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Home International Customs Italy

Italy stocks lower at closing of trade, Italy 40 lost 1.07%

byCT Report
06/03/2017
in Italy
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ROME: Italy stocks were lower after the close on Monday, as losses in the Technology, Financials and Oil & Gas sectors led shares lower.

At the close in Milan, Italy 40 lost 1.07%.

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The best performers of the session on the Investing.com Italy 40 were Poste Italiane SpA (MI:PST), which rose 4.61% or 0.280 points to trade at 6.350 at the close. Meanwhile, Salvatore Ferragamo (MI:SFER) added 0.79% or 0.22 points to end at 28.04 and Moncler SpA (MI:MONC) was up 0.78% or 0.15 points to 19.26 in late trade.

The worst performers of the session were Banco Bpm (MI:BAMI), which fell 4.15% or 0.104 points to trade at 2.402 at the close. Prysmian (MI:PRY) declined 2.75% or 0.66 points to end at 23.34 and Banca Pop Emilia Romagna (MI:EMII) was down 2.72% or 0.128 points to 4.572.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 201 to 151 and 15 ended unchanged.

Shares in Salvatore Ferragamo (MI:SFER) rose to 52-week highs; gaining 0.79% or 0.22 to 28.04. Shares in Moncler SpA (MI:MONC) rose to all time highs; gaining 0.78% or 0.15 to 19.26.

Crude oil for April delivery was down 0.54% or 0.29 to $53.04 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.23% or 0.13 to hit $55.77 a barrel, while the April Gold Futures contract rose 0.04% or 0.45 to trade at $1226.95 a troy ounce.

EUR/USD was down 0.36% to 1.0583, while EUR/GBP rose 0.16% to 0.8646.

The US Dollar Index Futures was up 0.31% at 101.66.

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