Italy stocks higher at close of trade; Investing.com Italy 40 up 1.53%

Investing.com

Published May 05, 2017 12:35PM ET

Italy stocks higher at close of trade; Investing.com Italy 40 up 1.53%

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

At the close in Milan, the Investing.com Italy 40 rose 1.53% to hit a new 52-week high.

The best performers of the session on the Investing.com Italy 40 were Intesa Sanpaolo (MI:ISP), which rose 2.97% or 0.082 points to trade at 2.842 at the close. Meanwhile, UBI Banca (MI:UBI) added 2.78% or 0.1100 points to end at 4.0600 and ENI (MI:ENI) was up 2.53% or 0.36 points to 14.59 in late trade.

The worst performers of the session were Moncler SpA (MI:MONC), which fell 3.02% or 0.71 points to trade at 22.80 at the close. A2A (MI:A2) declined 0.77% or 0.011 points to end at 1.420 and Leonardo SpA (MI:LDOF) was down 0.58% or 0.090 points to 15.340.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 225 to 129 and 21 ended unchanged.

Shares in Intesa Sanpaolo (MI:ISP) rose to 52-week highs; up 2.97% or 0.082 to 2.842. Shares in UBI Banca (MI:UBI) rose to 52-week highs; gaining 2.78% or 0.1100 to 4.0600.

Crude oil for June delivery was up 1.23% or 0.56 to $46.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.07% or 0.52 to hit $48.90 a barrel, while the June Gold Futures contract rose 0.06% or 0.77 to trade at $1229.37 a troy ounce.

EUR/USD was up 0.07% to 1.0992, while EUR/GBP fell 0.16% to 0.8485.

The US Dollar Index Futures was down 0.08% at 98.53.

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