Investing.com – Italy stocks were higher after the close on Friday, as gains in the Financials, Telecoms and Oil & Gas sectors led shares higher.
At the close in Milan, the Investing.com Italy 40 gained 4.49% to hit a new 1-month high.
The best performers of the session on the Investing.com Italy 40 were Unicredit (MI:CRDI), which rose 9.46% or 0.3500 points to trade at 4.0500 at the close. Meanwhile, Banca Popolare di Milano Scarl (MI:PMII) added 9.44% or 0.0635 points to end at 0.7365 and UBI Banca (MI:UBI) was up 9.26% or 0.3440 points to 4.0600 in late trade.
The worst performers of the session were Italcementi (MI:ITAI), which fell 0.78% or 0.080 points to trade at 10.160 at the close. Yoox Net-A-Porter Group SpA (MI:YNAP) added 0.16% or 0.04 points to end at 25.45 and Luxottica Group (MI:LUX) was up 0.60% or 0.30 points to 50.60.
Rising stocks outnumbered declining ones on the Milan Stock Exchange by 322 to 94 and 14 ended unchanged.
Crude oil for April delivery was up 2.35% or 0.89 to $38.73 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.97% or 0.39 to hit $40.44 a barrel, while the April Gold contract fell 1.03% or 13.10 to trade at $1259.70 a troy ounce.
EUR/USD was down 0.19% to 1.1157, while EUR/GBP fell 1.07% to 0.7743.
The US Dollar Index was down 0.05% at 96.14.