Italy shares higher at close of trade; Italy 40 up 0.82%

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Italy shares higher at close of trade; Italy 40 up 0.82%
Credit: © Reuters. – Italy equities were higher at the close on Wednesday, as gains in the Technology , Financials and Travel & Leisure sectors propelled shares higher.

At the close in Milan, the Italy 40 rose 0.82% to hit a new 3-month high.

The biggest gainers of the session on the Italy 40 were STMicroelectronics (MI: STM ), which rose 5.07% or 0.700 points to trade at 14.510 at the close. UniCredit SpA (MI: CRDI ) added 4.36% or 0.4320 points to end at 10.3320 and Unione di Banche Italiane SpA (MI: UBI ) was up 3.73% or 0.0810 points to 2.2530 in late trade.

Biggest losers included Generali (MI: GASI ), which lost 0.59% or 0.09 points to trade at 15.23 in late trade. ENI (MI: ENI ) declined 0.54% or 0.08 points to end at 14.86 and Buzzi Unicem (MI: BZU ) shed 0.47% or 0.08 points to 16.80.

Advancing stocks outnumbered falling ones by 236 to 132 and 31 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for March delivery was up 0.69% or 0.37 to $54.03 a barrel. Meanwhile, Brent oil for delivery in April rose 1.06% or 0.66 to hit $62.64 a barrel, while the April Gold Futures contract fell 0.22% or 2.95 to trade at $1316.25 a troy ounce.

EUR/USD was down 0.32% to 1.1376, while EUR/GBP fell 0.35% to 0.8784.

The US Dollar Index Futures was up 0.21% at 96.023.

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