Investing.com – Italy stocks were lower after the close on Wednesday, as losses in the Telecoms, Financials and Travel & Leisure sectors led shares lower.
At the close in Milan, the Investing.com Italy 40 declined 1.13%.
The best performers of the session on the Investing.com Italy 40 were Banca Monte dei Paschi di Siena SpA (MI:BMPS), which rose 5.39% or 0.0167 points to trade at 0.3267 at the close. Meanwhile, Luxottica Group (MI:LUX) added 3.04% or 1.31 points to end at 44.46 and Saipem (MI:SPMI) was up 2.44% or 0.0099 points to 0.4158 in late trade.
The worst performers of the session were Banco Popolare Sc (MI:BAPO), which fell 6.64% or 0.1580 points to trade at 2.2220 at the close. UBI Banca (MI:UBI) declined 6.03% or 0.1700 points to end at 2.6480 and Telecom Italia (MI:TLIT) was down 5.27% or 0.0365 points to 0.6560.
Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 205 to 147 and 26 ended unchanged.
Crude oil for August delivery was down 4.21% or 1.97 to $44.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 4.48% or 2.17 to hit $46.30 a barrel, while the August Gold contract rose 0.66% or 8.85 to trade at $1344.15 a troy ounce.
EUR/USD was up 0.43% to 1.1109, while EUR/GBP rose 0.99% to 0.8434.
The US Dollar Index was down 0.37% at 96.19.