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Italy shares lower at close of trade; FTSE MIB down 0.40%

Published 21/04/2015, 17:35
© Reuters.  Italy shares lower at close of trade; FTSE MIB down 0.40%
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Investing.com – Italy equities were lower at the close on Tuesday, as losses in the Financials, Oil & Gas and Utilities sectors propelled shares lower.

At the close in Milan, the FTSE MIB lost 0.40%.

The biggest gainers of the session on the FTSE MIB were Salvatore Ferragamo (MILAN:SFER), which rose 4.10% or 1.20 points to trade at 30.44 at the close. STMicroelectronics (MILAN:STM) added 4.05% or 0.350 points to end at 8.990 and Tod'S (MILAN:TOD) was up 3.54% or 2.95 points to 86.40 in late trade.

Biggest losers included Banca Popolare Milano (MILAN:PMII), which lost 3.74% or 0.0350 points to trade at 0.9005 in late trade. Banca Pop Emilia Romagna (MILAN:BPEm) declined 3.46% or 0.258 points to end at 7.189 and Banco Popolare (MILAN:BAPO) shed 2.76% or 0.3800 points to 13.3800.

Declining stocks outnumbered rising ones by 250 to 228 and 5 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.76% or 0.44 to $57.44 a barrel. Meanwhile, Brent oil for delivery in June fell 0.92% or 0.58 to hit $62.87 a barrel, while the June Gold contract rose 0.65% or 7.80 to trade at $1201.50 a troy ounce.

EUR/USD was up 0.23% to 1.0762, while EUR/GBP fell 0.19% to 0.7189.

The US Dollar Index was down 0.22% at 97.94.

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