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% – Italy equities were higher at the close on Thursday, as gains in the Utilities , Financials and Industrials sectors propelled shares higher.

At the close in Milan, the Italy 40 rose 0.51%.

The biggest gainers of the session on the Italy 40 were Italgas SpA (MI: IG ), which rose 1.93% or 0.096 points to trade at 5.080 at the close. Banca Mediolanum SpA (MI: BMED ) added 1.85% or 0.095 points to end at 5.235 and Enel (MI: ENEI ) was up 1.80% or 0.089 points to 5.020 in late trade.

Biggest losers included Saipem SpA (MI: SPMI ), which lost 4.59% or 0.1710 points to trade at 3.5560 in late trade. Buzzi Unicem (MI: BZU ) declined 2.30% or 0.35 points to end at 15.11 and Salvatore Ferragamo SpA (MI: SFER ) shed 1.97% or 0.36 points to 17.88.

Advancing stocks outnumbered falling ones by 196 to 168 and 19 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for January delivery was up 1.49% or 0.76 to $51.91 a barrel. Meanwhile, Brent oil for delivery in February rose 1.06% or 0.64 to hit $60.79 a barrel, while the February Gold Futures contract fell 0.22% or 2.80 to trade at $1247.20 a troy ounce.

EUR/USD was down 0.15% to 1.1351, while EUR/GBP fell 0.12% to 0.8992.

The US Dollar Index Futures was up 0.15% at 97.167.

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