Italy's benchmark equity gauge advanced at the close of trade on Tuesday, with the Investing.com Italy 40 up 0.39% as gains in travel and leisure, industrials and telecoms sectors outweighed losses elsewhere.
Advancing issues outnumbered decliners by 394 to 280 on the Milan exchange, with 60 stocks unchanged. The index's performance reflected a mixed sectoral backdrop, with materials and energy names under pressure as crude oil prices declined.
Among the top performers, Tenaris SA led with a 3.74% rise to 23.31, followed by Prysmian SpA at 2.89% to 121.00 and Buzzi Unicem at 2.14% to 40.57. On the downside, Moncler SpA fell 2.22% to 47.18, Brunello Cucinelli dropped 1.89% to 87.38 and Davide Campari Milano SpA declined 1.21% to 5.90.
Commodities showed divergent moves, with Brent crude for November delivery down 3.43% at $87.43 per barrel and U.S. crude for October delivery falling 3.32% to $82.19. December gold futures, however, edged up 0.16% to $4,705.14 per troy ounce.
Currency markets saw limited movement, with the EUR/USD pair and EUR/GBP both essentially flat at 1.17 and 0.86, respectively. The U.S. Dollar Index futures were down 0.05% at 98.88.
