Market close
Italian stocks ended Tuesday's session lower, with the Investing.com Italy 40 slipping 1.66% at the close in Milan. Sectors that exerted downward pressure on the market included Technology, Industrials and Travel & Leisure.
Top performers
The leading gainers on the Investing.com Italy 40 were:
- Amplifon (AMPF) - rose 1.69% or 0.17 points to finish at 10.15.
- Enel (ENEI) - added 0.80% or 0.08 points to close at 9.90.
- Leonardo SpA (LDOF) - increased 0.70% or 0.35 points to end at 50.43.
Largest declines
The heaviest losses on the index were posted by:
- STMicroelectronics (STMMI) - fell 8.44% or 5.85 points to close at 63.50.
- Stellantis NV (STLAM) - declined 6.74% or 0.38 points to end at 5.27; shares fell to 5-year lows.
- Prysmian SpA (PRY) - down 4.10% or 6.35 points to finish at 148.35.
Breadth
On the Milan Stock Exchange, decliners outnumbered advancers by 454 to 300, while 35 stocks ended the session unchanged.
Commodities and currencies
Commodities showed declines in energy and precious metals: crude oil for August delivery fell 1.07% or 0.79 to $73.07 a barrel. Brent oil for September delivery dropped 1.01% or 0.78 to $76.74 a barrel. The August Gold Futures contract was down 1.20% or 50.30, trading at $4,152.40 a troy ounce.
In foreign exchange, EUR/USD was unchanged 0.40% at 1.14, while EUR/GBP was unchanged 0.08% at 0.86. The US Dollar Index Futures rose 0.34% to 101.14.
Market context and closing note
The session closed with technology and industrial names among the weakest performers, while several utility and defense-related stocks registered modest gains. The breadth, commodity and currency moves recorded during the trading day provide a snapshot of the mixed pressures shaping Milan trade at the close.