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Italy stocks lower at close of trade; Investing.com Italy 40 down 1.81%

Published 11/18/2016, 12:35 PM
Updated 11/18/2016, 12:35 PM
© Reuters.  Italy stocks lower at close of trade; Investing.com Italy 40 down 1.81%

Investing.com – Italy stocks were lower after the close on Friday, as losses in the Financials, Utilities and Telecoms sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 lost 1.81% to hit a new 1-month low.

The best performers of the session on the Investing.com Italy 40 were STMicroelectronics (MI:STM), which rose 1.95% or 0.170 points to trade at 8.870 at the close. Meanwhile, Fiat Chrysler Automobiles NV (MI:FCHA) added 0.57% or 0.040 points to end at 7.045 and Campari (MI:CPRI) was up 0.45% or 0.04 points to 8.85 in late trade.

The worst performers of the session were Banca Popolare di Milano Scarl (MI:PMII), which fell 5.22% or 0.0168 points to trade at 0.3052 at the close. Banco Popolare Sc (MI:BAPO) declined 5.10% or 0.104 points to end at 1.934 and Mediobanca (MI:MDBI) was down 4.04% or 0.275 points to 6.530.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 302 to 111 and 20 ended unchanged.

Shares in STMicroelectronics (MI:STM) rose to 52-week highs; gaining 1.95% or 0.170 to 8.870. Shares in Banca Popolare di Milano Scarl (MI:PMII) fell to 3-years lows; falling 5.22% or 0.0168 to 0.3052.

Crude oil for December delivery was up 0.18% or 0.08 to $45.50 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.22% or 0.10 to hit $46.59 a barrel, while the December Gold contract fell 0.68% or 8.25 to trade at $1208.65 a troy ounce.

EUR/USD was down 0.27% to 1.0595, while EUR/GBP rose 0.41% to 0.8592.

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The US Dollar Index was up 0.33% at 101.33.

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