Investing.com – Italy equities were higher at the close on Friday, as gains in the Financials, Telecoms and Oil & Gas sectors propelled shares higher.
At the close in Milan, the Investing.com Italy 40 gained 4.49% to hit a new 1-month high.
The biggest gainers 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. Banca Popolare Milano (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.
Biggest losers included Italcementi (MI:ITAI), which lost 0.78% or 0.080 points to trade at 10.160 in late trade. 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) gained 0.60% or 0.30 points to 50.60.
Advancing stocks outnumbered falling ones by 322 to 94 and 14 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for April delivery was up 2.33% or 0.88 to $38.72 a barrel. Meanwhile, Brent oil for delivery in May rose 0.95% or 0.38 to hit $40.43 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 0.18% to 1.1158, while EUR/GBP fell 1.06% to 0.7744.
The US Dollar Index was down 0.05% at 96.14.