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France stocks lower at close of trade; CAC 40 down 1.33%

Published 29/01/2016, 04:35 am
© Reuters.  France stocks lower at close of trade; CAC 40 down 1.33%

Investing.com – France stocks were lower after the close on Thursday, as losses in the Technology Hardware & Equipment, Automobiles & Parts and Technology sectors led shares lower.

At the close in Paris, the CAC 40 lost 1.33%, while the SBF 120 index declined 1.32%.

The best performers of the session on the CAC 40 were Technip (PA:TECF), which rose 6.15% or 2.50 points to trade at 43.23 at the close. Meanwhile, ArcelorMittal SA (AS:ISPA) added 2.75% or 0.10 points to end at 3.70 and Accor SA (PA:ACCP) was up 2.00% or 0.68 points to 34.65 in late trade.

The worst performers of the session were Renault SA (PA:RENA), which fell 4.19% or 3.41 points to trade at 77.88 at the close. Cap Gemini SA (PA:CAPP) declined 3.39% or 2.85 points to end at 81.23 and Societe Generale (PA:SOGN) was down 3.32% or 1.18 points to 34.19.

The top performers on the SBF 120 were Maurel Et Prom (PA:MAUP) which rose 8.49% to 2.81, CGG (PA:GEPH) which was up 6.67% to settle at 0.80 and Technip (PA:TECF) which gained 6.15% to close at 43.23.

The worst performers were Air France KLM SA (PA:AIRF) which was down 6.48% to 7.380 in late trade, Alten (PA:LTEN) which lost 5.87% to settle at 51.28 and DBV Technologies (PA:DBV) which was down 4.96% to 47.350 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 428 to 237 and 102 ended unchanged.

Shares in Societe Generale (PA:SOGN) fell to 52-week lows; falling 3.32% or 1.18 to 34.19.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 6.80% to 28.82.

Gold for February delivery was down 0.12% or 1.30 to $1114.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 3.72% or 1.20 to hit $33.50 a barrel, while the April Brent oil contract rose 3.73% or 1.26 to trade at $35.20 a barrel.

EUR/USD was up 0.51% to 1.0949, while EUR/GBP fell 0.44% to 0.7619.

The US Dollar Index was down 0.46% at 98.57.

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