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Italy shares lower at close of trade; Investing.com Italy 40 down 0.32%

Published 27/11/2024, 17:05
© Reuters Italy shares lower at close of trade; Investing.com Italy 40 down 0.32%
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Investing.com – Italy equities were lower at the close on Wednesday, as losses in the Technology, Chemicals and Travel & Leisure sectors propelled shares lower.

At the close in Milan, the Investing.com Italy 40 lost 0.32% to hit a new 1-month low.

The biggest gainers of the session on the Investing.com Italy 40 were Banca Monte dei Paschi di Siena SpA (BIT:BMPS), which rose 3.15% or 0.18 points to trade at 6.02 at the close. Pirelli & C SPA (BIT:PIRC) added 1.85% or 0.09 points to end at 5.06 and Davide Campari Milano SpA (BIT:CPRI) was up 1.77% or 0.10 points to 5.75 in late trade.

Biggest losers included STMicroelectronics (BIT:STMMI), which lost 2.33% or 0.57 points to trade at 23.87 in late trade. Assicurazioni Generali SpA (BIT:GASI) declined 2.24% or 0.62 points to end at 27.08 and Iveco Group NV (BIT:IVG) shed 1.02% or 0.09 points to 9.12.

Declining stocks outnumbered rising ones by 286 to 222 and 53 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for January delivery was down 0.48% or 0.33 to $68.44 a barrel. Meanwhile, Brent oil for delivery in February fell 0.51% or 0.37 to hit $71.95 a barrel, while the February Gold Futures contract rose 0.70% or 18.41 to trade at $2,664.71 a troy ounce.

EUR/USD was up 0.91% to 1.06, while EUR/GBP unchanged 0.00% to 0.83.

The US Dollar Index Futures was down 1.02% at 105.88.

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