Investing.com – Italy equities were lower at the close on Wednesday, as losses in the Technology, Financials and Chemicals sectors propelled shares lower.
At the close in Milan, the Investing.com Italy 40 declined 0.12%.
The biggest gainers of the session on the Investing.com Italy 40 were Saipem (MI:SPMI), which rose 4.87% or 0.0185 points to trade at 0.3980 at the close. Generali (MI:GASI) added 1.89% or 0.2400 points to end at 12.9500 and Tenaris (MI:TENR) was up 1.73% or 0.2200 points to 12.9600 in late trade.
Biggest losers included Unicredit (MI:CRDI), which lost 4.57% or 0.1220 points to trade at 2.5500 in late trade. UBI Banca (MI:UBI) declined 3.52% or 0.1120 points to end at 3.0720 and Banca Pop Emilia Romagna (MI:EMII) shed 3.21% or 0.144 points to 4.346.
Declining stocks outnumbered rising ones by 254 to 141 and 25 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for July delivery was up 1.65% or 0.83 to $51.19 a barrel. Meanwhile, Brent oil for delivery in August rose 1.91% or 0.98 to hit $52.42 a barrel, while the August Gold contract rose 1.30% or 16.25 to trade at $1263.25 a troy ounce.
EUR/USD was up 0.41% to 1.1405, while EUR/GBP rose 0.36% to 0.7838.
The US Dollar Index was down 0.38% at 93.48.