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France stocks lower at close of trade; CAC 40 down 0.31%

Published 05/24/2018, 12:35 PM
Updated 05/24/2018, 12:36 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.31%
FCHI
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DANO
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BOUY
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CAGR
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STMPA
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PRTP
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UBIP
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VLOF
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NEXI
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LOCAL
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VANTI
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APAM
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SBF120
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FROG
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FRFIN
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FRUT
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ENX
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Investing.com – France stocks were lower after the close on Thursday, as losses in the Oil & Gas, Financials and Utilities sectors led shares lower.

At the close in Paris, the CAC 40 lost 0.31%, while the SBF 120 index lost 0.23%.

The best performers of the session on the CAC 40 were STMicroelectronics NV (PA:STM), which rose 1.69% or 0.335 points to trade at 20.200 at the close. Meanwhile, Kering SA (PA:PRTP) added 1.48% or 7.10 points to end at 487.10 and Danone SA (PA:DANO) was up 1.23% or 0.81 points to 66.40 in late trade.

The worst performers of the session were Credit Agricole SA (PA:CAGR), which fell 2.37% or 0.310 points to trade at 12.785 at the close. Bouygues SA (PA:BOUY) declined 2.11% or 0.88 points to end at 40.89 and Valeo SA (PA:VLOF) was down 2.08% or 1.20 points to 56.62.

The top performers on the SBF 120 were Solocal Group SA (PA:LOCAL) which rose 6.48% to 1.060, Euronext (PA:ENX) which was up 5.43% to settle at 54.40 and Ubisoft Entertainment (PA:UBIP) which gained 3.47% to close at 89.500.

The worst performers were Technicolor (PA:TCH) which was down 7.22% to 1.477 in late trade, Aperam SA (AS:APAM) which lost 3.02% to settle at 40.15 and Nexity (PA:NEXI) which was down 3.00% to 49.08 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 324 to 234 and 103 ended unchanged.

Shares in Credit Agricole SA (PA:CAGR) fell to 52-week lows; losing 2.37% or 0.310 to 12.785. Shares in Kering SA (PA:PRTP) rose to all time highs; gaining 1.48% or 7.10 to 487.10. Shares in Ubisoft Entertainment (PA:UBIP) rose to all time highs; rising 3.47% or 3.000 to 89.500.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.53% to 14.14.

Gold Futures for June delivery was up 1.13% or 14.60 to $1304.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.14% or 0.82 to hit $71.02 a barrel, while the July Brent oil contract fell 0.76% or 0.61 to trade at $79.19 a barrel.

EUR/USD was up 0.30% to 1.1731, while EUR/GBP unchanged 0.00% to 0.8764.

The US Dollar Index Futures was down 0.24% at 93.68.

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