Italy shares lower at close of trade; Italy 40 down 1.23%

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Italy shares lower at close of trade; Italy 40 down 1.23%
Credit: © Reuters. – Italy equities were lower at the close on Tuesday, as losses in the Financials , Utilities and Telecoms sectors propelled shares lower.

At the close in Milan, the Italy 40 declined 1.23%.

The biggest gainers of the session on the Italy 40 were STMicroelectronics (MI: STM ), which rose 4.33% or 0.880 points to trade at 21.180 at the close. Moncler SpA (MI: MONC ) added 3.77% or 1.50 points to end at 41.34 and Recordati (MI: RECI ) was up 3.65% or 1.16 points to 32.92 in late trade.

Biggest losers included Azimut Holding (MI: AZMT ), which lost 4.09% or 0.59 points to trade at 13.96 in late trade. Intesa Sanpaolo (MI: ISP ) declined 3.83% or 0.100 points to end at 2.498 and UniCredit SpA (MI: CRDI ) shed 3.56% or 0.5180 points to 14.0500.

Declining stocks outnumbered rising ones by 200 to 163 and 21 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for July delivery was up 0.39% or 0.25 to $65.00 a barrel. Meanwhile, Brent oil for delivery in August fell 0.45% or 0.34 to hit $74.95 a barrel, while the August Gold Futures contract rose 0.52% or 6.70 to trade at $1304.00 a troy ounce.

EUR/USD was up 0.15% to 1.1715, while EUR/GBP fell 0.36% to 0.8753.

The US Dollar Index Futures was down 0.18% at 93.85.

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