Investing.com – Italy stocks were lower after the close on Monday, as losses in the Telecoms, Financials and Oil & Gas sectors led shares lower.
At the close in Milan, the Investing.com Italy 40 declined 1.75% to hit a new 1-month low.
The best performers of the session on the Investing.com Italy 40 were Terna (MI:TRN), which rose 1.07% or 0.042 points to trade at 3.974 at the close. Meanwhile, Yoox Net-A-Porter Group SpA (MI:YNAP) added 0.23% or 0.06 points to end at 25.87 and Atlantia (MI:ATL) was down 0.10% or 0.02 points to 19.68 in late trade.
The worst performers of the session were Banca Monte dei Paschi di Siena SpA (MI:BMPS), which fell 13.65% or 2.7300 points to trade at 17.2700 at the close. Banca Pop Emilia Romagna (MI:EMII) declined 6.58% or 0.250 points to end at 3.550 and Banco Popolare Sc (MI:BAPO) was down 5.05% or 0.095 points to 1.786.
Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 334 to 72 and 15 ended unchanged.
Shares in Banco Popolare Sc (MI:BAPO) fell to all time lows; falling 5.05% or 0.095 to 1.786.
Crude oil for January delivery was up 2.37% or 1.09 to $47.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 2.11% or 1.02 to hit $49.26 a barrel, while the December Gold contract rose 0.77% or 9.10 to trade at $1187.50 a troy ounce.
EUR/USD was down 0.06% to 1.0581, while EUR/GBP rose 0.46% to 0.8529.
The US Dollar Index was unchanged 0.00% at 101.48.