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Italy stocks lower at close of trade; Investing.com Italy 40 down 0.71%

Published 02/22/2017, 11:55 AM
Updated 02/22/2017, 11:55 AM
© Reuters.  Italy stocks lower at close of trade; Investing.com Italy 40 down 0.71%

© Reuters. Italy stocks lower at close of trade; Investing.com Italy 40 down 0.71%

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

At the close in Milan, the Investing.com Italy 40 declined 0.71%.

The best performers of the session on the Investing.com Italy 40 were STMicroelectronics (MI:STM), which rose 2.84% or 0.390 points to trade at 14.140 at the close. Meanwhile, Salvatore Ferragamo (MI:SFER) added 1.13% or 0.30 points to end at 26.82 and CNH Industrial NV (MI:CNHI) was up 0.73% or 0.065 points to 8.955 in late trade.

The worst performers of the session were Banco Bpm (MI:BAMI), which fell 4.24% or 0.102 points to trade at 2.302 at the close. Banca Pop Emilia Romagna (MI:EMII) declined 3.82% or 0.170 points to end at 4.276 and Saipem (MI:SPMI) was down 3.46% or 0.0161 points to 0.4495.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 196 to 144 and 15 ended unchanged.

Shares in STMicroelectronics (MI:STM) rose to 5-year highs; gaining 2.84% or 0.390 to 14.140. Shares in Salvatore Ferragamo (MI:SFER) rose to 52-week highs; up 1.13% or 0.30 to 26.82.

Crude oil for April delivery was down 1.49% or 0.81 to $53.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.64% or 0.93 to hit $55.73 a barrel, while the April Gold Futures contract fell 0.50% or 6.15 to trade at $1232.75 a troy ounce.

EUR/USD was up 0.19% to 1.0557, while EUR/GBP rose 0.33% to 0.8477.

The US Dollar Index Futures was down 0.09% at 101.36.

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