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France stocks lower at close of trade; CAC 40 down 1.84%

Published 03/03/2022, 01:00 PM
France stocks lower at close of trade; CAC 40 down 1.84%
FCHI
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AXAF
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ENGIE
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BNPP
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RENA
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TCFP
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FRVIA
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PUBP
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UBIP
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VIRI
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SBF120
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FRHC
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FRCS
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FRUT
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GTT
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ELIOR
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VCAC
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TE
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Investing.com – France stocks were lower after the close on Thursday, as losses in the Utilities, Consumer Services and Healthcare sectors led shares lower.

At the close in Paris, the CAC 40 fell 1.84% to hit a new 6-months low, while the SBF 120 index lost 1.88%.

The best performers of the session on the CAC 40 were Thales (PA:TCFP), which rose 3.79% or 3.90 points to trade at 106.80 at the close. Meanwhile, BNP Paribas SA (PA:BNPP) added 1.59% or 0.80 points to end at 50.76 and AXA SA (PA:AXAF) was up 0.71% or 0.17 points to 23.49 in late trade.

The worst performers of the session were Publicis Groupe SA (PA:PUBP), which fell 6.70% or 3.78 points to trade at 52.68 at the close. Engie SA (PA:ENGIE) declined 6.26% or 0.76 points to end at 11.32 and Renault SA (PA:RENA) was down 5.87% or 1.51 points to 24.20.

The top performers on the SBF 120 were Technip Energies BV (PA:TE) which rose 13.64% to 10.00, CGG SA (PA:GEPH) which was up 7.01% to settle at 0.77 and Gaztransport et Technigaz SA (PA:GTT) which gained 6.35% to close at 91.30.

The worst performers were Faurecia (PA:EPED) which was down 8.53% to 27.01 in late trade, Elior Group (PA:ELIOR) which lost 8.24% to settle at 3.47 and Ubisoft Entertainment (PA:UBIP) which was down 6.76% to 44.13 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 395 to 183 and 75 ended unchanged.

Shares in Renault SA (PA:RENA) fell to 52-week lows; down 5.87% or 1.51 to 24.20. Shares in Faurecia (PA:EPED) fell to 52-week lows; down 8.53% or 2.52 to 27.01. Shares in Elior Group (PA:ELIOR) fell to 52-week lows; falling 8.24% or 0.31 to 3.47. Shares in Gaztransport et Technigaz SA (PA:GTT) rose to 52-week highs; rising 6.35% or 5.45 to 91.30.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0.00% to 18.96 a new 52-week high.

Gold Futures for April delivery was up 0.62% or 11.90 to $1,934.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.73% or 0.81 to hit $109.79 a barrel, while the May Brent oil contract fell 0.90% or 1.02 to trade at $111.91 a barrel.

EUR/USD was down 0.62% to 1.11, while EUR/GBP unchanged 0.07% to 0.83.

The US Dollar Index Futures was up 0.44% at 97.84.

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