Italy shares lower at close of trade; Italy 40 down 1.41%

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Italy shares lower at close of trade; Italy 40 down 1.41%
Credit: © Reuters. – Italy equities were lower at the close on Friday, as losses in the Chemicals , Healthcare and Oil & Gas sectors propelled shares lower.

At the close in Milan, the Italy 40 fell 1.41% to hit a new 1-month low.

The biggest gainers of the session on the Italy 40 were UnipolSai Assicurazioni SpA (MI: US ), which rose 1.52% or 0.030 points to trade at 2.003 at the close. Unipol Gruppo Finanziario Spa (MI: UNPI ) added 1.06% or 0.044 points to end at 4.192 and Banca Generali (MI: BGN ) was up 0.86% or 0.24 points to 28.16 in late trade.

Biggest losers included FinecoBank Banca Fineco SpA (MI: FBK ), which lost 3.90% or 0.37 points to trade at 9.21 in late trade. Recordati (MI: RECI ) declined 3.41% or 1.09 points to end at 30.87 and Banco Bpm (MI: BAMI ) shed 3.19% or 0.099 points to 2.986.

Declining stocks outnumbered rising ones by 283 to 87 and 23 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for March delivery was down 2.62% or 1.60 to $59.55 a barrel. Meanwhile, Brent oil for delivery in April fell 2.44% or 1.58 to hit $63.23 a barrel, while the April Gold Futures contract rose 0.03% or 0.40 to trade at $1319.40 a troy ounce.

EUR/USD was down 0.17% to 1.2226, while EUR/GBP rose 0.72% to 0.8865.

The US Dollar Index Futures was up 0.17% at 90.34.

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