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Italy shares lower at close of trade; Investing.com Italy 40 down 0.74%

Published 12/04/2018, 02:35 am
© Reuters.  Italy shares lower at close of trade; Investing.com Italy 40 down 0.74%
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Investing.com – Italy equities were lower at the close on Wednesday, as losses in the Telecoms, Technology and Financials sectors propelled shares lower.

At the close in Milan, the Investing.com Italy 40 fell 0.74%.

The biggest gainers of the session on the Investing.com Italy 40 were Moncler SpA (MI:MONC), which rose 2.18% or 0.72 points to trade at 33.75 at the close. Saipem SpA (MI:SPMI) added 2.08% or 0.0650 points to end at 3.1850 and Tenaris (MI:TENR) was up 1.73% or 0.26 points to 14.96 in late trade.

Biggest losers included Exor NV (MI:EXOR), which lost 3.19% or 1.92 points to trade at 58.24 in late trade. Telecom Italia (MI:TLIT) declined 2.89% or 0.0254 points to end at 0.8548 and Mediaset (MI:MS) shed 2.73% or 0.091 points to 3.248.

Declining stocks outnumbered rising ones by 250 to 95 and 31 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for May delivery was up 2.06% or 1.35 to $66.86 a barrel. Meanwhile, Brent oil for delivery in June rose 1.51% or 1.07 to hit $72.11 a barrel, while the June Gold Futures contract rose 1.17% or 15.80 to trade at $1361.70 a troy ounce.

EUR/USD was up 0.21% to 1.2381, while EUR/GBP rose 0.01% to 0.8717.

The US Dollar Index Futures was down 0.20% at 89.14.

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