Italian equities closed higher on Tuesday, with the Índice Investing.com Itália 40 gaining 0.39% as travel and leisure, industrials and telecommunications led sector advances. Advancing stocks outnumbered decliners by 394 to 280, while 60 issues finished unchanged.
Tenaris SA led gains among components, rising 3.74% to 23.31 euros. Prysmian SpA added 2.89% to 121.00 euros, while Buzzi Unicem climbed 2.14% to 40.57 euros. On the downside, Moncler SpA fell 2.22% to 47.18 euros, followed by Brunello Cucinelli SpA with a 1.89% decline to 87.38 euros and Davide Campari Milano SpA, which dropped 1.21% to 5.90 euros.
Oil prices retreated, with October crude futures falling 3.32% to $82.19 per barrel. November Brent crude declined 3.45% to $87.42 per barrel. Gold futures for December delivery edged up 0.17% to $4,705.56 per troy ounce.
The euro held steady against the dollar, with the EUR/USD pair little changed at 1.17. The EUR/GBP cross was also flat at 0.86, while the U.S. Dollar Index futures rose 0.06% to 98.87.
