Monday 28 December 2015

Italy stocks lower at close of trade; Italy 40 down 0.26%

Italy stocks were lower after the close on Monday, as losses in the Technology, Oil&Gas and Industrials sectors led shares lower.At the close in Milan, the  Italy 40 declined 0.26%.The best performers of the session on the Italy 40 were Banca Popolare di Milano Scarl (MI:PMII), which rose 1.71% or 0.0155 points to trade at 0.9200 at the close. Meanwhile, Unipol (MI:UNPI) added 1.27% or 0.060 points to end at 4.774 and Azimut Holding (MI:AZMT) was up 0.88% or 0.20 points to 22.94 in late trade.The worst performers of the session were Tenaris (MI:TENR), which fell 1.86% or 0.2100 points to trade at 11.0600 at the close. STMicroelectronics (MI:STM) declined 1.60% or 0.100 points to end at 6.150 and Moncler SpA (MI:MONC) was down 1.47% or 0.19 points to 12.70.Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 213 to 207 and 8 ended unchanged.Crude oil for February delivery was down 3.41% or 1.30 to $36.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 2.68% or 1.01 to hit $36.88 a barrel, while the February Gold contract fell 0.60% or 6.50 to trade at $1069.40 a troy ounce.EUR/USD was up 0.12% to 1.0977, while EUR/GBP rose 0.38% to 0.7376.The US Dollar Index was down 0.07% at 97.95.

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