1 month ago
Stock Market

Italy stocks lower at close of trade; Investing.com Italy 40 down 0.22%

Investing.com – Italy stocks were lower after the close on Thursday, as losses in the Financials, Industrials and Chemicals sectors

Investing.com – Italy stocks were lower after the close on Thursday, as losses in the Financials, Industrials and Chemicals sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 lost 0.22%.

The best performers of the session on the Investing.com Italy 40 were Ferrari NV (MI:RACE), which rose 11.02% or 10.78 points to trade at 108.60 at the close. Meanwhile, Telecom Italia (MI:TLIT) added 4.97% or 0.0230 points to end at 0.4860 and Recordati (MI:RECI) was up 3.98% or 1.21 points to 31.64 in late trade.

The worst performers of the session were Bper Banca SpA (MI:EMII), which fell 6.07% or 0.191 points to trade at 2.956 at the close. Banco Bpm SpA (MI:BAMI) declined 4.86% or 0.086 points to end at 1.692 and Unione di Banche Italiane SpA (MI:UBI) was down 4.72% or 0.1110 points to 2.2390.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 205 to 150 and 37 ended unchanged.

Shares in Bper Banca SpA (MI:EMII) fell to 52-week lows; losing 6.07% or 0.191 to 2.956. Shares in Unione di Banche Italiane SpA (MI:UBI) fell to 52-week lows; down 4.72% or 0.1110 to 2.2390.

Crude oil for March delivery was up 1.01% or 0.55 to $54.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.36% or 0.22 to hit $61.76 a barrel, while the April Gold Futures contract rose 0.76% or 9.95 to trade at $1325.45 a troy ounce.

EUR/USD was down 0.29% to 1.1443, while EUR/GBP fell 0.37% to 0.8718.

The US Dollar Index Futures was up 0.28% at 95.295.