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Italy shares higher at close of trade; Investing.com Italy 40 up 0.38%

Published 05/01/2017, 04:35 am
© Reuters.  Italy shares higher at close of trade; Investing.com Italy 40 up 0.38%
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Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Chemicals, Financials and Healthcare sectors propelled shares higher.

At the close in Milan, the Investing.com Italy 40 added 0.38% to hit a new 6-month high.

The biggest gainers of the session on the Investing.com Italy 40 were UBI Banca (MI:UBI), which rose 4.55% or 0.1300 points to trade at 2.9900 at the close. Salvatore Ferragamo (MI:SFER) added 4.17% or 0.95 points to end at 23.72 and Banca Mediolanum SpA (MI:BMED) was up 3.60% or 0.250 points to 7.200 in late trade.

Biggest losers included Saipem (MI:SPMI), which lost 2.37% or 0.0135 points to trade at 0.5570 in late trade. Brembo (MI:BRBI) declined 1.99% or 1.20 points to end at 59.15 and Moncler SpA (MI:MONC) shed 1.74% or 0.29 points to 16.38.

Declining stocks outnumbered rising ones by 165 to 165 and 20 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for February delivery was up 1.51% or 0.79 to $53.12 a barrel. Meanwhile, Brent oil for delivery in March rose 1.50% or 0.83 to hit $56.30 a barrel, while the February Gold contract rose 0.44% or 5.15 to trade at $1167.15 a troy ounce.

EUR/USD was up 0.69% to 1.0478, while EUR/GBP fell 0.02% to 0.8501.

The US Dollar Index was down 0.67% at 102.55.

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