Investing.com – Italy stocks were higher after the close on Thursday, as gains in the Financials, Telecoms and Industrials sectors led shares higher.
At the close in Milan, the Investing.com Italy 40 rose 4.22%.
The best performers of the session on the Investing.com Italy 40 were Banca Monte dei Paschi di Siena SpA (MI:BMPS), which rose 43.14% or 0.2200 points to trade at 0.7300 at the close. Meanwhile, Banco Popolare Sc (MI:BAPO) added 10.31% or 0.8950 points to end at 9.5800 and Banca Pop Emilia Romagna (MI:BPEm) was up 10.23% or 0.535 points to 5.765 in late trade.
The worst performers of the session were Saipem (MI:SPMI), which fell 5.87% or 0.3300 points to trade at 5.2900 at the close. Salvatore Ferragamo (MI:SFER) declined 0.40% or 0.08 points to end at 19.86 and Luxottica Group (MI:LUX) was up 0.63% or 0.35 points to 55.65.
Rising stocks outnumbered declining ones on the Milan Stock Exchange by 344 to 86 and 5 ended unchanged.
Shares in Saipem (MI:SPMI) fell to 5-year lows; falling 5.87% or 0.3300 to 5.2900.
Crude oil for March delivery was up 5.41% or 1.53 to $29.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 5.97% or 1.67 to hit $29.55 a barrel, while the February Gold contract fell 0.97% or 10.70 to trade at $1095.50 a troy ounce.
EUR/USD was down 0.51% to 1.0833, while EUR/GBP fell 0.71% to 0.7620.
The US Dollar Index was up 0.25% at 99.41.