3 months ago
Stock Market

France stocks lower at close of trade; CAC 40 down 1.36%

Investing.com – France stocks were lower after the close on Wednesday, as losses in the Technology, Consumer Services and Financials

Investing.com – France stocks were lower after the close on Wednesday, as losses in the Technology, Consumer Services and Financials sectors led shares lower.

At the close in Paris, the CAC 40 declined 1.36%, while the SBF 120 index fell 1.32%.

The best performers of the session on the CAC 40 were Orange SA (PA:ORAN), which rose 0.41% or 0.06 points to trade at 14.79 at the close. Meanwhile, Engie SA (PA:ENGIE) added 0.12% or 0.01 points to end at 12.37 and Pernod Ricard SA (PA:PERP) was down 0.21% or 0.30 points to 142.00 in late trade.

The worst performers of the session were TechnipFMC PLC (PA:FTI), which fell 3.47% or 0.73 points to trade at 20.31 at the close. Peugeot SA (PA:PEUP) declined 3.44% or 0.67 points to end at 18.66 and STMicroelectronics NV (PA:STM) was down 3.34% or 0.445 points to 12.880.

The top performers on the SBF 120 were Elior Group (PA:ELIOR) which rose 7.63% to 12.69, Technicolor (PA:TCH) which was up 4.11% to settle at 1.114 and ICADE (PA:ICAD) which gained 2.18% to close at 68.00.

The worst performers were Altran Technologies (PA:ALTT) which was down 8.03% to 7.555 in late trade, CGG SA (PA:GEPH) which lost 6.43% to settle at 1.338 and Tarkett (PA:TKTT) which was down 4.99% to 19.44 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 477 to 115 and 79 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 13.32% to 19.64.

Gold Futures for February delivery was down 0.22% or 2.70 to $1243.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.34% or 0.18 to hit $53.43 a barrel, while the February Brent oil contract rose 0.42% or 0.26 to trade at $62.34 a barrel.

EUR/USD was up 0.07% to 1.1351, while EUR/GBP fell 0.10% to 0.8908.

The US Dollar Index Futures was up 0.03% at 96.935.