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France stocks lower at close of trade; CAC 40 down 0.74%

Published 03/30/2022, 01:00 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.74%
FCHI
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SGOB
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PERP
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VLLP
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MICP
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TTEF
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RENA
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ERMT
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TCFP
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FRVIA
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VLOF
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SBF120
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FROG
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FRBM
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FRGWM
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VCAC
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NEOEN
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TE
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Investing.com – France stocks were lower after the close on Wednesday, as losses in the Oil & Gas, Basic Materials and Gas & Water sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.74%, while the SBF 120 index fell 0.75%.

The best performers of the session on the CAC 40 were TotalEnergies SE (PA:TTEF), which rose 2.52% or 1.15 points to trade at 46.97 at the close. Meanwhile, Pernod Ricard SA (PA:PERP) added 2.05% or 3.95 points to end at 197.00 and Thales (PA:TCFP) was up 1.96% or 2.20 points to 114.25 in late trade.

The worst performers of the session were Compagnie de Saint Gobain SA (PA:SGOB), which fell 4.26% or 2.47 points to trade at 55.45 at the close. Renault SA (PA:RENA) declined 3.85% or 0.99 points to end at 24.74 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) was down 2.88% or 3.65 points to 123.25.

The top performers on the SBF 120 were Neoen SA (PA:NEOEN) which rose 5.34% to 37.48, Vallourec (PA:VLLP) which was up 3.48% to settle at 11.59 and Eramet SA (PA:ERMT) which gained 3.08% to close at 150.60.

The worst performers were Faurecia (PA:EPED) which was down 8.47% to 24.33 in late trade, Valeo SA (PA:VLOF) which lost 6.36% to settle at 16.79 and Technip Energies BV (PA:TE) which was down 4.32% to 10.86 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 316 to 233 and 93 ended unchanged.

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 up 0.98% or 18.70 to $1,930.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.41% or 2.51 to hit $106.75 a barrel, while the June Brent oil contract rose 2.38% or 2.56 to trade at $110.27 a barrel.

EUR/USD was up 0.65% to 1.12, while EUR/GBP unchanged 0.27% to 0.85.

The US Dollar Index Futures was down 0.55% at 97.90.

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