Stocks in Milan finished the trading day marginally lower on Monday, with the Investing.com Italy 40 index down 0.06% at the close.
Among individual movers, Leonardo SpA (BIT:LDOF) led gains, rising 2.65% - a 1.49 point increase - to finish at 57.80. Poste Italiane SpA (BIT:PST) also advanced, adding 2.64% or 0.57 points to close at 22.13. Telecom Italia (BIT:TLIT) was up 2.50%, increasing 0.02 points to trade at 0.66 by late trade.
On the downside, Amplifon (BIT:AMPF) was the session's biggest laggard, falling 2.89% or 0.27 points to end at 8.93. Stellantis NV (BIT:STLAM) declined 2.86%, down 0.20 points to 6.69, while Moncler SpA (BIT:MONC) dropped 2.46% or 1.34 points to close at 53.04.
Market breadth at the Borsa Italiana reflected a larger number of decliners than advancers, with 401 stocks falling versus 303 that rose; 37 shares finished unchanged.
Commodities trading showed strong upward moves in crude prices. Crude oil for May delivery rose 6.24% - up 6.03 to $102.60 a barrel. Brent for June delivery gained 7.05%, an increase of 6.71 to reach $101.91 a barrel. In contrast, the June Gold Futures contract fell 1.08%, down 51.89 to trade at $4,735.51 a troy ounce.
Foreign exchange and benchmark indexes moved modestly. EUR/USD was recorded at 1.17, showing a 0.09% change, while EUR/GBP was at 0.87 with a 0.03% change. The US Dollar Index Futures was up 0.14%, trading at 98.58.
Overall, the session mixed selective stock gains with broader sector weakness, leaving the headline Italy 40 index slightly lower at the close.