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Italy stocks higher at close of trade; Investing.com Italy 40 up 0.12%

Published 03/24/2017, 01:35 PM
Updated 03/24/2017, 01:35 PM
© Reuters.  Italy stocks higher at close of trade; Investing.com Italy 40 up 0.12%

© Reuters. Italy stocks higher at close of trade; Investing.com Italy 40 up 0.12%

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

At the close in Milan, the Investing.com Italy 40 gained 0.12% to hit a new 52-week high.

The best performers of the session on the Investing.com Italy 40 were STMicroelectronics (MI:STM), which rose 4.30% or 0.610 points to trade at 14.790 at the close. Meanwhile, Italgas SpA (MI:IG) added 3.59% or 0.14 points to end at 4.09 and Generali (MI:GASI) was up 1.32% or 0.19 points to 14.59 in late trade.

The worst performers of the session were Buzzi Unicem (MI:BZU), which fell 1.59% or 0.38 points to trade at 23.52 at the close. UnipolSai Assicurazioni SpA (MI:US) declined 1.45% or 0.030 points to end at 2.044 and Banca Pop Emilia Romagna (MI:EMII) was down 1.13% or 0.056 points to 4.902.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 198 to 159 and 6 ended unchanged.

Shares in STMicroelectronics (MI:STM) rose to 5-year highs; gaining 4.30% or 0.610 to 14.790. Shares in Italgas SpA (MI:IG) rose to all time highs; gaining 3.59% or 0.14 to 4.09.

Crude oil for May delivery was up 0.31% or 0.15 to $47.85 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.16% or 0.08 to hit $50.64 a barrel, while the April Gold Futures contract rose 0.08% or 1.05 to trade at $1248.25 a troy ounce.

EUR/USD was up 0.22% to 1.0807, while EUR/GBP rose 0.43% to 0.8649.

The US Dollar Index Futures was down 0.11% at 99.45.

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