Italy shares lower at close of trade; Italy 40 down 1.46%

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Italy shares lower at close of trade; Italy 40 down 1.46% – Italy equities were lower at the close on Friday, as losses in the Financials , Chemicals and Oil & Gas sectors propelled shares lower.

At the close in Milan, the Italy 40 declined 1.46% to hit a new 1-month low.

The biggest gainers of the session on the Italy 40 were Moncler SpA (MI: MONC ), which rose 3.78% or 1.43 points to trade at 39.26 at the close. Leonardo SpA (MI: LDOF ) added 2.18% or 0.192 points to end at 9.012 and Davide Campari Milano SpA (MI: CPRI ) was up 2.04% or 0.13 points to 6.51 in late trade.

Biggest losers included Banco Bpm (MI: BAMI ), which lost 7.34% or 0.191 points to trade at 2.410 in late trade. FinecoBank Banca Fineco SpA (MI: FBK ) declined 4.31% or 0.40 points to end at 8.79 and Mediobanca (MI: MDBI ) shed 4.01% or 0.356 points to 8.520.

Declining stocks outnumbered rising ones by 259 to 115 and 20 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for July delivery was down 4.30% or 3.04 to $67.67 a barrel. Meanwhile, Brent oil for delivery in July fell 3.39% or 2.67 to hit $76.12 a barrel, while the June Gold Futures contract fell 0.08% or 1.00 to trade at $1303.40 a troy ounce.

EUR/USD was down 0.50% to 1.1660, while EUR/GBP fell 0.02% to 0.8757.

The US Dollar Index Futures was up 0.43% at 94.12.

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