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France stocks lower at close of trade; CAC 40 down 1.93%

Published 05/09/2019, 01:00 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 1.93%
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Investing.com – France stocks were lower after the close on Thursday, as losses in the Utilities, Basic Materials and Financials sectors led shares lower.

At the close in Paris, the CAC 40 lost 1.93% to hit a new 1-month low, while the SBF 120 index fell 1.95%.

The best performers of the session on the CAC 40 were Sodexo SA (PA:EXHO), which rose 0.05% or 0.05 points to trade at 100.30 at the close. Meanwhile, Orange SA (PA:ORAN) fell 0.47% or 0.07 points to end at 13.88 and Carrefour SA (PA:CARR) was down 0.65% or 0.12 points to 17.50 in late trade.

The worst performers of the session were ArcelorMittal SA (AS:MT), which fell 6.09% or 1.082 points to trade at 16.688 at the close. STMicroelectronics NV (PA:STM) declined 5.01% or 0.780 points to end at 14.780 and Credit Agricole SA (PA:CAGR) was down 4.54% or 0.550 points to 11.565.

The top performers on the SBF 120 were Eutelsat Communications SA (PA:ETL) which rose 1.69% to 15.96, Eurofins Scientific SE (PA:EUFI) which was up 0.56% to settle at 395.80 and SES (PA:SESFd) which gained 0.46% to close at 15.21.

The worst performers were Casino Guichard Perrachon SA (PA:CASP) which was down 6.76% to 33.63 in late trade, ArcelorMittal SA (AS:MT) which lost 6.09% to settle at 16.688 and Eurazeo (PA:EURA) which was down 6.04% to 64.55 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 483 to 92 and 77 ended unchanged.

Shares in ArcelorMittal SA (AS:MT) fell to 52-week lows; down 6.09% or 1.082 to 16.688. Shares in ArcelorMittal SA (AS:MT) fell to 52-week lows; falling 6.09% or 1.082 to 16.688.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 12.36% to 18.81 a new 3-months high.

Gold Futures for June delivery was up 0.24% or 3.05 to $1284.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.52% or 0.32 to hit $61.80 a barrel, while the July Brent oil contract fell 0.10% or 0.07 to trade at $70.30 a barrel.

EUR/USD was up 0.23% to 1.1217, while EUR/GBP rose 0.13% to 0.8612.

The US Dollar Index Futures was down 0.16% at 97.232.

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