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Italy stocks lower at close of trade; Investing.com Italy 40 down 0.70%

Published 05/24/2018, 12:35 PM
Updated 05/24/2018, 12:36 PM
© Reuters.  Italy stocks lower at close of trade; Investing.com Italy 40 down 0.70%
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Investing.com – Italy stocks were lower after the close on Thursday, as losses in the Financials, Oil & Gas and Utilities sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 lost 0.70% to hit a new 1-month low.

The best performers of the session on the Investing.com Italy 40 were Freni Brembo SpA (MI:BRBI), which rose 4.50% or 0.54 points to trade at 12.55 at the close. Meanwhile, Moncler SpA (MI:MONC) added 2.30% or 0.85 points to end at 37.83 and STMicroelectronics (MI:STM) was up 1.76% or 0.350 points to 20.200 in late trade.

The worst performers of the session were Saipem SpA (MI:SPMI), which fell 3.07% or 0.1190 points to trade at 3.7630 at the close. Italgas SpA (MI:IG) declined 2.84% or 0.139 points to end at 4.757 and Mediobanca (MI:MDBI) was down 2.35% or 0.214 points to 8.876.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 192 to 171 and 30 ended unchanged.

Crude oil for July delivery was down 1.13% or 0.81 to $71.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.74% or 0.59 to hit $79.21 a barrel, while the June Gold Futures contract rose 1.13% or 14.60 to trade at $1304.20 a troy ounce.

EUR/USD was up 0.29% to 1.1730, while EUR/GBP unchanged 0.00% to 0.8764.

The US Dollar Index Futures was down 0.23% at 93.69.

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