Italy stocks higher at close of trade; Investing.com Italy 40 up 0.09%

Investing.com – Italy stocks were higher after the close on Thursday, as gains in the Travel & Leisure, Utilities and Telecoms sectors led shares higher.

At the close in Milan, the Investing.com Italy 40 added 0.09% to hit a new 5-year high.

The best performers of the session on the Investing.com Italy 40 were Leonardo SpA (BIT:LDOF), which rose 4.02% or 1.83 points to trade at 47.31 at the close. Meanwhile, Hera (BIT:HRA) added 2.24% or 0.09 points to end at 4.11 and Italgas SpA (BIT:IG) was up 2.18% or 0.16 points to 7.26 in late trade.

The worst performers of the session were Iveco Group NV (BIT:IVG), which fell 2.71% or 0.44 points to trade at 15.78 at the close. Pirelli & C SPA (BIT:PIRC) declined 2.61% or 0.16 points to end at 5.97 and Prysmian SpA (BIT:PRY) was down 1.92% or 1.08 points to 55.22.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 283 to 271 and 45 ended unchanged.

Crude oil for June delivery was down 2.36% or 1.49 to $61.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 2.33% or 1.54 to hit $64.55 a barrel, while the June Gold Futures contract rose 1.03% or 32.96 to trade at $3,221.26 a troy ounce.

EUR/USD was unchanged 0.13% to 1.12, while EUR/GBP unchanged 0.13% to 0.84.

The US Dollar Index Futures was down 0.18% at 100.69.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Is PIRC truely undervalued?

With PIRC making headlines, investors are asking: Is it truly valued fairly? InvestingPro's advanced AI algorithms have analyzed PIRC alongside thousands of other stocks to uncover hidden gems with massive upside. And guess what? PIRC wasn't at the top of the list.

Unlock ProPicks AI