Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Chemicals, Financials and Industrials sectors propelled shares higher.
At the close in Milan, the FTSE MIB added 2.21%.
The biggest gainers of the session on the FTSE MIB were CNH Industrial NV (MILAN:CNHI), which rose 4.89% or 0.400 points to trade at 8.580 at the close. UBI Banca (MILAN:UBI) added 4.59% or 0.330 points to end at 7.525 and Mediaset (MILAN:MS) was up 4.13% or 0.178 points to 4.490 in late trade.
Biggest losers included Saipem (MILAN:SPMI), which lost 1.90% or 0.18 points to trade at 9.29 in late trade. Tenaris (MILAN:TENR) declined 0.50% or 0.06 points to end at 12.02 and Tod'S (MILAN:TOD) shed 0.23% or 0.20 points to 85.00.
Advancing stocks outnumbered falling ones by 376 to 86 and 5 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for August delivery was down 3.08% or 1.83 to $57.64 a barrel. Meanwhile, Brent oil for delivery in August fell 1.58% or 1.00 to hit $62.59 a barrel, while the August Gold contract fell 0.18% or 2.10 to trade at $1169.70 a troy ounce.
EUR/USD was down 0.53% to 1.1083, while EUR/GBP fell 0.03% to 0.7098.
The US Dollar Index was up 0.55% at 96.28.