Investing.com – Italy equities were higher at the close on Friday, as gains in the Telecoms, Industrials and Oil & Gas sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 gained 0.05%.
The biggest gainers of the session on the Investing.com Italy 40 were Banca Pop Emilia Romagna (MI:EMII), which rose 1.59% or 0.090 points to trade at 5.745 at the close. CNH Industrial NV (MI:CNHI) added 1.47% or 0.125 points to end at 8.625 and Italgas SpA (MI:IG) was up 1.27% or 0.05 points to 3.82 in late trade.
Biggest losers included Yoox Net-A-Porter Group SpA (MI:YNAP), which lost 4.25% or 1.15 points to trade at 25.90 in late trade. UBI Banca (MI:UBI) declined 2.19% or 0.0800 points to end at 3.5800 and Unipol (MI:UNPI) shed 1.57% or 0.056 points to 3.520.
Declining stocks outnumbered rising ones by 168 to 167 and 24 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for March delivery was up 2.36% or 1.23 to $53.35 a barrel. Meanwhile, Brent oil for delivery in March rose 2.49% or 1.35 to hit $55.51 a barrel, while the February Gold contract rose 0.18% or 2.15 to trade at $1203.65 a troy ounce.
EUR/USD was up 0.15% to 1.0681, while EUR/GBP rose 0.24% to 0.8660.
The US Dollar Index was down 0.07% at 101.03.