Italian equities closed higher on Friday, with the Investing.com Italy 40 index gaining 0.65% as gains in travel and leisure, telecommunications and utilities offset losses in other sectors.
Advancing stocks on the Milan exchange outnumbered decliners by 379 to 306, while 62 issues finished unchanged. The index’s advance was led by Lottomatica Group SpA, which rose 2.32% to €25.59, Stellantis NV, up 2.28% at €4.68, and Bper Banca SpA, which gained 2.21% to €14.27.
Decliners included Leonardo SpA, which fell 3.96% to €52.87, Fincantieri SpA, down 1.73% at €12.52, and Prysmian SpA, which shed 1.25% to €122.05.
Commodity markets saw declines, with October crude oil futures falling 0.55% to $83.07 per barrel. Brent crude for November delivery dropped 0.62% to $87.97 per barrel, while December gold futures fell 2.06% to $4,568.11 per troy ounce.
The euro weakened 0.49% against the dollar to 1.16, while the U.S. Dollar Index futures fell 0.46% to 99.55.
