Italy shares higher at close of trade; Italy 40 up 2.22%

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Italy shares higher at close of trade; Italy 40 up 2.22%
Credit: © Reuters. – Italy equities were higher at the close on Monday, as gains in the Technology , Industrials and Chemicals sectors propelled shares higher.

At the close in Milan, the Italy 40 rose 2.22% to hit a new 1-month high.

The biggest gainers of the session on the Italy 40 were CNH Industrial NV (MI: CNHI ), which rose 6.40% or 0.550 points to trade at 9.150 at the close. Banco Bpm SpA (MI: BAMI ) added 6.29% or 0.130 points to end at 2.198 and STMicroelectronics (MI: STM ) was up 6.02% or 0.780 points to 13.730 in late trade.

Biggest losers included Atlantia (MI: ATL ), which lost 0.94% or 0.17 points to trade at 17.94 in late trade. Telecom Italia (MI: TLIT ) declined 0.03% or 0.0002 points to end at 0.5746 and Snam SpA (MI: SRG ) gained 0.10% or 0.004 points to 3.875.

Advancing stocks outnumbered falling ones by 276 to 93 and 20 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for January delivery was up 2.96% or 1.51 to $52.44 a barrel. Meanwhile, Brent oil for delivery in February rose 2.64% or 1.57 to hit $61.03 a barrel, while the February Gold Futures contract rose 1.03% or 12.60 to trade at $1238.60 a troy ounce.

EUR/USD was up 0.34% to 1.1356, while EUR/GBP rose 0.42% to 0.8908.

The US Dollar Index Futures was down 0.37% at 96.838.

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