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France stocks lower at close of trade; CAC 40 down 1.29%

Published 05/29/2018, 12:35 PM
Updated 05/29/2018, 12:36 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 1.29%
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Investing.com – France stocks were lower after the close on Tuesday, as losses in the Financials, Consumer Services and Technology sectors led shares lower.

At the close in Paris, the CAC 40 fell 1.29% to hit a new 1-month low, while the SBF 120 index declined 1.29%.

The best performers of the session on the CAC 40 were TechnipFMC PLC (PA:FTI), which rose 2.02% or 0.53 points to trade at 26.78 at the close. Meanwhile, Safran SA (PA:SAF) added 0.75% or 0.75 points to end at 100.40 and Total SA (PA:TOTF) was up 0.49% or 0.25 points to 51.01 in late trade.

The worst performers of the session were BNP Paribas SA (PA:BNPP), which fell 4.46% or 2.67 points to trade at 57.22 at the close. AXA SA (PA:AXAF) declined 3.41% or 0.76 points to end at 21.53 and Valeo SA (PA:VLOF) was down 3.38% or 1.90 points to 54.36.

The top performers on the SBF 120 were SES (PA:SESFd) which rose 4.13% to 14.25, Eramet (PA:ERMT) which was up 2.08% to settle at 147.40 and Vallourec (PA:VLLP) which gained 2.03% to close at 5.324.

The worst performers were Natixis (PA:CNAT) which was down 4.78% to 6.250 in late trade, BNP Paribas SA (PA:BNPP) which lost 4.46% to settle at 57.22 and Television Francaise 1 SA (PA:TFFP) which was down 4.06% to 9.565 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 442 to 134 and 95 ended unchanged.

Shares in BNP Paribas SA (PA:BNPP) fell to 52-week lows; losing 4.46% or 2.67 to 57.22. Shares in BNP Paribas SA (PA:BNPP) fell to 52-week lows; losing 4.46% or 2.67 to 57.22. Shares in Television Francaise 1 SA (PA:TFFP) fell to 52-week lows; down 4.06% or 0.405 to 9.565.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 11.15% to 17.71 a new 1-month high.

Gold Futures for June delivery was down 0.12% or 1.50 to $1302.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 2.52% or 1.71 to hit $66.17 a barrel, while the August Brent oil contract fell 0.50% or 0.38 to trade at $74.94 a barrel.

EUR/USD was down 0.64% to 1.1551, while EUR/GBP fell 0.16% to 0.8719.

The US Dollar Index Futures was up 0.41% at 94.75.

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