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France stocks lower at close of trade; CAC 40 down 0.23%

Published 08/01/2018, 12:35 PM
Updated 08/01/2018, 12:37 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.23%
FCHI
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AIRF
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SASY
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VIE
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PRTP
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MT
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CASP
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ETL
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ATOS
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VLOF
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BICP
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SBF120
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FROG
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FRTEC
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FRUT
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GTT
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VCAC
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Investing.com – France stocks were lower after the close on Wednesday, as losses in the Utilities, Technology and Oil & Gas sectors led shares lower.

At the close in Paris, the CAC 40 lost 0.23%, while the SBF 120 index lost 0.23%.

The best performers of the session on the CAC 40 were ArcelorMittal SA (AS:MT), which rose 2.25% or 0.620 points to trade at 28.135 at the close. Meanwhile, Sanofi SA (PA:SASY) added 1.65% or 1.23 points to end at 75.60 and Kering SA (PA:PRTP) was up 0.57% or 2.60 points to 458.60 in late trade.

The worst performers of the session were Valeo SA (PA:VLOF), which fell 3.60% or 1.51 points to trade at 40.49 at the close. Veolia Environnement VE SA (PA:VIE) declined 3.28% or 0.640 points to end at 18.895 and Atos SE (PA:ATOS) was down 2.35% or 2.70 points to 112.15.

The top performers on the SBF 120 were Eutelsat Communications (PA:ETL) which rose 4.50% to 19.14, Air France KLM SA (PA:AIRF) which was up 4.17% to settle at 8.136 and GTT (PA:GTT) which gained 4.10% to close at 58.35.

The worst performers were BIC (PA:BICP) which was down 9.91% to 73.65 in late trade, Casino Guichard (PA:CASP) which lost 3.79% to settle at 33.52 and Valeo SA (PA:VLOF) which was down 3.60% to 40.49 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 351 to 218 and 94 ended unchanged.

Shares in Valeo SA (PA:VLOF) fell to 52-week lows; down 3.60% or 1.51 to 40.49. Shares in BIC (PA:BICP) fell to 5-year lows; losing 9.91% or 8.10 to 73.65. Shares in Valeo SA (PA:VLOF) fell to 52-week lows; down 3.60% or 1.51 to 40.49.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 2.07% to 12.65.

Gold Futures for August delivery was down 0.49% or 6.00 to $1217.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.44% or 0.99 to hit $67.77 a barrel, while the October Brent oil contract fell 2.05% or 1.52 to trade at $72.69 a barrel.

EUR/USD was down 0.21% to 1.1667, while EUR/GBP fell 0.17% to 0.8894.

The US Dollar Index Futures was up 0.14% at 94.46.

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