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Italy stocks lower at close of trade; FTSE MIB down 0.49%

Published 05/28/2015, 12:35 PM
Updated 05/28/2015, 12:35 PM
© Reuters.  Italy stocks lower at close of trade; FTSE MIB down 0.49%

© Reuters. Italy stocks lower at close of trade; FTSE MIB down 0.49%

Investing.com – Italy stocks were lower after the close on Thursday, as losses in the Travel & Leisure, Oil & Gas and Financials sectors led shares lower.

At the close in Milan, the FTSE MIB declined 0.49%.

The best performers of the session on the FTSE MIB were STMicroelectronics (MILAN:STM), which rose 3.30% or 0.250 points to trade at 7.825 at the close. Meanwhile, Finmeccanica (MILAN:SIFI) added 2.09% or 0.250 points to end at 12.200 and Enel Green Power (MILAN:EGPW) was up 1.37% or 0.023 points to 1.707 in late trade.

The worst performers of the session were Saipem (MILAN:SPMI), which fell 3.00% or 0.36 points to trade at 11.63 at the close. Banca Pop Emilia Romagna (MILAN:EMII) declined 2.02% or 0.160 points to end at 7.760 and CNH Industrial NV (MILAN:CNHI) was down 1.98% or 0.165 points to 8.175.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 267 to 200 and 5 ended unchanged.

Shares in Finmeccanica (MILAN:SIFI) rose to 5-year highs; rising 2.09% or 0.250 to 12.200.

Crude oil for July delivery was down 0.97% or 0.56 to $56.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.15% or 0.10 to hit $62.16 a barrel, while the August Gold contract rose 0.11% or 1.30 to trade at $1187.80 a troy ounce.

EUR/USD was up 0.11% to 1.0917, while EUR/GBP rose 0.53% to 0.7140.

The US Dollar Index was up 0.03% at 97.37.

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