Italy shares higher at close of trade; Italy 40 up 1.28%

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Italy shares higher at close of trade; Italy 40 up 1.28%
Credit: © Reuters. – Italy equities were higher at the close on Friday, as gains in the Technology , Industrials and Financials sectors propelled shares higher.

At the close in Milan, the Italy 40 rose 1.28% to hit a new 3-month high.

The biggest gainers of the session on the Italy 40 were Buzzi Unicem (MI: BZU ), which rose 4.53% or 0.71 points to trade at 16.52 at the close. STMicroelectronics (MI: STM ) added 4.43% or 0.610 points to end at 14.375 and Bper Banca SpA (MI: EMII ) was up 4.37% or 0.132 points to 3.150 in late trade.

Biggest losers included Ferrari NV (MI: RACE ), which lost 1.07% or 1.06 points to trade at 97.98 in late trade. A2A (MI: A2 ) declined 0.99% or 0.015 points to end at 1.548 and Pirelli & C SPA (MI: PIRC ) shed 0.79% or 0.05 points to 6.04.

Advancing stocks outnumbered falling ones by 255 to 113 and 37 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for March delivery was up 1.07% or 0.57 to $53.70 a barrel. Meanwhile, Brent oil for delivery in March rose 0.82% or 0.50 to hit $61.59 a barrel, while the February Gold Futures contract rose 1.31% or 16.75 to trade at $1296.55 a troy ounce.

EUR/USD was up 0.88% to 1.1404, while EUR/GBP rose 0.14% to 0.8663.

The US Dollar Index Futures was down 0.73% at 95.593.

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