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France stocks lower at close of trade; CAC 40 down 0.78%

Published 11/04/2016, 01:35 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.78%
FCHI
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HOLN
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AIRF
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ACCP
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AXAF
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ENGIE
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OREP
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VIE
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UBIP
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MAUP
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JCDX
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SOPR
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SBF120
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FRCS
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FRFIN
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FRUT
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GNFT
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VCAC
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Investing.com – France stocks were lower after the close on Friday, as losses in the Consumer Services, Financials and Utilities sectors led shares lower.

At the close in Paris, the CAC 40 declined 0.78% to hit a new 1-month low, while the SBF 120 index lost 0.83%.

The best performers of the session on the CAC 40 were L’Oreal SA (PA:OREP), which rose 2.17% or 3.50 points to trade at 165.10 at the close. Meanwhile, Lafargeholcim Ltd (PA:LHN) added 1.56% or 0.73 points to end at 47.55 and Engie SA (PA:ENGIE) was up 0.75% or 0.10 points to 12.74 in late trade.

The worst performers of the session were AXA SA (PA:AXAF), which fell 2.93% or 0.58 points to trade at 19.39 at the close. Accor SA (PA:ACCP) declined 2.41% or 0.81 points to end at 32.66 and Veolia Environnement VE SA (PA:VIE) was down 2.29% or 0.415 points to 17.675.

The top performers on the SBF 120 were Ubisoft Entertainment (PA:UBIP) which rose 8.56% to 31.515, Maurel Et Prom (PA:MAUP) which was up 3.79% to settle at 4.110 and Genfit (PA:GNFT) which gained 2.22% to close at 18.900.

The worst performers were JC Decaux SA (PA:JCDX) which was down 9.79% to 24.34 in late trade, Air France KLM SA (PA:AIRF) which lost 6.42% to settle at 5.390 and Sopra Steria Group SA (PA:SOPR) which was down 4.72% to 91.66 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 499 to 188 and 90 ended unchanged.

Shares in Veolia Environnement VE SA (PA:VIE) fell to 52-week lows; down 2.29% or 0.415 to 17.675. Shares in JC Decaux SA (PA:JCDX) fell to 52-week lows; down 9.79% or 2.64 to 24.34.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 5.01% to 24.15 a new 3-months high.

Gold for December delivery was up 0.02% or 0.20 to $1303.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.70% or 0.76 to hit $43.90 a barrel, while the January Brent oil contract fell 1.94% or 0.90 to trade at $45.45 a barrel.

EUR/USD was up 0.12% to 1.1118, while EUR/GBP fell 0.28% to 0.8885.

The US Dollar Index was down 0.12% at 97.07.

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