Italy stocks higher at close of trade; Italy 40 up 0.60% By

© Reuters.  Italy stocks higher at close of trade; Italy 40 up 0.60%

© Reuters. Italy stocks higher at close of trade; Italy 40 up 0.60% – Italy stocks were higher after the close on Friday, as gains in the , and sectors led shares higher.

At the close in Milan, the rose 0.60%.

The best performers of the session on the were Telecom Italia (MI:), which rose 2.90% or 0.0154 points to trade at 0.5472 at the close. Meanwhile, Moncler SpA (MI:) added 2.31% or 0.68 points to end at 30.08 and Banca Generali (MI:) was up 2.26% or 0.41 points to 18.59 in late trade.

The worst performers of the session were Saipem SpA (MI:), which fell 2.92% or 0.1050 points to trade at 3.4950 at the close. ENI (MI:) declined 1.79% or 0.26 points to end at 14.06 and Tenaris (MI:) was down 1.65% or 0.20 points to 11.62.

Rising stocks outnumbered declining ones on the Milan Stock Exchange by 215 to 136 and 20 ended unchanged.

Shares in Tenaris (MI:) fell to 52-week lows; down 1.65% or 0.20 to 11.62.

Crude oil for January delivery was down 6.55% or 3.58 to $51.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 5.77% or 3.61 to hit $58.99 a barrel, while the December Gold Futures contract fell 0.36% or 4.40 to trade at $1223.60 a troy ounce.

EUR/USD was down 0.61% to 1.1334, while EUR/GBP fell 0.15% to 0.8843.

The US Dollar Index Futures was up 0.25% at 96.822.

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