Investing.com – Italy stocks were higher after the close on Tuesday, as gains in the Financials, Oil & Gas and Utilities sectors led shares higher.
At the close in Milan, the Investing.com Italy 40 rose 3.19%.
The best performers of the session on the Investing.com Italy 40 were Banca Monte dei Paschi di Siena SpA (MI:BMPS), which rose 10.51% or 0.0585 points to trade at 0.6150 at the close. Meanwhile, Banca Pop Emilia Romagna (MI:EMII) added 7.88% or 0.336 points to end at 4.602 and Intesa Sanpaolo (MI:ISP) was up 6.08% or 0.1320 points to 2.3040 in late trade.
The worst performers of the session were Telecom Italia (MI:TLIT), which fell 2.35% or 0.0195 points to trade at 0.8100 at the close. Italcementi (MI:ITAI) added 0.29% or 0.030 points to end at 10.450 and Luxottica Group (MI:LUX) was up 0.81% or 0.40 points to 49.66.
Rising stocks outnumbered declining ones on the Milan Stock Exchange by 300 to 112 and 16 ended unchanged.
Shares in Telecom Italia (MI:TLIT) fell to 52-week lows; losing 2.35% or 0.0195 to 0.8100. Shares in Italcementi (MI:ITAI) rose to 5-year highs; up 0.29% or 0.030 to 10.450.
Crude oil for July delivery was up 0.98% or 0.47 to $48.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.50% or 0.24 to hit $48.59 a barrel, while the June Gold contract fell 1.73% or 21.60 to trade at $1229.90 a troy ounce.
EUR/USD was down 0.67% to 1.1146, while EUR/GBP fell 1.68% to 0.7617.
The US Dollar Index was up 0.35% at 95.56.