Italy Stocks Close Higher

Investing.com – Italy stocks were higher after the close on Monday, led by gains in the Telecoms, Utilities, and Financials sectors.

At the close in Milan, the Investing.com Italy 40 gained 0.12%, reaching a new one-month high.

Best Performers

The best performers of the session on the Investing.com Italy 40 included:
– Telecom Italia (BIT:TLIT): rose 5.69% to trade at 0.27.
– Banca Monte dei Paschi di Siena SpA (BIT:BMPS): added 2.01% to end at 6.80.
– Unipol Gruppo Finanziario Spa (BIT:UNPI): up 1.94% to 12.09.

Worst Performers

The worst performers included:
– Stellantis NV (BIT:STLAM): fell 4.63% to trade at 12.73.
– Iveco Group NV (BIT:IVG): declined 4.40% to end at 9.52.
– Ferrari NV (BIT:RACE): down 2.60% to trade at 420.30.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 323 to 203, with 46 remaining unchanged.

Stock Highlights

Shares in Banca Monte dei Paschi di Siena SpA hit 52-week highs, gaining 2.01%.

Commodity Prices

• Crude Oil (January delivery): down 1.56% to $70.18/barrel.
• Brent Oil (February delivery): fell 0.93% to $73.80/barrel.
• Gold (February futures): down 0.20% to $2,670.49/troy ounce.

The EUR/USD remained unchanged at 1.05, while the EUR/GBP was also stable at 0.83.

The US Dollar Index Futures fell 0.12% to 106.56.