Investing.com – Italy equities were lower at the close on Wednesday, as losses in the Oil & Gas, Utilities and Industrials sectors propelled shares lower.
At the close in Milan, the Investing.com Italy 40 fell 0.45%.
The biggest gainers of the session on the Investing.com Italy 40 were UBI Banca (MI:UBI), which rose 1.79% or 0.0520 points to trade at 2.9640 at the close. FinecoBank Banca Fineco SpA (MI:FBK) added 1.59% or 0.10 points to end at 6.40 and STMicroelectronics (MI:STM) was up 1.44% or 0.075 points to 5.275 in late trade.
Biggest losers included Saipem (MI:SPMI), which lost 2.40% or 0.0097 points to trade at 0.3938 in late trade. Mediaset (MI:MS) declined 1.90% or 0.072 points to end at 3.720 and Snam (MI:SRG) shed 1.65% or 0.085 points to 5.060.
Advancing stocks outnumbered falling ones by 209 to 196 and 21 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for August delivery was down 1.26% or 0.63 to $49.22 a barrel. Meanwhile, Brent oil for delivery in August fell 1.30% or 0.66 to hit $49.96 a barrel, while the August Gold contract fell 0.12% or 1.55 to trade at $1270.95 a troy ounce.
EUR/USD was up 0.69% to 1.1318, while EUR/GBP rose 0.29% to 0.7694.
The US Dollar Index was down 0.52% at 93.67.