Investing.com – Italy equities were lower at the close on Thursday, as losses in the Financials, Telecoms and Oil & Gas sectors propelled shares lower.
At the close in Milan, the Investing.com Italy 40 declined 2.18% to hit a new 1-month low.
The biggest gainers of the session on the Investing.com Italy 40 were STMicroelectronics (MI:STM), which rose 4.31% or 0.198 points to trade at 4.788 at the close. A2A (MI:A2) added 0.68% or 0.008 points to end at 1.184 and Poste Italiane SpA (MI:PST) was up 0.47% or 0.0300 points to 6.3950 in late trade.
Biggest losers included Banca Monte dei Paschi di Siena SpA (MI:BMPS), which lost 8.09% or 0.0384 points to trade at 0.4361 in late trade. Banco Popolare (MI:BAPO) declined 7.55% or 0.3580 points to end at 4.3860 and UBI Banca (MI:UBI) shed 6.27% or 0.1880 points to 2.8100.
Declining stocks outnumbered rising ones by 303 to 102 and 15 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for May delivery was down 2.60% or 0.98 to $36.77 a barrel. Meanwhile, Brent oil for delivery in June fell 2.43% or 0.97 to hit $38.87 a barrel, while the June Gold contract rose 1.36% or 16.70 to trade at $1240.50 a troy ounce.
EUR/USD was down 0.16% to 1.1383, while EUR/GBP rose 0.16% to 0.8085.
The US Dollar Index was down 0.04% at 94.45.