Investing.com – Italy equities were higher at the close on Tuesday, as gains in the Oil & Gas, Telecoms and Utilities sectors propelled shares higher.
At the close in Milan, the FTSE MIB rose 1.71% to hit a new 3-year high.
The biggest gainers of the session on the FTSE MIB were Banca Monte Paschi Siena (MILAN:BMPS), which rose 1.61% or 0.0100 points to trade at 0.6295 at the close. Banco Popolare (MILAN:BAPO) added 0.62% or 0.0900 points to end at 14.7100 and Banca Popolare Milano (MILAN:PMII) was up 1.98% or 0.0185 points to 0.9545 in late trade.
Biggest losers included Saipem (MILAN:SPMI), which added 6.72% or 0.65 points to trade at 10.32 in late trade. ENI (MILAN:ENI) added 3.86% or 0.62 points to end at 16.70 and CNH Industrial NV (MILAN:CNHI) gained 1.37% or 0.105 points to 7.760.
Advancing stocks outnumbered falling ones by 354 to 125 and 3 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for May delivery was up 2.93% or 1.53 to $53.67 a barrel. Meanwhile, Brent oil for delivery in May rose 1.47% or 0.85 to hit $58.98 a barrel, while the June Gold contract fell 0.59% or 7.20 to trade at $1211.40 a troy ounce.
EUR/USD was down 0.67% to 1.0849, while EUR/GBP fell 0.52% to 0.7303.
The US Dollar Index was up 0.73% at 97.91.