Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Financials, Utilities and Travel & Leisure sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 gained 1.18%.
The biggest gainers of the session on the Investing.com Italy 40 were Unione di Banche Italiane SpA (MI:UBI), which rose 5.06% or 0.1800 points to trade at 3.7340 at the close. Banca Pop Emilia Romagna (MI:EMII) added 4.49% or 0.184 points to end at 4.278 and UniCredit SpA (MI:CRDI) was up 3.59% or 0.5600 points to 16.1700 in late trade.
Biggest losers included Moncler SpA (MI:MONC), which lost 2.03% or 0.44 points to trade at 21.22 in late trade. Yoox Net-A-Porter Group SpA (MI:YNAP) declined 1.48% or 0.35 points to end at 23.31 and Italgas SpA (MI:IG) shed 1.33% or 0.06 points to 4.59.
Declining stocks outnumbered rising ones by 177 to 176 and 17 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for August delivery was down 0.99% or 0.43 to $43.08 a barrel. Meanwhile, Brent oil for delivery in August fell 1.20% or 0.55 to hit $45.47 a barrel, while the August Gold Futures contract rose 0.20% or 2.54 to trade at $1246.04 a troy ounce.
EUR/USD was up 0.08% to 1.1143, while EUR/GBP fell 0.14% to 0.8804.
The US Dollar Index Futures was down 0.02% at 97.38.