Italy stocks lower at close of trade; Investing.com Italy 40 down 0.12%

Category: Stock Market

Italy stocks were lower after the close on Wednesday, as losses in the Technology, Financials and Chemicals sectors led shares lower.At the close in Milan, the Investing.com Italy 40 fell 0.12%.The best performers of the session on the Investing.com Italy 40 were Saipem (MI:SPMI), which rose 4.87% or 0.0185 points to trade at 0.3980 at the close. Meanwhile, Generali (MI:GASI) added 1.89% or 0.2400 points to end at 12.9500 and Tenaris (MI:TENR) was up 1.73% or 0.2200 points to 12.9600 in late trade.The worst performers of the session were Unicredit (MI:CRDI), which fell 4.57% or 0.1220 points to trade at 2.5500 at the close. UBI Banca (MI:UBI) declined 3.52% or 0.1120 points to end at 3.0720 and Banca Pop Emilia Romagna (MI:EMII) was down 3.21% or 0.144 points to 4.346.Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 254 to 141 and 25 ended unchanged.Shares in Unicredit (MI:CRDI) fell to 3-years lows; down 4.57% or 0.1220 to 2.5500.Crude oil for July delivery was up 1.67% or 0.84 to $51.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.92% or 0.99 to hit $52.43 a barrel, while the August Gold contract rose 1.30% or 16.25 to trade at $1263.25 a troy ounce.EUR/USD was up 0.41% to 1.1405, while EUR/GBP rose 0.36% to 0.7838.The US Dollar Index was down 0.38% at 93.48.