Italy shares higher at close of trade; Italy 40 up 0.76%

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Italy shares higher at close of trade; Italy 40 up 0.76%
Credit: © Reuters. – Italy equities were higher at the close on Wednesday, as gains in the Financials , Oil & Gas and Telecoms sectors propelled shares higher.

At the close in Milan, the Italy 40 gained 0.76% to hit a new 52-week high.

The biggest gainers of the session on the Italy 40 were Banco Bpm (MI: BAMI ), which rose 4.78% or 0.130 points to trade at 2.852 at the close. Intesa Sanpaolo (MI: ISP ) added 4.58% or 0.130 points to end at 2.970 and Bper Banca SpA (MI: EMII ) was up 3.98% or 0.172 points to 4.492 in late trade.

Biggest losers included A2A (MI: A2 ), which lost 2.80% or 0.044 points to trade at 1.529 in late trade. Pirelli & C SPA (MI: PIRC ) declined 2.45% or 0.19 points to end at 7.75 and Snam (MI: SRG ) shed 2.12% or 0.088 points to 4.054.

Declining stocks outnumbered rising ones by 212 to 148 and 32 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for February delivery was up 0.60% or 0.38 to $63.34 a barrel. Meanwhile, Brent oil for delivery in March rose 0.20% or 0.14 to hit $68.96 a barrel, while the February Gold Futures contract rose 0.27% or 3.60 to trade at $1317.30 a troy ounce.

EUR/USD was up 0.21% to 1.1961, while EUR/GBP rose 0.40% to 0.8851.

The US Dollar Index Futures was down 0.23% at 92.02.

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