Italy shares higher at close of trade; Italy 40 up 0.51%

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Italy shares higher at close of trade; Italy 40 up 0.51%
Credit: © Reuters. – Italy equities were higher at the close on Monday, as gains in the Telecoms , Financials and Industrials sectors propelled shares higher.

At the close in Milan, the Italy 40 added 0.51% to hit a new 1-month high.

The biggest gainers of the session on the Italy 40 were Telecom Italia (MI: TLIT ), which rose 4.01% or 0.0212 points to trade at 0.5498 at the close. Banco Bpm SpA (MI: BAMI ) added 3.60% or 0.080 points to end at 2.300 and Mediaset SpA (MI: MS ) was up 2.90% or 0.074 points to 2.625 in late trade.

Biggest losers included STMicroelectronics (MI: STM ), which lost 2.17% or 0.345 points to trade at 15.550 in late trade. Ferrari NV (MI: RACE ) declined 1.40% or 1.60 points to end at 112.95 and Leonardo SpA (MI: LDOF ) shed 0.83% or 0.085 points to 10.175.

Advancing stocks outnumbered falling ones by 220 to 132 and 34 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for November delivery was down 0.51% or 0.35 to $68.42 a barrel. Meanwhile, Brent oil for delivery in November fell 0.28% or 0.22 to hit $77.87 a barrel, while the December Gold Futures contract rose 0.52% or 6.30 to trade at $1207.40 a troy ounce.

EUR/USD was up 0.58% to 1.1690, while EUR/GBP fell 0.06% to 0.8888.

The US Dollar Index Futures was down 0.47% at 94.06.

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