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CPRI HRA IT40 ITPG SPMI STM TLIT

Italy stocks lower at close of trade; Investing.com Italy 40 down 1.84%

investing.com 19/12/2024 - 17:05 PM

Market Summary

Investing.com – Italy stocks were lower after the close on Thursday, as losses in the Technology, Telecoms, and Financials sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 lost 1.84%.

Best Performers

  • Saipem SpA (BIT:SPMI): rose 3.44% or 0.09 points to trade at 2.64 at the close.
  • Davide Campari Milano SpA (BIT:CPRI): added 1.06% or 0.06 points to end at 6.09.
  • Hera (BIT:HRA): down 0.18% or 0.01 points to 3.35 in late trade.

Worst Performers

  • Telecom Italia (BIT:TLIT): fell 7.86% or 0.02 points to trade at 0.25 at the close.
  • STMicroelectronics (BIT:STMMI): declined 6.27% or 1.58 points to end at 23.54.
  • Interpump Group (BIT:ITPG): down 4.79% or 2.14 points to 42.54.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 436 to 92, and 36 ended unchanged.

Shares in Saipem SpA (BIT:SPMI) reached 52-week highs, gaining 3.44% or 0.09 to 2.64.

Commodities Update

  • Crude oil for January delivery: down 1.73% or 1.22 to $69.36 a barrel.
  • Brent oil for February: fell 0.87% or 0.64 to $72.75 a barrel.
  • February Gold Futures: down 1.71% or 45.36 to trade at $2,607.94 a troy ounce.

Currency Overview

  • EUR/USD: unchanged at 1.04.
  • EUR/GBP: unchanged at 0.83.
  • US Dollar Index Futures: up 0.35% at 108.13.



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