Italy shares lower at close of trade; Italy 40 down 0.53%

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Italy shares lower at close of trade; Italy 40 down 0.53%
Credit: © Reuters. – Italy equities were lower at the close on Monday, as losses in the Financials , Chemicals and Travel & Leisure sectors propelled shares lower.

At the close in Milan, the Italy 40 lost 0.53% to hit a new 52-week low.

The biggest gainers of the session on the Italy 40 were Moncler SpA (MI: MONC ), which rose 2.72% or 1.01 points to trade at 38.08 at the close. Azimut Holding (MI: AZMT ) added 2.40% or 0.34 points to end at 14.29 and Unipol Gruppo Finanziario Spa (MI: UNPI ) was up 2.27% or 0.076 points to 3.426 in late trade.

Biggest losers included Banco Bpm (MI: BAMI ), which lost 3.01% or 0.070 points to trade at 2.243 in late trade. Unione di Banche Italiane SpA (MI: UBI ) declined 2.89% or 0.1010 points to end at 3.3920 and Leonardo SpA (MI: LDOF ) shed 2.66% or 0.271 points to 9.904.

Declining stocks outnumbered rising ones by 259 to 88 and 38 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for September delivery was down 2.63% or 1.78 to $65.85 a barrel. Meanwhile, Brent oil for delivery in October fell 2.14% or 1.56 to hit $71.25 a barrel, while the December Gold Futures contract fell 1.37% or 16.70 to trade at $1202.30 a troy ounce.

EUR/USD was down 0.19% to 1.1389, while EUR/GBP fell 0.06% to 0.8932.

The US Dollar Index Futures was up 0.09% at 96.28.

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