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France stocks lower at close of trade; CAC 40 down 4.97%

Published 03/04/2022, 01:00 PM
© Reuters.  France stocks lower at close of trade; CAC 40 down 4.97%
FCHI
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CARR
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SOGN
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ALSO
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VIE
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TCFP
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EUFI
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RXL
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CNPP
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DBG
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SBF120
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FRHC
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FRCS
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FRUT
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COFA
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VCAC
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NEOEN
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Investing.com – France stocks were lower after the close on Friday, as losses in the Utilities, Consumer Services and Healthcare sectors led shares lower.

At the close in Paris, the CAC 40 declined 4.97% to hit a new 6-months low, while the SBF 120 index declined 4.93%.

The best performers of the session on the CAC 40 were Thales (PA:TCFP), which rose 0.80% or 0.85 points to trade at 107.65 at the close. Meanwhile, Eurofins Scientific SE (PA:EUFI) fell 1.43% or 1.28 points to end at 88.27 and Carrefour SA (PA:CARR) was down 1.75% or 0.31 points to 17.43 in late trade.

The worst performers of the session were Societe Generale SA (PA:SOGN), which fell 9.36% or 2.16 points to trade at 20.96 at the close. Alstom SA (PA:ALSO) declined 9.04% or 1.90 points to end at 19.11 and Veolia Environnement VE SA (PA:VIE) was down 8.31% or 2.29 points to 25.27.

The top performers on the SBF 120 were Neoen SA (PA:NEOEN) which rose 0.94% to 32.14, Thales (PA:TCFP) which was up 0.80% to settle at 107.65 and CNP Assurances SA (PA:CNPP) which unchanged 0.00% to close at 21.74.

The worst performers were Rexel (PA:RXL) which was down 11.61% to 16.68 in late trade, Coface (PA:COFA) which lost 11.27% to settle at 9.68 and Derichebourg (PA:DBG) which was down 9.98% to 7.80 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 538 to 66 and 54 ended unchanged.

Shares in Societe Generale SA (PA:SOGN) fell to 52-week lows; losing 9.36% or 2.16 to 20.96. Shares in Alstom SA (PA:ALSO) fell to 5-year lows; losing 9.04% or 1.90 to 19.11.

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 1.52% or 29.40 to $1,965.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 3.85% or 4.14 to hit $111.81 a barrel, while the May Brent oil contract rose 3.46% or 3.82 to trade at $114.28 a barrel.

EUR/USD was down 1.24% to 1.09, while EUR/GBP unchanged 0.31% to 0.83.

The US Dollar Index Futures was up 0.78% at 98.55.

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