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Italy shares higher at close of trade; Investing.com Italy 40 up 1.69%

Published 13/01/2017, 16:55
© Reuters.  Italy shares higher at close of trade; Investing.com Italy 40 up 1.69%
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Investing.com – Italy equities were higher at the close on Friday, as gains in the Technology, Financials and Telecoms sectors propelled shares higher.

At the close in Milan, the Investing.com Italy 40 added 1.69%.

The biggest gainers of the session on the Investing.com Italy 40 were UBI Banca (MI:UBI), which rose 9.59% or 0.2960 points to trade at 3.3840 at the close. Exor NV (MI:EXOR) added 6.73% or 2.69 points to end at 42.69 and Banca Pop Emilia Romagna (MI:EMII) was up 5.99% or 0.300 points to 5.310 in late trade.

Biggest losers included Leonardo Finmeccanica SpA (MI:LDOF), which lost 0.23% or 0.030 points to trade at 13.070 in late trade. Banca Monte dei Paschi di Siena SpA (MI:BMPS) unchanged 0.00% or 0.0000 points to end at 15.0800 and Salvatore Ferragamo (MI:SFER) gained 0.08% or 0.02 points to 24.65.

Advancing stocks outnumbered falling ones by 245 to 88 and 20 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for February delivery was down 0.77% or 0.41 to $52.60 a barrel. Meanwhile, Brent oil for delivery in March fell 0.59% or 0.33 to hit $55.68 a barrel, while the February Gold contract fell 0.45% or 5.35 to trade at $1194.45 a troy ounce.

EUR/USD was up 0.13% to 1.0626, while EUR/GBP fell 0.23% to 0.8706.

The US Dollar Index was down 0.11% at 101.35.

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