Italy stocks lower at close of trade; Investing.com Italy 40 down 1.69%

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

At the close in Milan, the fell 1.69%.

The best performers of the session on the were Brunello Cucinelli (BIT:), which rose 1.79% or 1.70 points to trade at 96.75 at the close. Meanwhile, Saipem SpA (BIT:) added 1.59% or 0.03 points to end at 1.98 and Telecom Italia (BIT:) was unchanged 0.77% or 0.00 points to 0.25 in late trade.

The worst performers of the session were Stellantis NV (BIT:), which fell 14.72% or 2.14 points to trade at 12.41 at the close. Iveco Group NV (BIT:) declined 4.04% or 0.38 points to end at 9.02 and Amplifon (BIT:) was down 3.41% or 0.91 points to 25.81.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 345 to 199 and 34 ended unchanged.

Shares in Stellantis NV (BIT:) fell to 52-week lows; down 14.72% or 2.14 to 12.41.

Crude oil for November delivery was up 1.07% or 0.73 to $68.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.03% or 0.74 to hit $72.28 a barrel, while the December Gold Futures contract fell 0.41% or 10.95 to trade at $2,657.15 a troy ounce.

EUR/USD was unchanged 0.14% to 1.11, while EUR/GBP unchanged 0.36% to 0.83.

The US Dollar Index Futures was up 0.23% at 100.34.