Italy shares lower at close of trade; Italy 40 down 1.89%

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Italy shares lower at close of trade; Italy 40 down 1.89%
Credit: © Reuters. – Italy equities were lower at the close on Friday, as losses in the Technology , Financials and Telecoms sectors propelled shares lower.

At the close in Milan, the Italy 40 lost 1.89%.

The biggest gainers of the session on the Italy 40 were CNH Industrial NV (MI: CNHI ), which rose 1.67% or 0.110 points to trade at 6.700 at the close. Tod'S (MI: TOD ) added 1.01% or 0.60 points to end at 60.30 and Luxottica Group (MI: LUX ) was up 0.91% or 0.43 points to 47.57 in late trade.

Biggest losers included Unicredit (MI: CRDI ), which lost 5.28% or 0.1880 points to trade at 3.3740 in late trade. STMicroelectronics (MI: STM ) declined 4.53% or 0.255 points to end at 5.370 and Fiat Chrysler Automobiles NV (MI: FCHA ) shed 4.30% or 0.3150 points to 7.0100.

Declining stocks outnumbered rising ones by 280 to 128 and 18 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for June delivery was down 0.41% or 0.19 to $45.84 a barrel. Meanwhile, Brent oil for delivery in July fell 0.98% or 0.47 to hit $47.30 a barrel, while the June Gold contract rose 2.31% or 29.25 to trade at $1295.65 a troy ounce.

EUR/USD was up 0.77% to 1.1439, while EUR/GBP rose 0.67% to 0.7823.

The US Dollar Index was down 0.63% at 93.14.

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