Italy stocks lower at close of trade; Investing.com Italy 40 down 0.07%

Italy stocks experienced a decline at the close of trade on Monday, with the Investing.com Italy 40 index falling by 0.07%. The Industrials, Technology, and Travel & Leisure sectors were among the major contributors to the market's downward trend. However, some companies managed to offset the overall losses. Tenaris SA (BIT:TENR) recorded the highest gain of the session, up by 2.97% or 0.69 points to 23.93 at the close.

Saipem SpA (BIT:SPMI) and Eni SpA (BIT:ENI) also saw positive movements, increasing by 2.29% or 0.10 points to 4.57, and 2.26% or 0.52 points to 23.31, respectively. On the other hand, Avio SpA (BIT:AVI) saw the most significant decline, dropping by 2.90% or 0.88 points to 29.42 at the close. Leonardo SpA (BIT:LDOF) and Buzzi Unicem (BIT:BZU) were also among the worst performers, with declines of 2.18% or 1.15 points to 51.72 and 1.89% or 0.79 points to 41.06, respectively.

In the commodities market, crude oil for October delivery rose by 2.51% to $85.49 a barrel. Brent oil for December delivery increased by 4.89% to $90.33 a barrel, while the December Gold Futures contract fell by 0.98% to $4,485.56 per troy ounce. The EUR/USD exchange rate remained unchanged at 1.16, and EUR/GBP was also unchanged at 0.86. The US Dollar Index Futures experienced a slight drop of 0.29% to 99.37.