2 months ago
Stock Market

France stocks lower at close of trade; CAC 40 down 0.60%

Investing.com – France stocks were lower after the close on Thursday, as losses in the Oil&Gas, Consumer Goods and Consumer

Investing.com – France stocks were lower after the close on Thursday, as losses in the Oil&Gas, Consumer Goods and Consumer Services sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.60% to hit a new 52-week low, while the SBF 120 index declined 0.65%.

The best performers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 1.79% or 0.29 points to trade at 16.75 at the close. Meanwhile, Hermes International SCA (PA:HRMS) added 1.25% or 5.80 points to end at 469.30 and Dassault Systemes (PA:DAST) was up 0.90% or 0.90 points to 100.60 in late trade.

The worst performers of the session were Valeo SA (PA:VLOF), which fell 5.20% or 1.31 points to trade at 23.87 at the close. Veolia Environnement VE SA (PA:VIE) declined 2.75% or 0.495 points to end at 17.495 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) was down 2.53% or 2.16 points to 83.22.

The top performers on the SBF 120 were DBV Technologies (PA:DBV) which rose 9.54% to 10.680, Groupe FNAC (PA:FNAC) which was up 5.97% to settle at 54.150 and Euronext (PA:ENX) which gained 3.41% to close at 49.16.

The worst performers were Valeo SA (PA:VLOF) which was down 5.20% to 23.87 in late trade, Rexel (PA:RXL) which lost 4.36% to settle at 9.00 and Plastic Omnium (PA:PLOF) which was down 4.12% to 18.84 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 364 to 243 and 79 ended unchanged.

Shares in Compagnie Generale des Etablissements Michelin SCA (PA:MICP) fell to 52-week lows; falling 2.53% or 2.16 to 83.22. Shares in Rexel (PA:RXL) fell to 52-week lows; down 4.36% or 0.41 to 9.00.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 14.95% to 25.46 a new 6-months high.

Gold Futures for February delivery was up 0.78% or 9.95 to $1279.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 3.71% or 1.73 to hit $44.88 a barrel, while the March Brent oil contract fell 3.80% or 2.10 to trade at $53.19 a barrel.

EUR/USD was up 0.78% to 1.1441, while EUR/GBP rose 0.63% to 0.9044.

The US Dollar Index Futures was down 0.56% at 96.042.