI:EXOR) was up 3.15% or 1.94 points to 63.62 in late trade.

Biggest losers included Moncler SpA (MI:MONC), which lost 2.27% or 0.83 points to trade at 35.67 in late trade. Salvatore Ferragamo (MI:SFER) declined 0.45% or 0.11 points to end at 24.60 and Generali (MI:GASI) shed 0.24% or 0.04 points to 16.78.

Advancing stocks outnumbered falling ones by 224 to 112 and 51 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for June delivery was up 1.97% or 1.35 to $69.78 a barrel. Meanwhile, Brent oil for delivery in July rose 1.59% or 1.17 to hit $74.79 a barrel, while the June Gold Futures contract fell 0.03% or 0.40 to trade at $1312.30 a troy ounce.

EUR/USD was down 0.38% to 1.1944, while EUR/GBP fell 0.08% to 0.8827.

The US Dollar Index Futures was up 0.25% at 92.51.

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