Market Overview
Investing.com – Italy stocks closed lower on Tuesday, driven down by losses in the Oil & Gas, Industrials, and Financials sectors.
At the close in Milan, the Investing.com Italy 40 index declined by 1.19%.
Best Performers
The best performers on the Investing.com Italy 40 were:
– STMicroelectronics (BIT:STMMI): up 0.43% (0.11 points) to 24.50
– Brunello Cucinelli (BIT:BCU): up 0.29% (0.30 points) to 103.50
– Stellantis NV (BIT:STLAM): up 0.22% (0.03 points) to 12.76
Worst Performers
The worst performers included:
– Bper Banca SpA (BIT:EMII): down 2.73% (0.17 points) to 6.13
– Nexi SpA (BIT:NEXII): down 2.55% (0.15 points) to 5.59
– Eni SpA (BIT:ENI): down 2.41% (0.32 points) to 12.78
Overall, falling stocks outnumbered advancing ones on the Milan Stock Exchange, with 354 declining, 159 advancing, and 48 unchanged.
Eni SpA (BIT:ENI) shares fell to 52-week lows at 12.78.
Commodities Overview
Crude oil for January delivery decreased by 2.11% ($1.49) to $69.22 a barrel. Meanwhile, Brent oil for February delivery fell 1.43% ($1.06) to $72.85 a barrel. February Gold Futures also decreased by 0.54% ($14.29) to $2,655.71 a troy ounce.
Currency Performance
The EUR/USD remained stable, changing 0.05% to 1.05, while the EUR/GBP also held steady at 0.31%, trading at 0.83.
The US Dollar Index Futures fell by 0.09% to 106.46.
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