Italy shares higher at close of trade; Italy 40 up 0.13%

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Italy shares higher at close of trade; Italy 40 up 0.13%
Credit: © Reuters. – Italy equities were higher at the close on Thursday, as gains in the Oil & Gas , Telecoms and Financials sectors propelled shares higher.

At the close in Milan, the Italy 40 rose 0.13% to hit a new 1-month high.

The biggest gainers of the session on the Italy 40 were Leonardo SpA (MI: LDOF ), which rose 1.54% or 0.150 points to trade at 9.916 at the close. Telecom Italia (MI: TLIT ) added 1.48% or 0.0126 points to end at 0.8624 and Unione di Banche Italiane SpA (MI: UBI ) was up 1.37% or 0.0550 points to 4.0670 in late trade.

Biggest losers included STMicroelectronics (MI: STM ), which lost 3.36% or 0.620 points to trade at 17.840 in late trade. Italgas SpA (MI: IG ) declined 1.42% or 0.074 points to end at 5.120 and Fiat Chrysler Automobiles NV (MI: FCHA ) shed 1.39% or 0.274 points to 19.422.

Declining stocks outnumbered rising ones by 211 to 131 and 34 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for May delivery was up 0.50% or 0.34 to $68.81 a barrel. Meanwhile, Brent oil for delivery in June rose 0.98% or 0.72 to hit $74.20 a barrel, while the June Gold Futures contract fell 0.49% or 6.60 to trade at $1346.90 a troy ounce.

EUR/USD was down 0.27% to 1.2340, while EUR/GBP fell 0.23% to 0.8693.

The US Dollar Index Futures was up 0.25% at 89.57.

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