Italy stocks higher at close of trade; Investing.com Italy 40 up 0.49%

Italy stocks higher at close of trade; Investing.com Italy 40 up 0.49%

Apr 18, 2018

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

At the close in Milan, the Investing.com Italy 40 rose 0.49% to hit a new 1-month high.

The best performers of the session on the Investing.com Italy 40 were Saipem SpA (MI:SPMI), which rose 4.18% or 0.1350 points to trade at 3.3610 at the close. Meanwhile, Moncler SpA (MI:MONC) added 2.23% or 0.77 points to end at 35.23 and Salvatore Ferragamo (MI:SFER) was up 2.16% or 0.50 points to 23.66 in late trade.

The worst performers of the session were Davide Campari Milano SpA (MI:CPRI), which fell 2.19% or 0.14 points to trade at 6.24 at the close. Pirelli&C SPA (MI:PIRC) declined 2.06% or 0.15 points to end at 7.02 and Freni Brembo SpA (MI:BRBI) was down 1.85% or 0.23 points to 12.18.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 203 to 149 and 37 ended unchanged.

Shares in Moncler SpA (MI:MONC) rose to all time highs; gaining 2.23% or 0.77 to 35.23.

Crude oil for May delivery was up 1.77% or 1.18 to $67.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.51% or 1.08 to hit $72.66 a barrel, while the June Gold Futures contract rose 0.36% or 4.90 to trade at $1354.40 a troy ounce.

EUR/USD was up 0.13% to 1.2386, while EUR/GBP rose 0.57% to 0.8708.

The US Dollar Index Futures was up 0.08% at 89.29.

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