Italy shares higher at close of trade; Italy 40 up 1.56%

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Italy shares higher at close of trade; Italy 40 up 1.56%
Credit: © Reuters. – Italy equities were higher at the close on Tuesday, as gains in the Chemicals , Telecoms and Travel & Leisure sectors propelled shares higher.

At the close in Milan, the Italy 40 added 1.56%.

The biggest gainers of the session on the Italy 40 were Telecom Italia (MI: TLIT ), which rose 5.95% or 0.0434 points to trade at 0.7722 at the close. Fiat Chrysler Automobiles NV (MI: FCHA ) added 5.67% or 0.916 points to end at 17.076 and Buzzi Unicem (MI: BZU ) was up 4.17% or 0.84 points to 20.97 in late trade.

Biggest losers included Luxottica Group (MI: LUX ), which lost 1.77% or 0.92 points to trade at 51.10 in late trade. Salvatore Ferragamo (MI: SFER ) declined 0.91% or 0.20 points to end at 21.83 and ENI (MI: ENI ) shed 0.51% or 0.07 points to 13.33.

Advancing stocks outnumbered falling ones by 292 to 61 and 28 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.14% or 0.09 to $62.48 a barrel. Meanwhile, Brent oil for delivery in May rose 0.20% or 0.13 to hit $65.67 a barrel, while the April Gold Futures contract rose 1.45% or 19.20 to trade at $1339.10 a troy ounce.

EUR/USD was up 0.65% to 1.2416, while EUR/GBP rose 0.38% to 0.8941.

The US Dollar Index Futures was down 0.50% at 89.51.

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