Italy shares higher at close of trade; Italy 40 up 1.88%

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Italy shares higher at close of trade; Italy 40 up 1.88%
Credit: © Reuters. – Italy equities were higher at the close on Wednesday, as gains in the Financials , Utilities and Technology sectors propelled shares higher.

At the close in Milan, the Italy 40 rose 1.88%.

The biggest gainers of the session on the Italy 40 were Prysmian (MI: PRY ), which rose 5.00% or 0.80 points to trade at 16.68 at the close. Intesa Sanpaolo SpA (MI: ISP ) added 4.08% or 0.079 points to end at 2.013 and Poste Italiane SpA (MI: PST ) was up 4.03% or 0.264 points to 6.822 in late trade.

Biggest losers included Salvatore Ferragamo SpA (MI: SFER ), which lost 7.32% or 1.44 points to trade at 18.24 in late trade. Ferrari NV (MI: RACE ) declined 0.34% or 0.32 points to end at 93.12 and Saipem SpA (MI: SPMI ) gained 0.22% or 0.0080 points to 3.7270.

Advancing stocks outnumbered falling ones by 235 to 118 and 26 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.91% or 0.47 to $52.12 a barrel. Meanwhile, Brent oil for delivery in February rose 1.08% or 0.65 to hit $60.85 a barrel, while the February Gold Futures contract rose 0.21% or 2.60 to trade at $1249.80 a troy ounce.

EUR/USD was up 0.41% to 1.1363, while EUR/GBP fell 0.81% to 0.8990.

The US Dollar Index Futures was down 0.33% at 97.035.

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