Italy stocks lower at close of trade; Investing.com Italy 40 down 1.96%

Published:2025-05-24 02:07:06
Italy stocks lower at close of trade; Investing.com Italy 40 down 1.96%

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

At the close in Milan, the Investing.com Italy 40 fell 1.96%.

The best performers of the session on the Investing.com Italy 40 were Iveco Group NV (BIT:IVG), which rose 3.36% or 0.56 points to trade at 17.22 at the close. Meanwhile, Terna Rete Elettrica Nazionale SpA (BIT:TRN) added 0.72% or 0.06 points to end at 8.99 and Leonardo SpA (BIT:LDOF) was up 0.27% or 0.14 points to 51.36 in late trade.

The worst performers of the session were Stellantis NV (BIT:STLAM), which fell 4.62% or 0.42 points to trade at 8.74 at the close. STMicroelectronics (BIT:STMMI) declined 4.18% or 0.94 points to end at 21.52 and Ferrari NV (BIT:RACE) was down 3.58% or 15.60 points to 420.70.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 396 to 199 and 43 ended unchanged.

Shares in Iveco Group NV (BIT:IVG) rose to all time highs; up 3.36% or 0.56 to 17.22. Shares in Terna Rete Elettrica Nazionale SpA (BIT:TRN) rose to all time highs; rising 0.72% or 0.06 to 8.99.

Crude oil for July delivery was up 0.52% or 0.32 to $61.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.50% or 0.32 to hit $64.76 a barrel, while the June Gold Futures contract rose 1.91% or 63.09 to trade at $3,358.09 a troy ounce.

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EUR/USD was up 0.57% to 1.13, while EUR/GBP unchanged 0.05% to 0.84.

The US Dollar Index Futures was down 0.69% at 99.16.

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