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Italy stocks lower at close of trade; Investing.com Italy 40 down 0.68%

Published 12/14/2018, 12:35 PM
© Reuters.  Italy stocks lower at close of trade; Investing.com Italy 40 down 0.68%
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Investing.com – Italy stocks were lower after the close on Friday, as losses in the Industrials, Travel & Leisure and Financials sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 lost 0.68%.

The best performers of the session on the Investing.com Italy 40 were Terna (MI:TRN), which rose 0.98% or 0.050 points to trade at 5.152 at the close. Meanwhile, Poste Italiane SpA (MI:PST) added 0.93% or 0.064 points to end at 6.930 and Mediobanca Banca di Credito Finanziario SpA (MI:MDBI) was up 0.90% or 0.068 points to 7.622 in late trade.

The worst performers of the session were Pirelli & C SPA (MI:PIRC), which fell 2.63% or 0.16 points to trade at 5.85 at the close. Tenaris (MI:TENR) declined 2.25% or 0.23 points to end at 10.00 and Ferrari NV (MI:RACE) was down 2.23% or 2.06 points to 90.34.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 240 to 116 and 23 ended unchanged.

Shares in Terna (MI:TRN) rose to 52-week highs; gaining 0.98% or 0.050 to 5.152. Shares in Pirelli & C SPA (MI:PIRC) fell to 5-year lows; falling 2.63% or 0.16 to 5.85. Shares in Tenaris (MI:TENR) fell to 52-week lows; falling 2.25% or 0.23 to 10.00.

Crude oil for January delivery was down 2.78% or 1.46 to $51.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.03% or 1.25 to hit $60.20 a barrel, while the February Gold Futures contract fell 0.30% or 3.80 to trade at $1243.60 a troy ounce.

EUR/USD was down 0.50% to 1.1304, while EUR/GBP rose 0.21% to 0.8992.

The US Dollar Index Futures was up 0.41% at 97.458.

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