Investing.com – Italy equities were higher at the close on Thursday, as gains in the Financials, Telecoms and Oil & Gas sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 added 3.45%.
The biggest gainers of the session on the Investing.com Italy 40 were UBI Banca (MI:UBI), which rose 9.92% or 0.2940 points to trade at 3.2580 at the close. Unipol (MI:UNPI) added 7.75% or 0.216 points to end at 3.004 and Banca Pop Emilia Romagna (MI:EMII) was up 7.67% or 0.330 points to 4.632 in late trade.
Biggest losers included Italcementi (MI:ITAI), which added 0.09% or 0.010 points to trade at 10.550 in late trade. Poste Italiane SpA (MI:PST) added 1.13% or 0.0750 points to end at 6.7000 and Luxottica Group (MI:LUX) gained 1.47% or 0.68 points to 46.86.
Advancing stocks outnumbered falling ones by 326 to 85 and 26 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for August delivery was up 0.65% or 0.32 to $49.45 a barrel. Meanwhile, Brent oil for delivery in August rose 0.68% or 0.34 to hit $50.22 a barrel, while the August Gold contract fell 0.47% or 6.00 to trade at $1264.00 a troy ounce.
EUR/USD was up 0.46% to 1.1349, while EUR/GBP fell 0.21% to 0.7660.
The US Dollar Index was down 0.29% at 93.54.