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Italy shares higher at close of trade; Investing.com Italy 40 up 1.39%

Published 16/06/2016, 02:35 am
© Reuters.  Italy shares higher at close of trade; Investing.com Italy 40 up 1.39%
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Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Chemicals, Financials and Utilities sectors propelled shares higher.

At the close in Milan, the Investing.com Italy 40 rose 1.39%.

The biggest gainers of the session on the Investing.com Italy 40 were Banco Popolare (MI:BAPO), which rose 7.10% or 0.1740 points to trade at 2.6240 at the close. Banca Popolare Milano (MI:PMII) added 5.66% or 0.0235 points to end at 0.4387 and Leonardo Finmeccanica SpA (MI:LDOF) was up 3.93% or 0.355 points to 9.385 in late trade.

Biggest losers included Anima Holding SpA (MI:ANIM), which lost 2.07% or 0.10 points to trade at 4.54 in late trade. UnipolSai Assicurazioni SpA (MI:US) declined 1.13% or 0.017 points to end at 1.485 and Mediaset (MI:MS) shed 0.45% or 0.016 points to 3.514.

Advancing stocks outnumbered falling ones by 241 to 168 and 20 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.66% or 0.32 to $48.17 a barrel. Meanwhile, Brent oil for delivery in August fell 1.28% or 0.64 to hit $49.19 a barrel, while the August Gold contract fell 0.07% or 0.95 to trade at $1287.15 a troy ounce.

EUR/USD was up 0.29% to 1.1240, while EUR/GBP fell 0.08% to 0.7933.

The US Dollar Index was down 0.20% at 94.84.

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