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Italy shares higher at close of trade; Investing.com Italy 40 up 1.56%

Published 12/04/2016, 02:35 am
© Reuters.  Italy shares higher at close of trade; Investing.com Italy 40 up 1.56%
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Investing.com – Italy equities were higher at the close on Monday, as gains in the Financials, Industrials and Technology sectors propelled shares higher.

At the close in Milan, the Investing.com Italy 40 rose 1.56%.

The biggest gainers of the session on the Investing.com Italy 40 were Banco Popolare (MI:BAPO), which rose 10.30% or 0.5010 points to trade at 5.3650 at the close. Banca Monte dei Paschi di Siena SpA (MI:BMPS) added 9.78% or 0.0460 points to end at 0.5165 and UBI Banca (MI:UBI) was up 7.00% or 0.2140 points to 3.2700 in late trade.

Biggest losers included Campari (MI:CPRI), which lost 1.60% or 0.14 points to trade at 8.61 in late trade. UnipolSai Assicurazioni SpA (MI:US) declined 1.54% or 0.031 points to end at 1.985 and Azimut Holding (MI:AZMT) shed 0.54% or 0.11 points to 20.24.

Advancing stocks outnumbered falling ones by 292 to 114 and 13 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.61% or 0.64 to $40.36 a barrel. Meanwhile, Brent oil for delivery in June rose 1.88% or 0.79 to hit $42.73 a barrel, while the June Gold contract rose 1.25% or 15.50 to trade at $1259.30 a troy ounce.

EUR/USD was up 0.12% to 1.1416, while EUR/GBP fell 0.76% to 0.8017.

The US Dollar Index was down 0.30% at 93.94.

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