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Italy shares lower at close of trade; Investing.com Italy 40 down 1.55%

Published 03-10-2024, 09:35 pm
Updated 03-10-2024, 09:37 pm
© Reuters.  Italy shares lower at close of trade; Investing.com Italy 40 down 1.55%
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Investing.com – Italy equities were lower at the close on Thursday, as losses in the FTSE Italia All Share Chemicals, FTSE Italia Technology and FTSE Italia Utilities sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 declined 1.55% to hit a new 1-month low.

The biggest gainers of the session on the Investing.com Italy 40 were Telecom Italia (BIT:TLIT), which unchanged 1.62% or 0.00 points to trade at 0.25 at the close. Iveco Group NV (BIT:IVG) added 0.46% or 0.04 points to end at 8.79 and Bper Banca SpA (BIT:EMII) was up 0.43% or 0.02 points to 4.91 in late trade.

Biggest losers included DiaSorin SpA (BIT:DIAS), which fell 4.05% or 4.25 points to trade at 100.70 in late trade. Stellantis NV (BIT:STLAM) declined 4.00% or 0.50 points to end at 11.91 and Saipem SpA (BIT:SPMI) down 3.59% or 0.07 points to 1.96.

Falling stocks outnumbered advancing ones by 365 to 137 and 48 ended unchanged on the Milan Stock Exchange.

Shares in Stellantis NV (BIT:STLAM) fell to 52-week lows; falling 4.00% or 0.50 to 11.91.

Crude oil for November delivery was up 4.38% or 3.07 to $73.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 4.15% or 3.07 to hit $76.97 a barrel, while the December Gold Futures contract rose 0.02% or 0.50 to trade at $2,670.20 a troy ounce.

EUR/USD was unchanged 0.26% to 1.10, while EUR/GBP rose 0.87% to 0.84.

The US Dollar Index Futures was up 0.37% at 101.80.

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