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Italy shares lower at close of trade; Investing.com Italy 40 down 0.52%

Published 28/09/2016, 02:35 am
© Reuters.  Italy shares lower at close of trade; Investing.com Italy 40 down 0.52%
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Investing.com – Italy equities were lower at the close on Tuesday, as losses in the Financials, Telecoms and Oil & Gas sectors propelled shares lower.

At the close in Milan, the Investing.com Italy 40 lost 0.52% to hit a new 1-month low.

The biggest gainers of the session on the Investing.com Italy 40 were Luxottica Group (MI:LUX), which rose 2.49% or 1.08 points to trade at 44.39 at the close. FinecoBank Banca Fineco SpA (MI:FBK) added 1.97% or 0.10 points to end at 5.17 and Banca Monte dei Paschi di Siena SpA (MI:BMPS) was up 1.67% or 0.0032 points to 0.1943 in late trade.

Biggest losers included Azimut Holding (MI:AZMT), which lost 3.10% or 0.41 points to trade at 12.83 in late trade. Mediobanca (MI:MDBI) declined 2.53% or 0.150 points to end at 5.785 and Unipol (MI:UNPI) shed 2.08% or 0.048 points to 2.260.

Declining stocks outnumbered rising ones by 279 to 124 and 19 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for November delivery was down 3.53% or 1.62 to $44.31 a barrel. Meanwhile, Brent oil for delivery in December fell 3.46% or 1.66 to hit $46.27 a barrel, while the December Gold contract fell 1.09% or 14.60 to trade at $1329.50 a troy ounce.

EUR/USD was down 0.34% to 1.1216, while EUR/GBP fell 0.65% to 0.8616.

The US Dollar Index was up 0.20% at 95.40.

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