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Italy stocks higher at close of trade; Investing.com Italy 40 up 1.57%

investing.com 05/12/2024 - 17:05 PM

Italy Stock Market Update

Investing.com – Italy stocks were higher after the close on Thursday as gains in the Financials, Telecoms, and Travel & Leisure sectors drove shares upward.

At the close in Milan, the Investing.com Italy 40 added 1.57%, reaching a new 1-month high.

Best Performers

The session's best performers on the Investing.com Italy 40 were:
UniCredit SpA (BIT:CRDI): rose 5.03% (+1.89 points) to trade at 39.46.
Bper Banca SpA (BIT:EMII): gained 4.52% (+0.26 points) to end at 6.06.
Telecom Italia (BIT:TLIT): increased 4.45% (+0.01 points) to 0.24 in late trade.

Worst Performers

The worst performers of the session included:
Prysmian SpA (BIT:PRY): declined 0.86% (-0.56 points) to 64.40.
Recordati (BIT:RECI): fell 0.68% (-0.35 points) to 51.40.
Brunello Cucinelli (BIT:BCU): decreased 0.52% (-0.50 points) to 95.80.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 316 to 209, with 60 remaining unchanged.

Commodities Update

Crude oil for January delivery decreased 0.13% (-$0.09) to $68.45 per barrel. Meanwhile, Brent oil for February delivery fell 0.06% (-$0.04) to $72.27 per barrel. February Gold Futures price dropped 0.71% (-$18.89) to $2,657.31 per troy ounce.

Currency Exchange

  • EUR/USD was up 0.57% to 1.06.
  • EUR/GBP remained unchanged at 0.83.
  • The US Dollar Index Futures decreased 0.43% to 105.83.



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