Italy shares higher at close of trade; Italy 40 up 1.39%

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Italy shares higher at close of trade; Italy 40 up 1.39%
Credit: © Reuters. – Italy equities were higher at the close on Wednesday, as gains in the Oil & Gas , Utilities and Financials sectors propelled shares higher.

At the close in Milan, the Italy 40 added 1.39%.

The biggest gainers of the session on the Italy 40 were Davide Campari Milano SpA (MI: CPRI ), which rose 3.59% or 0.26 points to trade at 7.36 at the close. Pirelli & C SPA (MI: PIRC ) added 3.42% or 0.21 points to end at 6.48 and Poste Italiane SpA (MI: PST ) was up 3.31% or 0.214 points to 6.684 in late trade.

Biggest losers included Freni Brembo SpA (MI: BRBI ), which lost 2.54% or 0.25 points to trade at 9.60 in late trade. STMicroelectronics (MI: STM ) declined 1.23% or 0.165 points to end at 13.275 and Tenaris (MI: TENR ) shed 0.93% or 0.12 points to 13.29.

Advancing stocks outnumbered falling ones by 253 to 100 and 29 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for December delivery was down 0.48% or 0.30 to $61.91 a barrel. Meanwhile, Brent oil for delivery in January rose 0.08% or 0.06 to hit $72.19 a barrel, while the December Gold Futures contract rose 0.46% or 5.60 to trade at $1229.40 a troy ounce.

EUR/USD was up 0.32% to 1.1463, while EUR/GBP fell 0.09% to 0.8717.

The US Dollar Index Futures was down 0.38% at 95.75.

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