Investing.com – Italy equities were higher at the close on Tuesday, as gains in the Telecoms, Utilities and Financials sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 added 1.94% to hit a new 1-month high.
The biggest gainers of the session on the Investing.com Italy 40 were Banca Monte dei Paschi di Siena SpA (MI:BMPS), which rose 12.82% or 0.0222 points to trade at 0.1954 at the close. Banca Pop Emilia Romagna (MI:EMII) added 5.12% or 0.198 points to end at 4.064 and Unipol (MI:UNPI) was up 3.61% or 0.092 points to 2.640 in late trade.
Biggest losers included Salvatore Ferragamo (MI:SFER), which lost 2.00% or 0.45 points to trade at 22.10 in late trade. Poste Italiane SpA (MI:PST) declined 1.40% or 0.085 points to end at 5.965 and Fiat Chrysler Automobiles NV (MI:FCHA) shed 0.61% or 0.035 points to 5.715.
Advancing stocks outnumbered falling ones by 271 to 124 and 35 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for November delivery was up 0.14% or 0.07 to $50.01 a barrel. Meanwhile, Brent oil for delivery in December fell 0.19% or 0.10 to hit $51.42 a barrel, while the December Gold contract rose 0.58% or 7.25 to trade at $1263.85 a troy ounce.
EUR/USD was down 0.05% to 1.0992, while EUR/GBP fell 1.04% to 0.8931.
The US Dollar Index was down 0.08% at 97.78.