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Italy shares lower at close of trade; Investing.com Italy 40 down 0.33%

Published 2017/05/24, 18:35
© Reuters.  Italy shares lower at close of trade; Investing.com Italy 40 down 0.33%
UBI
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UNPI
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Investing.com – Italy equities were lower at the close on Wednesday, as losses in the Utilities, Oil & Gas and Travel & Leisure sectors propelled shares lower.

At the close in Milan, the Investing.com Italy 40 declined 0.33%.

The biggest gainers of the session on the Investing.com Italy 40 were Banco Bpm (MI:BAMI), which rose 4.01% or 0.120 points to trade at 3.110 at the close. Unipol Gruppo Finanziario Spa (MI:UNPI) added 2.57% or 0.100 points to end at 3.988 and Unione di Banche Italiane SpA (MI:UBI) was up 1.77% or 0.0660 points to 3.7900 in late trade.

Biggest losers included Salvatore Ferragamo (MI:SFER), which lost 5.19% or 1.47 points to trade at 26.85 in late trade. Italgas SpA (MI:IG) declined 1.89% or 0.09 points to end at 4.56 and Yoox Net-A-Porter Group SpA (MI:YNAP) shed 1.76% or 0.46 points to 25.74.

Advancing stocks outnumbered falling ones by 207 to 148 and 14 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.49% or 0.25 to $51.22 a barrel. Meanwhile, Brent oil for delivery in July fell 0.44% or 0.24 to hit $53.91 a barrel, while the June Gold Futures contract fell 0.32% or 4.02 to trade at $1251.48 a troy ounce.

EUR/USD was down 0.06% to 1.1176, while EUR/GBP rose 0.17% to 0.8644.

The US Dollar Index Futures was up 0.06% at 97.34.

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