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Italy stocks higher at close of trade; Investing.com Italy 40 up 1.52%

Published 12/08/2016, 12:35 PM
Updated 12/08/2016, 12:35 PM
© Reuters.  Italy stocks higher at close of trade; Investing.com Italy 40 up 1.52%

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

At the close in Milan, the Investing.com Italy 40 added 1.52% to hit a new 6-months high.

The best performers of the session on the Investing.com Italy 40 were Banca Popolare di Milano Scarl (MI:PMII), which rose 10.09% or 0.0339 points to trade at 0.3700 at the close. Meanwhile, Banco Popolare Sc (MI:BAPO) added 9.75% or 0.208 points to end at 2.342 and Banca Mediolanum SpA (MI:BMED) was up 7.73% or 0.515 points to 7.175 in late trade.

The worst performers of the session were Terna (MI:TRN), which fell 2.10% or 0.088 points to trade at 4.104 at the close. Saipem (MI:SPMI) declined 1.94% or 0.0090 points to end at 0.4545 and Snam (MI:SRG) was down 1.09% or 0.040 points to 3.634.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 236 to 97 and 15 ended unchanged.

Crude oil for January delivery was up 1.51% or 0.75 to $50.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.25% or 0.66 to hit $53.66 a barrel, while the February Gold contract fell 0.39% or 4.65 to trade at $1172.85 a troy ounce.

EUR/USD was down 1.31% to 1.0614, while EUR/GBP fell 0.94% to 0.8438.

The US Dollar Index was up 0.89% at 101.17.

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