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Italy stocks higher at close of trade; Investing.com Italy 40 up 1.39%

Published 2016-01-26, 12:35 p/m
© Reuters.  Italy stocks higher at close of trade; Investing.com Italy 40 up 1.39%

Investing.com – Italy stocks were higher after the close on Tuesday, as gains in the Technology, Utilities and Financials sectors led shares higher.

At the close in Milan, the Investing.com Italy 40 rose 1.39%.

The best performers of the session on the Investing.com Italy 40 were UBI Banca (MI:UBI), which rose 8.56% or 0.3760 points to trade at 4.7660 at the close. Meanwhile, Banco Popolare Sc (MI:BAPO) added 6.21% or 0.5250 points to end at 8.9800 and Fiat Chrysler Automobiles NV (MI:FCHA) was up 6.13% or 0.4050 points to 7.0100 in late trade.

The worst performers of the session were Generali (MI:GASI), which fell 3.15% or 0.4600 points to trade at 14.1500 at the close. Banca Monte dei Paschi di Siena SpA (MI:BMPS) declined 3.03% or 0.0220 points to end at 0.7030 and Saipem (MI:SPMI) was down 1.04% or 0.0065 points to 0.6205.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 268 to 146 and 18 ended unchanged.

Shares in Generali (MI:GASI) fell to 52-week lows; down 3.15% or 0.4600 to 14.1500.

Crude oil for March delivery was up 5.88% or 1.78 to $32.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 6.10% or 1.91 to hit $33.22 a barrel, while the February Gold contract rose 1.29% or 14.30 to trade at $1119.60 a troy ounce.

EUR/USD was down 0.09% to 1.0840, while EUR/GBP fell 0.82% to 0.7552.

The US Dollar Index was down 0.14% at 99.21.

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