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Italy shares lower at close of trade; Investing.com Italy 40 down 1.91%

Published 2016-09-13, 12:35 p/m
© Reuters.  Italy shares lower at close of trade; Investing.com Italy 40 down 1.91%
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Investing.com – Italy equities were lower at the close on Tuesday, as losses in the Oil & Gas, Telecoms and Financials sectors propelled shares lower.

At the close in Milan, the Investing.com Italy 40 lost 1.91%.

The biggest gainers of the session on the Investing.com Italy 40 were Poste Italiane SpA (MI:PST), which rose 1.49% or 0.090 points to trade at 6.135 at the close. Luxottica Group (MI:LUX) added 1.39% or 0.59 points to end at 43.00 and STMicroelectronics (MI:STM) was up 1.27% or 0.085 points to 6.775 in late trade.

Biggest losers included Saipem (MI:SPMI), which lost 4.83% or 0.0191 points to trade at 0.3764 in late trade. Unicredit (MI:CRDI) declined 4.17% or 0.0940 points to end at 2.1580 and Telecom Italia (MI:TLIT) shed 3.80% or 0.0300 points to 0.7585.

Declining stocks outnumbered rising ones by 276 to 118 and 26 ended unchanged on the Milan Stock Exchange.

In commodities trading, Crude oil for October delivery was down 2.59% or 1.20 to $45.09 a barrel. Meanwhile, Brent oil for delivery in November fell 2.13% or 1.03 to hit $47.29 a barrel, while the December Gold contract rose 0.11% or 1.45 to trade at $1327.05 a troy ounce.

EUR/USD was down 0.01% to 1.1234, while EUR/GBP rose 1.13% to 0.8519.

The US Dollar Index was up 0.32% at 95.42.

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