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France stocks lower at close of trade; CAC 40 down 1.57%

Published 04/03/2020, 01:00 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 1.57%
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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 declined 1.57%, while the SBF 120 index fell 1.67%.

The best performers of the session on the CAC 40 were Carrefour SA (PA:CARR), which rose 6.08% or 0.86 points to trade at 15.09 at the close. Meanwhile, Publicis Groupe SA (PA:PUBP) added 4.22% or 1.10 points to end at 27.16 and Sanofi SA (PA:SASY) was up 2.37% or 1.88 points to 81.36 in late trade.

The worst performers of the session were WFD Unibail Rodamco NV (AS:URW), which fell 9.05% or 4.50 points to trade at 45.22 at the close. Safran SA (PA:SAF) declined 8.16% or 5.60 points to end at 63.00 and Societe Generale SA (PA:SOGN) was down 8.15% or 1.14 points to 12.80.

The top performers on the SBF 120 were Carrefour SA (PA:CARR) which rose 6.08% to 15.09, Tarkett (PA:TKTT) which was up 5.94% to settle at 9.01 and Eutelsat Communications SA (PA:ETL) which gained 4.47% to close at 9.62.

The worst performers were Natixis (PA:CNAT) which was down 18.72% to 1.84 in late trade, CNP Assurances SA (PA:CNPP) which lost 9.53% to settle at 8.07 and WFD Unibail Rodamco NV (AS:URW) which was down 9.05% to 45.22 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 348 to 230 and 72 ended unchanged.

Shares in WFD Unibail Rodamco NV (AS:URW) fell to 5-year lows; falling 9.05% or 4.50 to 45.22. Shares in Societe Generale SA (PA:SOGN) fell to 5-year lows; down 8.15% or 1.14 to 12.80. Shares in WFD Unibail Rodamco NV (AS:URW) fell to 5-year lows; falling 9.05% or 4.50 to 45.22.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 3.16% to 43.18.

Gold Futures for June delivery was up 0.44% or 7.15 to $1644.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 6.71% or 1.70 to hit $27.02 a barrel, while the June Brent oil contract rose 9.49% or 2.84 to trade at $32.78 a barrel.

EUR/USD was down 0.62% to 1.0789, while EUR/GBP rose 0.75% to 0.8824.

The US Dollar Index Futures was up 0.60% at 100.875.

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