Italy shares lower at close of trade; Italy 40 down 1.22%

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Italy shares lower at close of trade; Italy 40 down 1.22%
Credit: © Reuters. – Italy equities were lower at the close on Tuesday, as losses in the Telecoms , Financials and Oil & Gas sectors propelled shares lower.

At the close in Milan, the Italy 40 declined 1.22% to hit a new 1-month low.

The biggest gainers of the session on the Italy 40 were Ferrari NV (MI: RACE ), which rose 0.06% or 0.06 points to trade at 99.32 at the close. Yoox Net-A-Porter Group SpA (MI: YNAP ) added 0.05% or 0.02 points to end at 37.71 and Moncler SpA (MI: MONC ) was unchanged 0.00% or 0.00 points to 26.55 in late trade.

Biggest losers included Banca Generali (MI: BGN ), which lost 4.31% or 1.22 points to trade at 27.10 in late trade. UniCredit SpA (MI: CRDI ) declined 3.39% or 0.6040 points to end at 17.2320 and Banco Bpm (MI: BAMI ) shed 3.24% or 0.098 points to 2.909.

Declining stocks outnumbered rising ones by 262 to 91 and 24 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for March delivery was down 0.47% or 0.28 to $59.01 a barrel. Meanwhile, Brent oil for delivery in April fell 0.22% or 0.14 to hit $62.45 a barrel, while the April Gold Futures contract rose 0.28% or 3.70 to trade at $1330.10 a troy ounce.

EUR/USD was up 0.58% to 1.2363, while EUR/GBP rose 0.20% to 0.8901.

The US Dollar Index Futures was down 0.52% at 89.54.

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