Italian stocks ended the trading day higher on Thursday as pockets of strength in the Technology, Travel & Leisure and Chemicals sectors supported the market. At the close in Milan the Investing.com Italy 40 index was up 0.28%.
Top movers
The session’s best performer was STMicroelectronics (BIT:STMMI), which jumped 14.10% - a rise of 5.29 points - to finish at 42.82, and moved to 52-week highs in the process. Lottomatica Group SpA (BIT:LTMC) gained 2.07% or 0.53 points to close at 26.13, while Snam SpA (BIT:SRG) rose 1.61% or 0.11 points to 6.80 in late trade.
Lagging stocks
On the downside, DiaSorin SpA (BIT:DIAS) led losses after falling 4.19%, a drop of 2.62 points, to end at 59.98. Amplifon (BIT:AMPF) slipped 2.68% or 0.26 points to 9.59, and Moncler SpA (BIT:MONC) declined 2.11% or 1.18 points to close at 54.82.
Market breadth and technicals
Decliners outnumbered advancers on the Milan Stock Exchange, with 389 stocks down versus 308 that rose. A further 47 issues finished unchanged.
Commodities and currency moves
Energy markets registered gains in the session: crude oil for June delivery rose 1.83% or 1.70 to $94.66 a barrel. Brent oil for June delivery increased 1.74% or 1.77 to $103.68 a barrel. In precious metals, the June Gold Futures contract fell 0.37% or 17.41, trading at $4,735.59 a troy ounce.
Foreign exchange rates were largely steady. EUR/USD was unchanged, moving 0.04% to 1.17, while EUR/GBP was unchanged, shifting 0.06% to 0.87. The US Dollar Index Futures rose 0.07% to 98.49.
Contextual note
The market moves reflect the session’s sector leadership and headline stock swings detailed above. No additional conclusions are drawn beyond the reported market prices, index performance and individual stock moves.