Investing.com – Italy stocks were lower after the close on Wednesday, as losses in the Technology, Chemicals and Oil & Gas sectors led shares lower.
At the close in Milan, the FTSE MIB lost 0.13%.
The best performers of the session on the FTSE MIB were Buzzi Unicem (MILAN:BZU), which rose 2.76% or 0.39 points to trade at 14.50 at the close. Meanwhile, Moncler SpA (MILAN:MONC) added 1.90% or 0.32 points to end at 17.20 and Prysmian (MILAN:PRY) was up 1.76% or 0.36 points to 20.86 in late trade.
The worst performers of the session were STMicroelectronics (MILAN:STM), which fell 6.64% or 0.485 points to trade at 6.815 at the close. Tenaris (MILAN:TENR) declined 3.39% or 0.40 points to end at 11.40 and Saipem (MILAN:SPMI) was down 3.34% or 0.29 points to 8.40.
Rising stocks outnumbered declining ones on the Milan Stock Exchange by 252 to 208 and 4 ended unchanged.
Crude oil for September delivery was down 2.06% or 1.05 to $49.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September fell 1.08% or 0.61 to hit $56.42 a barrel, while the August Gold contract fell 1.03% or 11.40 to trade at $1092.10 a troy ounce.
EUR/USD was down 0.45% to 1.0885, while EUR/GBP fell 0.70% to 0.6981.
The US Dollar Index was up 0.45% at 97.85.