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France stocks lower at close of trade; CAC 40 down 0.70%

Published 22/07/2015, 02:35 am
© Reuters.  France stocks lower at close of trade; CAC 40 down 0.70%
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Investing.com – France stocks were lower after the close on Tuesday, as losses in the Support Services, Aerospace & Defense and Pharmaceuticals & Biotech sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.70%, while the SBF 120 index declined 0.72%.

The best performers of the session on the CAC 40 were ArcelorMittal SA (AMS:ISPA), which rose 1.81% or 0.15 points to trade at 8.38 at the close. Meanwhile, Technip (PARIS:TECF) added 0.79% or 0.40 points to end at 51.01 and Renault SA (PARIS:RENA) was up 0.53% or 0.50 points to 94.33 in late trade.

The worst performers of the session were Safran SA (PARIS:SAF), which fell 1.60% or 1.05 points to trade at 64.73 at the close. L`Oreal SA (PARIS:OREP) declined 1.33% or 2.30 points to end at 170.15 and Valeo SA (PARIS:VLOF) was down 1.32% or 1.80 points to 134.25.

The top performers on the SBF 120 were CGG (PARIS:GEPH) which rose 2.51% to 4.85, Virbac (PARIS:VIRB) which was up 2.18% to settle at 218.00 and ArcelorMittal SA (AMS:ISPA) which gained 1.81% to close at 8.38.

The worst performers were Solocal Group (PARIS:LOCAL) which was down 10.06% to 0.420 in late trade, Adocia (PARIS:ADOC) which lost 6.03% to settle at 88.000 and Teleperformance (PARIS:ROCH) which was down 3.28% to 66.02 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 544 to 293 and 47 ended unchanged.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 0.54% to 17.14.

Gold for August delivery was down 0.21% or 2.30 to $1104.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.52% or 0.26 to hit $50.70 a barrel, while the September Brent oil contract rose 0.26% or 0.14 to trade at $56.80 a barrel.

EUR/USD was up 1.04% to 1.0937, while EUR/GBP rose 1.08% to 0.7031.

The US Dollar Index was down 0.76% at 97.44.

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