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

Investing.com – Italy stocks were lower after the close on Thursday, as losses in the Chemicals , Technology and Utilities sectors led shares lower.

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were DiaSorin SpA (BIT:DIAS ), which fell 4.05% or 4.25 points to trade at 100.70 at the close. Stellantis NV (BIT:STLAM ) declined 4.00% or 0.50 points to end at 11.91 and Saipem SpA (BIT:SPMI ) was down 3.59% or 0.07 points to 1.96.

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

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

Crude oil for November delivery was up 4.35% or 3.05 to $73.15 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 4.11% or 3.04 to hit $76.94 a barrel, while the December Gold Futures contract rose 0.02% or 0.55 to trade at $2,670.25 a troy ounce.

EUR/USD was unchanged 0.27% to 1.10, while EUR/GBP rose 0.86% to 0.84.

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

Source: Investing.com