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Italy stocks lower at close of trade; Investing.com Italy 40 down 1.40%

Published 05/23/2018, 12:35 PM
Updated 05/23/2018, 12:36 PM
Italy stocks lower at close of trade; Investing.com Italy 40 down 1.40%
PIRC
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Investing.com – Italy stocks were lower after the close on Wednesday, as losses in the Financials, Industrials and Technology sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 fell 1.40% to hit a new 1-month low.

The best performers of the session on the Investing.com Italy 40 were Bper Banca SpA (MI:EMII), which rose 1.09% or 0.051 points to trade at 4.723 at the close. Meanwhile, Salvatore Ferragamo SpA (MI:SFER) added 0.44% or 0.11 points to end at 25.05 and Mediaset (MI:MS) was up 0.29% or 0.009 points to 3.061 in late trade.

The worst performers of the session were Saipem SpA (MI:SPMI), which fell 3.43% or 0.1380 points to trade at 3.8820 at the close. Pirelli & C SPA (MI:PIRC) declined 2.68% or 0.20 points to end at 7.42 and Buzzi Unicem (MI:BZU) was down 2.30% or 0.51 points to 21.68.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 267 to 93 and 34 ended unchanged.

Crude oil for July delivery was down 0.73% or 0.53 to $71.67 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.45% or 0.36 to hit $79.21 a barrel, while the June Gold Futures contract fell 0.05% or 0.60 to trade at $1291.40 a troy ounce.

EUR/USD was down 0.67% to 1.1701, while EUR/GBP fell 0.05% to 0.8766.

The US Dollar Index Futures was up 0.46% at 93.94.

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