Italy shares lower at close of trade; Italy 40 down 1.94%

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Italy shares lower at close of trade; Italy 40 down 1.94%
Credit: © Reuters. – Italy equities were lower at the close on Friday, as losses in the Oil & Gas , Industrials and Financials sectors propelled shares lower.

At the close in Milan, the Italy 40 declined 1.94% to hit a new 6-month low.

The biggest gainers of the session on the Italy 40 were Salvatore Ferragamo SpA (MI: SFER ), which rose 0.37% or 0.09 points to trade at 24.33 at the close. Yoox Net-A-Porter Group SpA (MI: YNAP ) added 0.16% or 0.06 points to end at 37.99 and Davide Campari Milano SpA (MI: CPRI ) was unchanged 0.00% or 0.00 points to 6.45 in late trade.

Biggest losers included Banco Bpm (MI: BAMI ), which lost 4.02% or 0.097 points to trade at 2.303 in late trade. CNH Industrial NV (MI: CNHI ) declined 3.57% or 0.360 points to end at 9.710 and Unipol Gruppo Finanziario Spa (MI: UNPI ) shed 3.38% or 0.122 points to 3.492.

Declining stocks outnumbered rising ones by 291 to 72 and 17 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for July delivery was down 0.64% or 0.42 to $65.53 a barrel. Meanwhile, Brent oil for delivery in August fell 1.09% or 0.84 to hit $76.48 a barrel, while the August Gold Futures contract fell 0.05% or 0.60 to trade at $1302.40 a troy ounce.

EUR/USD was down 0.24% to 1.1771, while EUR/GBP fell 0.09% to 0.8782.

The US Dollar Index Futures was up 0.14% at 93.56.

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