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France stocks lower at close of trade; CAC 40 down 1.13%

Published 01/29/2021, 11:00 AM
© Reuters.  France stocks lower at close of trade; CAC 40 down 1.13%
FCHI
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BNPP
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LVMH
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VLLP
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MICP
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VIV
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STMPA
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MMTP
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PUBP
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STDM
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LOIM
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KOF
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SBF120
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FRFDR
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FRGWM
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FRGF
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COFA
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VCAC
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Investing.com – France stocks were lower after the close on Friday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40 lost 1.13% to hit a new 1-month low, while the SBF 120 index fell 1.14%.

The best performers of the session on the CAC 40 were Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which rose 2.93% or 3.25 points to trade at 114.10 at the close. Meanwhile, STMicroelectronics NV (PA:STM) added 1.91% or 0.63 points to end at 33.66 and Publicis Groupe SA (PA:PUBP) was up 1.39% or 0.59 points to 43.09 in late trade.

The worst performers of the session were BNP Paribas SA (PA:BNPP), which fell 2.56% or 1.05 points to trade at 40.15 at the close. LVMH Moet Hennessy Louis Vuitton SE (PA:LVMH) declined 2.51% or 13.00 points to end at 504.00 and Vivendi SA (PA:VIV) was down 2.11% or 0.55 points to 25.56.

The top performers on the SBF 120 were Kaufman Et Broad (PA:KOF) which rose 7.65% to 38.00, Metropole Television SA (PA:MMTP) which was up 4.81% to settle at 13.94 and Sartorius Stedim Biotech SA (PA:STDM) which gained 3.20% to close at 341.60.

The worst performers were Vallourec (PA:VLLP) which was down 4.29% to 25.070 in late trade, Klepierre SA (PA:LOIM) which lost 3.91% to settle at 19.89 and Coface (PA:COFA) which was down 3.64% to 8.20 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 376 to 224 and 60 ended unchanged.

Shares in Compagnie Generale des Etablissements Michelin SCA (PA:MICP) rose to 52-week highs; gaining 2.93% or 3.25 to 114.10.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0% to 18.96 a new 1-month low.

Gold Futures for April delivery was up 1.09% or 20.10 to $1861.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.73% or 0.38 to hit $52.72 a barrel, while the April Brent oil contract rose 0.76% or 0.42 to trade at $55.52 a barrel.

EUR/USD was up 0.24% to 1.2150, while EUR/GBP rose 0.20% to 0.8851.

The US Dollar Index Futures was down 0.01% at 90.422.

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