Investing.com – Italy equities were lower at the close on Wednesday, as losses in the Telecoms, Financials and Travel & Leisure sectors propelled shares lower.
At the close in Milan, the Investing.com Italy 40 lost 1.13%.
The biggest gainers of the session on the Investing.com Italy 40 were Banca Monte dei Paschi di Siena SpA (MI:BMPS), which rose 5.39% or 0.0167 points to trade at 0.3267 at the close. Luxottica Group (MI:LUX) added 3.04% or 1.31 points to end at 44.46 and Saipem (MI:SPMI) was up 2.44% or 0.0099 points to 0.4158 in late trade.
Biggest losers included Banco Popolare (MI:BAPO), which lost 6.64% or 0.1580 points to trade at 2.2220 in late trade. UBI Banca (MI:UBI) declined 6.03% or 0.1700 points to end at 2.6480 and Telecom Italia (MI:TLIT) shed 5.27% or 0.0365 points to 0.6560.
Declining stocks outnumbered rising ones by 205 to 147 and 26 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for August delivery was down 4.23% or 1.98 to $44.82 a barrel. Meanwhile, Brent oil for delivery in September fell 4.48% or 2.17 to hit $46.30 a barrel, while the August Gold contract rose 0.66% or 8.85 to trade at $1344.15 a troy ounce.
EUR/USD was up 0.43% to 1.1109, while EUR/GBP rose 0.97% to 0.8432.
The US Dollar Index was down 0.37% at 96.19.