Italian equity markets closed higher on Thursday, led by gains in Technology, Utilities and Industrials sectors that pushed the benchmark up at the end of the trading day in Milan.
At the close, the Italy 40 index was up 0.92%.
Top movers
- A2A SpA (BIT:A2) was the session's top performer among the index constituents listed, advancing 3.54% or 0.08 points to finish at 2.42.
- Prysmian SpA (BIT:PRY) climbed 2.90% or 3.60 points to close at 127.95.
- STMicroelectronics (BIT:STMMI) rose 2.87% or 1.28 points to end the day at 45.99.
Largest decliners
- Stellantis NV (BIT:STLAM) led losses, falling 6.36% or 0.42 points to close at 6.21.
- Moncler SpA (BIT:MONC) declined 2.03% or 1.06 points to finish at 51.24.
- Banca Mediolanum SpA (BIT:BMED) slipped 0.43% or 0.08 points to end at 18.63.
Market breadth and notable highs
On the Milan exchange, advancing issues outnumbered decliners by 445 to 303, while 50 stocks finished unchanged. During the session, Prysmian's shares reached an all-time high when they moved to 127.95. STMicroelectronics climbed to a 52-week high, ending the session at 45.99.
Commodities and currency movements
Commodities traded mixed: crude oil for June delivery fell 2.37% or 2.53 to $104.35 a barrel. Brent oil for July delivery eased 0.61% or 0.67 to $109.77 a barrel. The June Gold Futures contract moved higher, up 1.48% or 67.59 to trade at $4,629.09 a troy ounce.
In currencies, the euro strengthened versus the dollar, with EUR/USD up 0.51% to 1.17. EUR/GBP was broadly unchanged at 0.86, reflecting a 0.35% move recorded in the session. The US Dollar Index Futures declined 0.86% to 97.98.
The session's price action reflected sector leadership from Technology, Utilities and Industrials, while individual large-cap swings influenced headline performance. The market closed with a clear tilt toward gainers in Milan.