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France stocks lower at close of trade; CAC 40 down 0.24%

Published 02/09/2024, 12:05 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.24%

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

At the close in Paris, the CAC 40 fell 0.24%, while the SBF 120 index declined 0.38%.

The best performers of the session on the CAC 40 were Hermes International SCA (EPA:HRMS), which rose 4.80% or 99.50 points to trade at 2,174.50 at the close. Meanwhile, STMicroelectronics NV (EPA:STMPA) added 2.02% or 0.85 points to end at 42.71 and Vivendi SA (EPA:VIV) was up 1.47% or 0.15 points to 10.32 in late trade.

The worst performers of the session were L’Oreal SA (EPA:OREP), which fell 7.58% or 34.35 points to trade at 418.80 at the close. BNP Paribas SA (EPA:BNPP) declined 2.02% or 1.10 points to end at 53.44 and Engie SA (EPA:ENGIE) was down 2.00% or 0.29 points to 14.10.

The top performers on the SBF 120 were Ubisoft Entertainment (EPA:UBIP) which rose 13.81% to 22.67, Nexans SA (EPA:NEXS) which was up 5.87% to settle at 90.25 and Hermes International SCA (EPA:HRMS) which gained 4.80% to close at 2,174.50.

The worst performers were X Fab Silicon Foundries EV (EPA:XFAB) which was down 12.92% to 7.82 in late trade, L’Oreal SA (EPA:OREP) which lost 7.58% to settle at 418.80 and Atos SE (EPA:ATOS) which was down 5.78% to 2.48 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 296 to 223 and 87 ended unchanged.

Shares in Hermes International SCA (EPA:HRMS) rose to all time highs; gaining 4.80% or 99.50 to 2,174.50. Shares in Hermes International SCA (EPA:HRMS) rose to all time highs; up 4.80% or 99.50 to 2,174.50. Shares in Atos SE (EPA:ATOS) fell to all time lows; down 5.78% or 0.15 to 2.48.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for April delivery was down 0.60% or 12.25 to $2,035.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.72% or 0.55 to hit $76.77 a barrel, while the April Brent oil contract rose 0.61% or 0.50 to trade at $82.13 a barrel.

EUR/USD was unchanged 0.06% to 1.08, while EUR/GBP unchanged 0.05% to 0.85.

The US Dollar Index Futures was down 0.03% at 104.00.

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