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Italy stocks higher at close of trade; Investing.com Italy 40 up 1.56%

Published 09/02/2016, 12:35 PM
Updated 09/02/2016, 12:35 PM
© Reuters.  Italy stocks higher at close of trade; Investing.com Italy 40 up 1.56%

Investing.com – Italy stocks were higher after the close on Friday, as gains in the Oil & Gas, Utilities and Financials sectors led shares higher.

At the close in Milan, the Investing.com Italy 40 added 1.56% to hit a new 1-month high.

The best performers of the session on the Investing.com Italy 40 were Campari (MI:CPRI), which rose 3.40% or 0.33 points to trade at 10.03 at the close. Meanwhile, Mediaset (MI:MS) added 3.02% or 0.086 points to end at 2.936 and Intesa Sanpaolo (MI:ISP) was up 2.91% or 0.062 points to 2.192 in late trade.

The worst performers of the session were STMicroelectronics (MI:STM), which fell 2.69% or 0.180 points to trade at 6.510 at the close. Fiat Chrysler Automobiles NV (MI:FCHA) declined 0.75% or 0.045 points to end at 5.980 and FinecoBank Banca Fineco SpA (MI:FBK) was down 0.36% or 0.02 points to 5.49.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 277 to 121 and 27 ended unchanged.

Shares in Campari (MI:CPRI) rose to all time highs; gaining 3.40% or 0.33 to 10.03.

Crude oil for October delivery was up 2.97% or 1.28 to $44.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November rose 2.99% or 1.36 to hit $46.81 a barrel, while the December Gold contract rose 0.54% or 7.15 to trade at $1324.25 a troy ounce.

EUR/USD was down 0.38% to 1.1155, while EUR/GBP fell 0.50% to 0.8388.

The US Dollar Index was up 0.25% at 95.90.

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