Italy shares lower at close of trade; Italy 40 down 3.54%

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Italy shares lower at close of trade; Italy 40 down 3.54%
Credit: © Reuters. – Italy equities were lower at the close on Thursday, as losses in the Technology , Financials and Travel & Leisure sectors propelled shares lower.

At the close in Milan, the Italy 40 fell 3.54%.

The biggest gainers of the session on the Italy 40 were Italgas SpA (MI: IG ), which fell 0.52% or 0.025 points to trade at 4.798 at the close. Luxottica Group SpA (MI: LUX ) fell 0.61% or 0.32 points to end at 52.14 and Davide Campari Milano SpA (MI: CPRI ) was down 0.80% or 0.06 points to 7.47 in late trade.

Biggest losers included FinecoBank Banca Fineco SpA (MI: FBK ), which lost 6.77% or 0.66 points to trade at 9.06 in late trade. Saipem SpA (MI: SPMI ) declined 6.39% or 0.2510 points to end at 3.6790 and STMicroelectronics (MI: STM ) shed 5.99% or 0.770 points to 12.090.

Declining stocks outnumbered rising ones by 322 to 37 and 28 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for January delivery was down 3.37% or 1.78 to $51.11 a barrel. Meanwhile, Brent oil for delivery in February fell 3.49% or 2.15 to hit $59.41 a barrel, while the February Gold Futures contract rose 0.28% or 3.45 to trade at $1246.05 a troy ounce.

EUR/USD was up 0.37% to 1.1386, while EUR/GBP fell 0.09% to 0.8901.

The US Dollar Index Futures was down 0.34% at 96.685.

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