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Italy stocks lower at close of trade; Investing.com Italy 40 down 1.91%

Published 09/13/2016, 12:35 PM
Updated 09/13/2016, 12:35 PM
© Reuters.  Italy stocks lower at close of trade; Investing.com Italy 40 down 1.91%

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

At the close in Milan, the Investing.com Italy 40 lost 1.91%.

The best performers of the session on the Investing.com Italy 40 were Poste Italiane SpA (MI:PST), which rose 1.49% or 0.090 points to trade at 6.135 at the close. Meanwhile, Luxottica Group (MI:LUX) added 1.39% or 0.59 points to end at 43.00 and STMicroelectronics (MI:STM) was up 1.27% or 0.085 points to 6.775 in late trade.

The worst performers of the session were Saipem (MI:SPMI), which fell 4.83% or 0.0191 points to trade at 0.3764 at the close. Unicredit (MI:CRDI) declined 4.17% or 0.0940 points to end at 2.1580 and Telecom Italia (MI:TLIT) was down 3.80% or 0.0300 points to 0.7585.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 276 to 118 and 26 ended unchanged.

Crude oil for October delivery was down 2.59% or 1.20 to $45.09 a barrel. Elsewhere in commodities trading, Brent oil for delivery in November fell 2.15% or 1.04 to hit $47.28 a barrel, while the December Gold contract rose 0.11% or 1.40 to trade at $1327.00 a troy ounce.

EUR/USD was down 0.01% to 1.1234, while EUR/GBP rose 1.12% to 0.8518.

The US Dollar Index was up 0.32% at 95.42.

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