Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Technology, Telecoms and Utilities sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 added 1.48% to hit a new 1-month high.
The biggest gainers of the session on the Investing.com Italy 40 were Azimut Holding (MI:AZMT), which rose 3.80% or 0.68 points to trade at 18.59 at the close. Ferrari NV (MI:RACE) added 3.66% or 2.85 points to end at 80.80 and Banca Generali (MI:BGN) was up 3.48% or 0.95 points to 28.23 in late trade.
Biggest losers included Unione di Banche Italiane SpA (MI:UBI), which lost 1.79% or 0.0740 points to trade at 4.0620 in late trade. Salvatore Ferragamo (MI:SFER) declined 0.39% or 0.09 points to end at 22.95 and Yoox Net-A-Porter Group SpA (MI:YNAP) shed 0.24% or 0.06 points to 25.17.
Advancing stocks outnumbered falling ones by 250 to 107 and 13 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for August delivery was up 1.40% or 0.63 to $45.67 a barrel. Meanwhile, Brent oil for delivery in September rose 0.97% or 0.46 to hit $47.98 a barrel, while the August Gold Futures contract rose 0.47% or 5.67 to trade at $1220.37 a troy ounce.
EUR/USD was down 0.47% to 1.1412, while EUR/GBP fell 0.80% to 0.8855.
The US Dollar Index Futures was up 0.04% at 95.53.