Investing.com – Italy equities were higher at the close on Wednesday, as gains in the Telecoms, Financials and Chemicals sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 added 2.08% to hit a new 6-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 10.79% or 2.0400 points to trade at 20.9400 at the close. Banca Pop Emilia Romagna (MI:EMII) added 10.41% or 0.446 points to end at 4.730 and Unicredit (MI:CRDI) was up 9.42% or 0.2140 points to 2.4860 in late trade.
Biggest losers included Luxottica Group (MI:LUX), which lost 1.39% or 0.70 points to trade at 49.50 in late trade. A2A (MI:A2) declined 1.35% or 0.016 points to end at 1.165 and Campari (MI:CPRI) shed 1.15% or 0.10 points to 9.05.
Advancing stocks outnumbered falling ones by 325 to 98 and 26 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for January delivery was down 1.51% or 0.77 to $50.16 a barrel. Meanwhile, Brent oil for delivery in February fell 1.09% or 0.59 to hit $53.34 a barrel, while the February Gold contract rose 0.74% or 8.65 to trade at $1178.75 a troy ounce.
EUR/USD was up 0.33% to 1.0753, while EUR/GBP rose 0.96% to 0.8533.
The US Dollar Index was down 0.22% at 100.29.