Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Oil & Gas, Financials and Telecoms sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 rose 1.83%.
The biggest gainers of the session on the Investing.com Italy 40 were Banco Popolare (MI:BAPO), which rose 8.73% or 0.3820 points to trade at 4.7600 at the close. Banca Popolare Milano (MI:PMII) added 8.27% or 0.0420 points to end at 0.5500 and UBI Banca (MI:UBI) was up 7.22% or 0.2500 points to 3.7120 in late trade.
Biggest losers included Atlantia (MI:ATL), which lost 1.48% or 0.36 points to trade at 23.98 in late trade. Banca Mediolanum SpA (MI:BMED) declined 1.29% or 0.100 points to end at 7.630 and Luxottica Group (MI:LUX) shed 1.11% or 0.55 points to 49.11.
Advancing stocks outnumbered falling ones by 298 to 110 and 25 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for July delivery was up 0.66% or 0.32 to $48.94 a barrel. Meanwhile, Brent oil for delivery in July rose 1.05% or 0.51 to hit $49.12 a barrel, while the June Gold contract fell 0.59% or 7.25 to trade at $1221.95 a troy ounce.
EUR/USD was up 0.11% to 1.1153, while EUR/GBP fell 0.29% to 0.7592.
The US Dollar Index was down 0.13% at 95.47.