Italy's stock market finished the trading day in negative territory on Wednesday, driven by declines in Technology, Oil & Gas and Industrials names that pulled the benchmark lower.
At the close in Milan, the Investing.com Italy 40 index fell 0.79%.
Among individual stocks, Nexi SpA (BIT:NEXII) was the leading gainer on the index, up 4.68% or 0.19 points to close at 4.16. Luxury apparel group Brunello Cucinelli (BIT:BCU) also advanced, adding 3.81% or 3.08 points to finish at 83.98. Stellantis NV (BIT:STLAM) rose 3.34% or 0.17 points to end the session at 5.17.
On the downside, STMicroelectronics (BIT:STMMI) posted the largest drop among the movers listed, falling 3.99% or 2.45 points to trade at 58.88 at the close. Cable maker Prysmian SpA (BIT:PRY) declined 2.54% or 3.50 points to finish at 134.35, while aerospace supplier Avio SpA (BIT:AVI) slipped 2.52% or 0.78 points to end at 30.22.
Market breadth on the Milan Stock Exchange was tilted toward decliners, with 358 stocks falling versus 339 that advanced; 50 issues were unchanged.
Commodities traded softer during the session. Crude oil for August delivery lost 0.47% or 0.37 to settle at $78.97 a barrel. Brent crude for September delivery declined 0.51% or 0.43 to $84.30 a barrel. Precious metals also eased, with the August Gold Futures contract down 0.51% or 20.65 to trade at $4,049.05 a troy ounce.
In currency markets, EUR/USD was reported unchanged at 1.14, with the notation of 0.10% alongside that figure. EUR/GBP slipped 0.68% to 0.85. The US Dollar Index Futures fell 0.17% to 100.54.
These moves reflect a session of selective strength among individual equities amid broader sector pressure and modest weakness across key commodities and the dollar index.
Readers should note the specific percentage changes and closing prices cited for individual stocks, commodities and currency pairs, which are reported as of the market close in Milan.