Stocks in Italy advanced at the closing bell on Friday, supported by strength in Financials, Telecoms and Travel & Leisure names.
At the Milan close, the Investing.com Italy 40 rose 0.38%.
The session's largest percentage gainers on the index included Nexi SpA (BIT:NEXII), which climbed 2.03% or 0.07 points to finish at 3.51. Banca Mediolanum SpA (BIT:BMED) added 1.98% or 0.38 points, closing at 19.81, and UniCredit SpA (BIT:CRDI) increased 1.82% or 1.33 points to end the day at 74.24.
On the downside, Amplifon (BIT:AMPF) was the weakest performer, falling 2.13% or 0.24 points to trade at 10.78 at the close. Stellantis NV (BIT:STLAM) declined 1.90% or 0.13 points to 6.86, and Avio SpA (BIT:AVI) lost 1.80% or 0.79 points to finish at 43.07.
Market breadth on the Milan Stock Exchange showed 414 stocks higher versus 337 that declined, while 67 finished unchanged.
Commodities moved unevenly during the session. Crude oil for July delivery slipped 1.27% or 1.13 to $87.77 a barrel. Brent oil for August delivery fell 1.62% or 1.50 to $91.20 a barrel. In contrast, the August Gold Futures contract rose 1.46% or 66.02 to trade at $4,598.42 a troy ounce.
In currency trading, EUR/USD was unchanged, moving 0.21% to 1.17, while EUR/GBP was effectively flat, changing 0.02% to 0.87. The US Dollar Index Futures was down 0.19% at 98.79.
Summarizing the session, gains were concentrated in sectors cited at the open, with selected bank and payments names among the leaders. Commodity markets showed declines in crude benchmarks alongside a meaningful uptick in gold futures, and currency markets registered only modest movement.