Investing.com – Italy stocks were lower after the close on Monday, as losses in the Financials, Travel & Leisure and Telecoms sectors led shares lower.
At the close in Milan, the FTSE MIB declined 5.17%.
The best performers of the session on the FTSE MIB were World Duty Free SpA (MILAN:WDF), which fell 0.50% or 0.050 points to trade at 10.050 at the close. Meanwhile, Ansaldo STS (MILAN:STS) fell 0.69% or 0.07 points to end at 9.34 and Pirelli & C (MILAN:PECI) was down 1.23% or 0.19 points to 15.20 in late trade.
The worst performers of the session were Banca Monte dei Paschi di Siena SpA (MILAN:BMPS), which fell 10.24% or 0.2020 points to trade at 1.7700 at the close. UBI Banca (MILAN:UBI) declined 7.95% or 0.615 points to end at 7.120 and Banca Popolare di Milano Scarl (MILAN:PMII) was down 7.91% or 0.0795 points to 0.9255.
Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 430 to 32 and 2 ended unchanged.
Crude oil for August delivery was down 2.00% or 1.19 to $58.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 2.17% or 1.38 to hit $61.88 a barrel, while the August Gold contract rose 0.38% or 4.50 to trade at $1177.70 a troy ounce.
EUR/USD was up 0.21% to 1.1187, while EUR/GBP rose 0.03% to 0.7092.
The US Dollar Index was down 0.32% at 95.30.