Investing.com – Italy equities were higher at the close on Tuesday, as gains in the Chemicals, Telecoms and Utilities sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 gained 0.25% to hit a new 6-month high.
The biggest gainers of the session on the Investing.com Italy 40 were Mediaset (MI:MS), which rose 2.79% or 0.112 points to trade at 4.122 at the close. Saipem (MI:SPMI) added 1.66% or 0.0085 points to end at 0.5215 and Telecom Italia (MI:TLIT) was up 1.46% or 0.0125 points to 0.8700 in late trade.
Biggest losers included Banca Popolare Milano (MI:PMII), which lost 3.95% or 0.0158 points to trade at 0.3842 in late trade. Banco Popolare (MI:BAPO) declined 3.70% or 0.094 points to end at 2.446 and UBI Banca (MI:UBI) shed 0.57% or 0.0160 points to 2.7740.
Advancing stocks outnumbered falling ones by 215 to 107 and 21 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for February delivery was up 1.58% or 0.84 to $53.86 a barrel. Meanwhile, Brent oil for delivery in March rose 1.47% or 0.82 to hit $56.72 a barrel, while the February Gold contract rose 0.37% or 4.15 to trade at $1137.75 a troy ounce.
EUR/USD was up 0.03% to 1.0457, while EUR/GBP rose 0.16% to 0.8533.
The US Dollar Index was up 0.08% at 103.03.