Investing.com – Italy stocks were higher after the close on Thursday, as gains in the Financials, Telecoms and Oil & Gas sectors led shares higher.
At the close in Milan, the Investing.com Italy 40 gained 3.45%.
The best performers of the session on the Investing.com Italy 40 were UBI Banca (MI:UBI), which rose 9.92% or 0.2940 points to trade at 3.2580 at the close. Meanwhile, Unipol (MI:UNPI) added 7.75% or 0.216 points to end at 3.004 and Banca Pop Emilia Romagna (MI:EMII) was up 7.67% or 0.330 points to 4.632 in late trade.
The worst performers of the session were Italcementi (MI:ITAI), which rose 0.09% or 0.010 points to trade at 10.550 at the close. Poste Italiane SpA (MI:PST) added 1.13% or 0.0750 points to end at 6.7000 and Luxottica Group (MI:LUX) was up 1.47% or 0.68 points to 46.86.
Rising stocks outnumbered declining ones on the Milan Stock Exchange by 326 to 85 and 26 ended unchanged.
Shares in Italcementi (MI:ITAI) rose to 5-year highs; gaining 0.09% or 0.010 to 10.550.
Crude oil for August delivery was up 0.65% or 0.32 to $49.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 0.68% or 0.34 to hit $50.22 a barrel, while the August Gold contract fell 0.44% or 5.55 to trade at $1264.45 a troy ounce.
EUR/USD was up 0.46% to 1.1349, while EUR/GBP fell 0.21% to 0.7660.
The US Dollar Index was down 0.29% at 93.54.