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 3.58%.
The biggest gainers of the session on the Investing.com Italy 40 were Banca Pop Emilia Romagna (MI:EMII), which rose 14.31% or 0.538 points to trade at 4.298 at the close. Banca Popolare Milano (MI:PMII) added 10.93% or 0.0560 points to end at 0.5685 and Banco Popolare (MI:BAPO) was up 10.90% or 0.4780 points to 4.8640 in late trade.
Biggest losers included Tod'S (MI:TOD), which lost 0.51% or 0.30 points to trade at 59.05 in late trade. Italcementi (MI:ITAI) added 0.39% or 0.040 points to end at 10.350 and A2A (MI:A2) gained 0.51% or 0.006 points to 1.190.
Advancing stocks outnumbered falling ones by 327 to 77 and 8 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for May delivery was up 6.55% or 2.44 to $39.70 a barrel. Meanwhile, Brent oil for delivery in June rose 6.24% or 2.46 to hit $41.89 a barrel, while the June Gold contract rose 0.42% or 5.20 to trade at $1242.70 a troy ounce.
EUR/USD was up 0.30% to 1.1412, while EUR/GBP fell 0.20% to 0.8079.
The US Dollar Index was down 0.35% at 94.17.