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France stocks lower at close of trade; CAC 40 down 4.75%

Published 11/26/2021, 12:00 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 4.75%
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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 fell 4.75% to hit a new 1-month low, while the SBF 120 index lost 4.54%.

The best performers of the session on the CAC 40 were Eurofins Scientific SE (PA:EUFI), which rose 7.89% or 8.32 points to trade at 113.72 at the close. Meanwhile, Teleperformance SE (PA:TEPRF) added 0.68% or 2.40 points to end at 357.00 and Dassault Systemes SE (PA:DAST) was down 0.41% or 0.22 points to 52.89 in late trade.

The worst performers of the session were WFD Unibail Rodamco NV (AS:URW), which fell 11.88% or 7.88 points to trade at 58.46 at the close. Airbus Group SE (PA:AIR) declined 11.49% or 12.90 points to end at 99.36 and Safran SA (PA:SAF) was down 10.26% or 11.56 points to 101.10.

The top performers on the SBF 120 were Valneva (PA:VLS) which rose 8.97% to 26.000, Eurofins Scientific SE (PA:EUFI) which was up 7.89% to settle at 113.72 and Sartorius Stedim Biotech SA (PA:STDM) which gained 7.17% to close at 515.40.

The worst performers were WFD Unibail Rodamco NV (AS:URW) which was down 11.88% to 58.46 in late trade, Airbus Group SE (PA:AIR) which lost 11.49% to settle at 99.36 and Eramet SA (PA:ERMT) which was down 11.26% to 68.20 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 545 to 92 and 65 ended unchanged.

Shares in Safran SA (PA:SAF) fell to 52-week lows; down 10.26% or 11.56 to 101.10. Shares in Valneva (PA:VLS) rose to all time highs; up 8.97% or 2.140 to 26.000.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was unchanged 0% to 18.96 a new 6-months high.

Gold Futures for December delivery was up 0.01% or 0.10 to $1784.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 12.69% or 9.95 to hit $68.44 a barrel, while the January Brent oil contract fell 10.95% or 9.00 to trade at $73.22 a barrel.

EUR/USD was up 0.85% to 1.1301, while EUR/GBP rose 0.88% to 0.8484.

The US Dollar Index Futures was down 0.75% at 96.150.

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