Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Financials, Telecoms and Oil & Gas sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 rose 0.91%.
The biggest gainers of the session on the Investing.com Italy 40 were Banco Popolare (MI:BAPO), which rose 7.12% or 0.5500 points to trade at 8.2800 at the close. Unicredit (MI:CRDI) added 5.17% or 0.1820 points to end at 3.7000 and Banca Pop Emilia Romagna (MI:EMII) was up 4.92% or 0.235 points to 5.015 in late trade.
Biggest losers included Luxottica Group (MI:LUX), which lost 4.65% or 2.50 points to trade at 51.25 in late trade. Finmeccanica (MI:SIFI) declined 1.86% or 0.190 points to end at 10.000 and Terna (MI:TRN) shed 1.85% or 0.090 points to 4.780.
Advancing stocks outnumbered falling ones by 239 to 169 and 17 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for April delivery was up 0.06% or 0.02 to $34.42 a barrel. Meanwhile, Brent oil for delivery in May fell 0.22% or 0.08 to hit $36.73 a barrel, while the April Gold contract rose 0.80% or 9.90 to trade at $1240.70 a troy ounce.
EUR/USD was down 0.19% to 1.0846, while EUR/GBP fell 0.92% to 0.7718.
The US Dollar Index was up 0.08% at 98.42.