Italy shares higher at close of trade; Italy 40 up 0.49%

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Italy shares higher at close of trade; Italy 40 up 0.49%
Credit: © Reuters. – Italy equities were higher at the close on Wednesday, as gains in the Telecoms , Healthcare and Oil & Gas sectors propelled shares higher.

At the close in Milan, the Italy 40 gained 0.49% to hit a new 1-month high.

The biggest gainers of the session on the Italy 40 were Saipem SpA (MI: SPMI ), which rose 4.18% or 0.1350 points to trade at 3.3610 at the close. Moncler SpA (MI: MONC ) added 2.23% or 0.77 points to end at 35.23 and Salvatore Ferragamo (MI: SFER ) was up 2.16% or 0.50 points to 23.66 in late trade.

Biggest losers included Davide Campari Milano SpA (MI: CPRI ), which lost 2.19% or 0.14 points to trade at 6.24 in late trade. Pirelli & C SPA (MI: PIRC ) declined 2.06% or 0.15 points to end at 7.02 and Freni Brembo SpA (MI: BRBI ) shed 1.85% or 0.23 points to 12.18.

Advancing stocks outnumbered falling ones by 203 to 149 and 37 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for May delivery was up 1.79% or 1.19 to $67.71 a barrel. Meanwhile, Brent oil for delivery in June rose 1.51% or 1.08 to hit $72.66 a barrel, while the June Gold Futures contract rose 0.37% or 5.00 to trade at $1354.50 a troy ounce.

EUR/USD was up 0.13% to 1.2386, while EUR/GBP rose 0.57% to 0.8708.

The US Dollar Index Futures was up 0.08% at 89.29.

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