Investing.com – Italy stocks were lower after the close on Wednesday, as losses in the Telecoms, Financials and Oil & Gas sectors led shares lower.
At the close in Milan, the Investing.com Italy 40 declined 1.17%.
The best performers of the session on the Investing.com Italy 40 were Moncler SpA (MI:MONC), which rose 4.61% or 0.69 points to trade at 15.66 at the close. Meanwhile, Finmeccanica (MI:SIFI) added 3.76% or 0.390 points to end at 10.770 and Prysmian (MI:PRY) was up 2.09% or 0.44 points to 21.49 in late trade.
The worst performers of the session were Banco Popolare Sc (MI:BAPO), which fell 9.09% or 0.4400 points to trade at 4.4000 at the close. Banca Popolare di Milano Scarl (MI:PMII) declined 6.38% or 0.0355 points to end at 0.5210 and Mediaset (MI:MS) was down 4.90% or 0.192 points to 3.726.
Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 307 to 98 and 17 ended unchanged.
Crude oil for June delivery was up 2.96% or 1.32 to $45.98 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 3.60% or 1.64 to hit $47.16 a barrel, while the June Gold contract rose 0.60% or 7.65 to trade at $1272.45 a troy ounce.
EUR/USD was up 0.51% to 1.1430, while EUR/GBP rose 0.36% to 0.7902.
The US Dollar Index was down 0.48% at 93.77.