Italy stocks lower at close of trade; Investing.com Italy 40 down 1.47%
Italy stocks closed lower on Thursday, as Technology, Telecoms, and Financials sectors took a hit, sending shares down. The Milan Stock Exchange's Investing.com Italy 40 index fell 1.47% to its 3-month low. Eni SpA led gains, rising 2.66% to 24.88, while Tenaris SA added 1.32% and A2A SpA went up 1.16%. STMicroelectronics, Telecom Italia, and UniCredit SpA saw the most significant declines, with losses of 3.75%, 3.63%, and 3.08% respectively.
Advancing stocks were outnumbered by falling ones, with 438 stocks falling and 255 rising. Only 48 stocks closed unchanged. Oil prices saw a rise, with November crude oil increasing 4.77% to $92.49 a barrel, and December Brent oil climbing 5.22% to $105.43. Meanwhile, Gold Futures fell 0.25% to $4,130.17 per troy ounce. Currency pairs EUR/USD, EUR/GBP, and the US Dollar Index Futures remained stable, with minor changes.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
