Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Financials, Chemicals and Oil & Gas sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 rose 1.97% to hit a new 1-month high.
The biggest gainers of the session on the Investing.com Italy 40 were Moncler SpA (MI:MONC), which rose 5.66% or 1.02 points to trade at 19.04 at the close. UBI Banca (MI:UBI) added 5.63% or 0.1660 points to end at 3.1160 and UniCredit SpA (MI:CRDI) was up 4.27% or 0.5400 points to 13.1900 in late trade.
Biggest losers included Saipem (MI:SPMI), which lost 0.67% or 0.0029 points to trade at 0.4282 in late trade. Recordati (MI:RECI) declined 0.27% or 0.08 points to end at 29.89 and Banca Monte dei Paschi di Siena SpA (MI:BMPS) 0.00% or 0.0000 points to 15.0800.
Advancing stocks outnumbered falling ones by 280 to 64 and 18 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for April delivery was down 0.13% or 0.07 to $53.94 a barrel. Meanwhile, Brent oil for delivery in May fell 0.05% or 0.03 to hit $56.48 a barrel, while the April Gold Futures contract fell 0.56% or 7.05 to trade at $1246.85 a troy ounce.
EUR/USD was down 0.09% to 1.0568, while EUR/GBP rose 0.37% to 0.8574.
The US Dollar Index Futures was up 0.23% at 101.56.