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Italy stocks higher at close of trade; Investing.com Italy 40 up 0.87%

Published 08/24/2016, 12:35 PM
Updated 08/24/2016, 12:35 PM
© Reuters.  Italy stocks higher at close of trade; Investing.com Italy 40 up 0.87%

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

At the close in Milan, the Investing.com Italy 40 gained 0.87%.

The best performers of the session on the Investing.com Italy 40 were Unicredit (MI:CRDI), which rose 8.04% or 0.1680 points to trade at 2.2580 at the close. Meanwhile, Banca Popolare di Milano Scarl (MI:PMII) added 3.46% or 0.0130 points to end at 0.3890 and Intesa Sanpaolo (MI:ISP) was up 3.04% or 0.0590 points to 1.9990 in late trade.

The worst performers of the session were Poste Italiane SpA (MI:PST), which fell 1.10% or 0.0700 points to trade at 6.2800 at the close. UnipolSai Assicurazioni SpA (MI:US) declined 1.08% or 0.016 points to end at 1.462 and Unipol (MI:UNPI) was down 1.06% or 0.026 points to 2.418.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 232 to 143 and 41 ended unchanged.

Crude oil for October delivery was down 2.99% or 1.44 to $46.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.88% or 0.94 to hit $49.02 a barrel, while the December Gold contract fell 1.13% or 15.15 to trade at $1330.95 a troy ounce.

EUR/USD was down 0.41% to 1.1260, while EUR/GBP fell 0.70% to 0.8505.

The US Dollar Index was up 0.26% at 94.75.

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