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Italy stocks higher at close of trade; FTSE MIB up 1.28%

Published 07/15/2015, 12:35 PM
Updated 07/15/2015, 12:35 PM
Italy stocks higher at close of trade; FTSE MIB up 1.28%

Investing.com – Italy stocks were higher after the close on Wednesday, as gains in the Technology, Chemicals and Industrials sectors led shares higher.

At the close in Milan, the FTSE MIB gained 1.28%.

The best performers of the session on the FTSE MIB were Finmeccanica (MILAN:SIFI), which rose 3.16% or 0.380 points to trade at 12.410 at the close. Meanwhile, Luxottica Group (MILAN:LUX) added 3.15% or 1.95 points to end at 63.95 and Fiat Chrysler Automobiles NV (MILAN:FCHA) was up 3.03% or 0.400 points to 13.610 in late trade.

The worst performers of the session were Azimut Holding (MILAN:AZMT), which fell 1.98% or 0.49 points to trade at 24.21 at the close. Tod'S (MILAN:TOD) declined 1.33% or 1.15 points to end at 85.15 and Mediolanum (MILAN:MED) was down 1.14% or 0.085 points to 7.350.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 327 to 135 and 1 ended unchanged.

Shares in Finmeccanica (MILAN:SIFI) rose to 5-year highs; up 3.16% or 0.380 to 12.410. Shares in Luxottica Group (MILAN:LUX) rose to all time highs; up 3.15% or 1.95 to 63.95.

Crude oil for August delivery was down 2.43% or 1.29 to $51.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.97% or 1.16 to hit $57.52 a barrel, while the August Gold contract fell 0.68% or 7.90 to trade at $1145.60 a troy ounce.

EUR/USD was down 0.47% to 1.0958, while EUR/GBP fell 0.48% to 0.7007.

The US Dollar Index was up 0.46% at 97.25.

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