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France shares lower at close of trade; CAC 40 down 0.34%

Published 18/05/2016, 02:35 am
© Reuters.  France shares lower at close of trade; CAC 40 down 0.34%
FCHI
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HOLN
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BNPP
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PEUP
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VLLP
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MICP
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VIV
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RENA
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EURA
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BOLL
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GTT
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Investing.com – France equities were lower at the close on Tuesday, as losses in the Consumer Goods, Oil & Gas and Industrials sectors propelled shares lower.

At the close in Paris, the CAC 40 declined 0.34%, while the SBF 120 index declined 0.26%.

The biggest gainers of the session on the CAC 40 were Vivendi SA (PA:VIV), which rose 1.35% or 0.23 points to trade at 16.93 at the close. BNP Paribas SA (PA:BNPP) added 0.97% or 0.42 points to end at 44.33 and Lafargeholcim Ltd (PA:LHN) was up 0.91% or 0.35 points to 39.26 in late trade.

Biggest losers included Peugeot SA (PA:PEUP), which lost 4.10% or 0.56 points to trade at 12.99 in late trade. Compagnie Generale des Etablissements Michelin SCA (PA:MICP) declined 3.48% or 3.13 points to end at 86.91 and Renault SA (PA:RENA) shed 2.85% or 2.28 points to 77.97.

The top performers on the SBF 120 were Bollore SA (PA:BOLL) which rose 4.32% to 3.14, GTT (PA:GTT) which was up 2.23% to settle at 31.82 and Vallourec (PA:VLLP) which gained 2.21% to close at 3.34.

The worst performers were Casino Guichard (PA:CASP) which was down 4.19% to 50.76 in late trade, Peugeot SA (PA:PEUP) which lost 4.10% to settle at 12.99 and Eurazeo (PA:EURA) which was down 3.59% to 58.80 at the close.

Declining stocks outnumbered rising ones by 330 to 290 and 126 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 1.53% to 22.69.

In commodities trading, Gold for June delivery was up 0.22% or 2.80 to $1277.00 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.96% or 0.46 to hit $48.18 a barrel, while the July Brent oil contract rose 0.59% or 0.29 to trade at $49.26 a barrel.

EUR/USD was up 0.11% to 1.1334, while EUR/GBP fell 0.42% to 0.7828.

The US Dollar Index was down 0.14% at 94.40.

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