Italy shares higher at close of trade; Italy 40 up 1.11%

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Italy shares higher at close of trade; Italy 40 up 1.11%
Credit: © Reuters. – Italy equities were higher at the close on Friday, as gains in the Technology , Oil & Gas and Healthcare sectors propelled shares higher.

At the close in Milan, the Italy 40 gained 1.11% to hit a new 3-month high.

The biggest gainers of the session on the Italy 40 were STMicroelectronics (MI: STM ), which rose 4.47% or 0.550 points to trade at 12.860 at the close. Leonardo SpA (MI: LDOF ) added 3.98% or 0.302 points to end at 7.894 and Saipem SpA (MI: SPMI ) was up 3.96% or 0.1530 points to 4.0160 in late trade.

Biggest losers included Telecom Italia (MI: TLIT ), which lost 7.20% or 0.0379 points to trade at 0.4885 in late trade. Banco Bpm SpA (MI: BAMI ) declined 1.88% or 0.036 points to end at 1.857 and Bper Banca SpA (MI: EMII ) shed 0.59% or 0.018 points to 3.055.

Advancing stocks outnumbered falling ones by 247 to 113 and 36 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for February delivery was up 2.92% or 1.52 to $53.59 a barrel. Meanwhile, Brent oil for delivery in March rose 2.21% or 1.35 to hit $62.53 a barrel, while the February Gold Futures contract fell 0.78% or 10.05 to trade at $1282.25 a troy ounce.

EUR/USD was down 0.31% to 1.1360, while EUR/GBP rose 0.44% to 0.8810.

The US Dollar Index Futures was up 0.33% at 96.025.

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