Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Technology, Telecoms and Industrials sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 rose 0.87% to hit a new 1-month high.
The biggest gainers of the session on the Investing.com Italy 40 were STMicroelectronics (MI:STM), which rose 10.46% or 0.615 points to trade at 6.495 at the close. Telecom Italia (MI:TLIT) added 7.79% or 0.0540 points to end at 0.7470 and Banca Popolare Milano (MI:PMII) was up 5.57% or 0.0235 points to 0.4456 in late trade.
Biggest losers included FinecoBank Banca Fineco SpA (MI:FBK), which lost 4.21% or 0.24 points to trade at 5.46 in late trade. Unicredit (MI:CRDI) declined 4.10% or 0.0920 points to end at 2.1500 and Fiat Chrysler Automobiles NV (MI:FCHA) shed 1.90% or 0.1200 points to 6.2100.
Advancing stocks outnumbered falling ones by 300 to 99 and 23 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for September delivery was down 2.33% or 1.00 to $41.92 a barrel. Meanwhile, Brent oil for delivery in October fell 2.52% or 1.14 to hit $44.09 a barrel, while the December Gold contract rose 0.37% or 4.95 to trade at $1333.25 a troy ounce.
EUR/USD was up 0.05% to 1.0991, while EUR/GBP rose 0.05% to 0.8375.
The US Dollar Index was up 0.13% at 97.30.