Investing.com – Italy stocks were higher after the close on Wednesday, as gains in the Oil & Gas, Industrials and Financials sectors led shares higher.
At the close in Milan, the FTSE MIB added 1.17% to hit a new 3-years high.
The best performers of the session on the FTSE MIB were Banca Monte Paschi Siena (MILAN:BMPS), which rose 0.82% or 0.0050 points to trade at 0.6170 at the close. Meanwhile, Banco Popolare Sc (MILAN:BAPO) added 1.84% or 0.2600 points to end at 14.4000 and Banca Popolare di Milano Scarl (MILAN:PMII) was up 1.32% or 0.0125 points to 0.9610 in late trade.
The worst performers of the session were Saipem (MILAN:SPMI), which rose 5.23% or 0.61 points to trade at 12.27 at the close. ENI (MILAN:ENI) added 1.75% or 0.30 points to end at 17.43 and CNH Industrial NV (MILAN:CNHI) was up 6.40% or 0.495 points to 8.225.
Rising stocks outnumbered declining ones on the Milan Stock Exchange by 321 to 166 and 3 ended unchanged.
Crude oil for May delivery was up 4.62% or 2.46 to $55.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 4.26% or 2.54 to hit $62.35 a barrel, while the June Gold contract rose 0.30% or 3.60 to trade at $1196.20 a troy ounce.
EUR/USD was down 0.46% to 1.0608, while EUR/GBP fell 0.40% to 0.7180.
The US Dollar Index was up 0.15% at 99.16.