Italian share prices ended the trading day in Milan on Monday under pressure, led by declines in the Chemicals, Utilities and Financials sectors. By the close, the Investing.com Italy 40 index had dropped 1.58%.
Top movers
- Nexi SpA (BIT:NEXII) was the session's strongest performer on the Italy 40, rising 2.77% or 0.11 points to finish at 4.16.
- DiaSorin SpA (BIT:DIAS) advanced 2.55% or 1.48 points to close at 59.50.
- STMicroelectronics (BIT:STMMI) gained 2.12% or 0.98 points to end the day at 46.97.
Lagging names
- Unipol Gruppo Finanziario Spa (BIT:UNPI) fell 3.65% or 0.81 points to close at 21.39.
- Intesa Sanpaolo SpA (BIT:ISP) declined 2.60% or 0.15 points to finish at 5.63.
- A2A SpA (BIT:A2) slipped 2.52% or 0.06 points to end at 2.36.
On the Milan Stock Exchange, falling stocks outnumbered advancing issues by 389 to 371, while 49 stocks ended the session unchanged.
Notable technical development
Shares of STMicroelectronics reached 52-week highs during the session, closing up 2.12% or 0.98 points at 46.97.
Commodities and currencies
- Crude oil for June delivery rose 3.36% or 3.43 to trade at $105.37 a barrel.
- Brent oil for July delivery climbed 5.20% or 5.62 to $113.79 a barrel.
- The June Gold Futures contract fell 2.40% or 111.56 to trade at $4,532.94 a troy ounce.
In currency trading, EUR/USD was unchanged 0.21% to 1.17, while EUR/GBP was unchanged 0.15% to 0.86. The US Dollar Index Futures was up 0.31% at 98.31.
Valuation tool note
A Fair Value calculator is available for investors evaluating Intesa Sanpaolo (ISP). The tool uses a mix of 17 proven industry valuation models to provide a consolidated valuation perspective across thousands of stocks.
This report summarizes market outcomes at the close in Milan and the related moves in commodities and currencies referenced above.