Investing.com – Italy stocks were higher after the close on Tuesday, as gains in the Chemicals, Telecoms and Utilities sectors led shares higher.
At the close in Milan, the Investing.com Italy 40 rose 3.11%.
The best performers of the session on the Investing.com Italy 40 were UBI Banca (MI:UBI), which rose 9.01% or 0.2180 points to trade at 2.6380 at the close. Meanwhile, Leonardo Finmeccanica SpA (MI:LDOF) added 7.04% or 0.590 points to end at 8.970 and FinecoBank Banca Fineco SpA (MI:FBK) was up 6.45% or 0.35 points to 5.86 in late trade.
The worst performers of the session were Banca Pop Emilia Romagna (MI:EMII), which fell 2.37% or 0.082 points to trade at 3.374 at the close. Unicredit (MI:CRDI) declined 1.52% or 0.0290 points to end at 1.8790 and Yoox Net-A-Porter Group SpA (MI:YNAP) was up 0.10% or 0.02 points to 19.62.
Rising stocks outnumbered declining ones on the Milan Stock Exchange by 347 to 75 and 14 ended unchanged.
Shares in Banca Pop Emilia Romagna (MI:EMII) fell to 3-years lows; falling 2.37% or 0.082 to 3.374. Shares in Unicredit (MI:CRDI) fell to all time lows; falling 1.52% or 0.0290 to 1.8790.
Crude oil for August delivery was up 2.07% or 0.96 to $47.29 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.88% or 0.90 to hit $48.67 a barrel, while the August Gold contract fell 0.53% or 7.05 to trade at $1317.65 a troy ounce.
EUR/USD was up 0.34% to 1.1062, while EUR/GBP fell 0.28% to 0.8312.
The US Dollar Index was down 0.26% at 96.30.