Investing.com – Italy equities were lower at the close on Wednesday, as losses in the Financials, Telecoms and Oil & Gas sectors propelled shares lower.
At the close in Milan, the Investing.com Italy 40 fell 2.46% to hit a new 6-month low.
The biggest gainers of the session on the Investing.com Italy 40 were Ferrari NV (MI:RACE), which rose 0.02% or 0.01 points to trade at 44.60 at the close. Italcementi (MI:ITAI) fell 0.29% or 0.030 points to end at 10.210 and A2A (MI:A2) was down 0.65% or 0.008 points to 1.230 in late trade.
Biggest losers included Banca Mediolanum SpA (MI:BMED), which lost 6.34% or 0.435 points to trade at 6.425 in late trade. Fiat Chrysler Automobiles NV (MI:FCHA) declined 5.20% or 0.4350 points to end at 7.9300 and Anima Holding SpA (MI:ANIM) shed 4.56% or 0.36 points to 7.53.
Declining stocks outnumbered rising ones by 324 to 77 and 7 ended unchanged on the Milan Stock Exchange.
In commodities trading, Crude oil for February delivery was down 4.64% or 1.67 to $34.30 a barrel. Meanwhile, Brent oil for delivery in February fell 5.01% or 1.82 to hit $34.59 a barrel, while the February Gold contract rose 1.16% or 12.50 to trade at $1090.90 a troy ounce.
EUR/USD was up 0.10% to 1.0758, while EUR/GBP rose 0.42% to 0.7357.
The US Dollar Index was up 0.02% at 99.48.