Italy shares higher at close of trade; Italy 40 up 0.79%

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Italy shares higher at close of trade; Italy 40 up 0.79% – Italy equities were higher at the close on Wednesday, as gains in the Technology , Oil & Gas and Industrials sectors propelled shares higher.

At the close in Milan, the Italy 40 added 0.79% to hit a new 52-week high.

The biggest gainers of the session on the Italy 40 were Saipem SpA (MI: SPMI ), which rose 5.27% or 0.1900 points to trade at 3.7980 at the close. CNH Industrial NV (MI: CNHI ) added 2.55% or 0.280 points to end at 11.250 and Fiat Chrysler Automobiles NV (MI: FCHA ) was up 2.09% or 0.310 points to 15.150 in late trade.

Biggest losers included Davide Campari Milano SpA (MI: CPRI ), which lost 1.24% or 0.09 points to trade at 6.79 in late trade. Buzzi Unicem (MI: BZU ) declined 0.71% or 0.17 points to end at 23.76 and Luxottica Group (MI: LUX ) shed 0.53% or 0.26 points to 48.98.

Advancing stocks outnumbered falling ones by 234 to 126 and 16 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for December delivery was up 0.17% or 0.09 to $54.47 a barrel. Meanwhile, Brent oil for delivery in January fell 0.13% or 0.08 to hit $60.86 a barrel, while the December Gold Futures contract rose 0.57% or 7.29 to trade at $1277.79 a troy ounce.

EUR/USD was down 0.17% to 1.1626, while EUR/GBP fell 0.06% to 0.8763.

The US Dollar Index Futures was up 0.19% at 94.63.

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