Investing.com – Italy stocks were higher after the close on Wednesday, as gains in the Technology, Telecoms and Industrials sectors led shares higher.
At the close in Milan, the Investing.com Italy 40 added 0.87% to hit a new 1-month high.
The best performers 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. Meanwhile, Telecom Italia (MI:TLIT) added 7.79% or 0.0540 points to end at 0.7470 and Banca Popolare di Milano Scarl (MI:PMII) was up 5.57% or 0.0235 points to 0.4456 in late trade.
The worst performers of the session were FinecoBank Banca Fineco SpA (MI:FBK), which fell 4.21% or 0.24 points to trade at 5.46 at the close. Unicredit (MI:CRDI) declined 4.10% or 0.0920 points to end at 2.1500 and Fiat Chrysler Automobiles NV (MI:FCHA) was down 1.90% or 0.1200 points to 6.2100.
Rising stocks outnumbered declining ones on the Milan Stock Exchange by 300 to 99 and 23 ended unchanged.
Crude oil for September delivery was down 2.33% or 1.00 to $41.92 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 2.54% or 1.15 to hit $44.08 a barrel, while the December Gold contract rose 0.40% or 5.35 to trade at $1333.65 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.