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Italy stocks lower at close of trade; Investing.com Italy 40 down 2.08%

Published 07/25/2024, 12:05 PM
Updated 07/25/2024, 12:07 PM
© Reuters.  Italy stocks lower at close of trade; Investing.com Italy 40 down 2.08%
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Investing.com – Italy stocks were lower after the close on Thursday, as losses in the Technology, Industrials and Financials sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 fell 2.08%.

The best performers of the session on the Investing.com Italy 40 were ERG (BIT:ERG), which rose 2.17% or 0.52 points to trade at 24.52 at the close. Meanwhile, Terna Rete Elettrica Nazionale SpA (BIT:TRN) added 2.03% or 0.15 points to end at 7.73 and Moncler SpA (BIT:MONC) was up 1.87% or 1.02 points to 55.44 in late trade.

The worst performers of the session were STMicroelectronics (BIT:STMMI), which fell 13.75% or 5.09 points to trade at 31.94 at the close. Stellantis NV (BIT:STLAM) declined 8.69% or 1.59 points to end at 16.67 and Iveco Group NV (BIT:IVG) was down 7.61% or 0.77 points to 9.29.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 379 to 135 and 41 ended unchanged.

Shares in STMicroelectronics (BIT:STMMI) fell to 52-week lows; down 13.75% or 5.09 to 31.94.

Crude oil for September delivery was up 0.75% or 0.58 to $78.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.33% or 0.27 to hit $81.98 a barrel, while the August Gold Futures contract fell 2.42% or 58.45 to trade at $2,357.25 a troy ounce.

EUR/USD was unchanged 0.20% to 1.09, while EUR/GBP unchanged 0.38% to 0.84.

The US Dollar Index Futures was down 0.11% at 104.01.

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