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France stocks lower at close of trade; CAC 40 down 1.22%

Published 05/13/2019, 01:00 PM
France stocks lower at close of trade; CAC 40 down 1.22%
FCHI
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ENGIE
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SASY
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STMPA
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VIE
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MT
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FRVIA
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ADP
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CVO
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VLOF
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VIRI
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IPN
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TFFP
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SBF120
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FRBM
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FRGWM
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FRGF
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VCAC
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Investing.com – France stocks were lower after the close on Monday, as losses in the Basic Materials, Gas & Water and General Financial sectors led shares lower.

At the close in Paris, the CAC 40 lost 1.22% to hit a new 1-month low, while the SBF 120 index declined 1.32%.

The best performers of the session on the CAC 40 were Veolia Environnement VE SA (PA:VIE), which rose 0.58% or 0.120 points to trade at 20.820 at the close. Meanwhile, Engie SA (PA:ENGIE) added 0.57% or 0.07 points to end at 13.20 and Sanofi SA (PA:SASY) was up 0.33% or 0.24 points to 72.96 in late trade.

The worst performers of the session were Valeo SA (PA:VLOF), which fell 5.25% or 1.50 points to trade at 27.05 at the close. ArcelorMittal SA (AS:MT) declined 5.17% or 0.840 points to end at 15.400 and STMicroelectronics NV (PA:STM) was down 4.99% or 0.745 points to 14.170.

The top performers on the SBF 120 were Aeroports de Paris SA (PA:ADP) which rose 1.96% to 156.00, CGG SA (PA:GEPH) which was up 1.67% to settle at 1.550 and Ipsen SA (PA:IPN) which gained 1.41% to close at 100.90.

The worst performers were Television Francaise 1 SA (PA:TFFP) which was down 5.77% to 9.230 in late trade, Faurecia (PA:EPED) which lost 5.65% to settle at 37.25 and Covivio SA (PA:FDR) which was down 5.59% to 92.05 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 455 to 123 and 68 ended unchanged.

Shares in ArcelorMittal SA (AS:MT) fell to 52-week lows; falling 5.17% or 0.840 to 15.400.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 9.51% to 18.66.

Gold Futures for June delivery was up 1.10% or 14.10 to $1301.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.61% or 0.99 to hit $60.67 a barrel, while the July Brent oil contract fell 1.25% or 0.88 to trade at $69.74 a barrel.

EUR/USD was up 0.02% to 1.1236, while EUR/GBP rose 0.39% to 0.8678.

The US Dollar Index Futures was down 0.03% at 97.097.

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