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France shares lower at close of trade; CAC 40 down 0.51%

Published 12/01/2019, 04:35 am
© Reuters.  France shares lower at close of trade; CAC 40 down 0.51%
FCHI
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PEUP
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ORAN
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MICP
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VIE
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EUFI
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HRMS
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SOIT
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TRIA
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VLOF
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OPM
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SBF120
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FROG
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FRBM
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FRCS
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FNAC
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VCAC
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Investing.com – France equities were lower at the close on Friday, as losses in the Consumer Services, Basic Materials and Oil & Gas sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 0.51%, while the SBF 120 index fell 0.46%.

The biggest gainers of the session on the CAC 40 were Orange SA (PA:ORAN), which rose 1.44% or 0.20 points to trade at 13.77 at the close. Hermes International SCA (PA:HRMS) added 1.33% or 6.50 points to end at 496.40 and Peugeot SA (PA:PEUP) was up 1.20% or 0.24 points to 20.31 in late trade.

Biggest losers included Valeo SA (PA:VLOF), which lost 6.35% or 1.72 points to trade at 25.37 in late trade. Veolia Environnement VE SA (PA:VIE) declined 2.90% or 0.530 points to end at 17.720 and Compagnie Generale des Etablissements Michelin SCA (PA:MICP) shed 2.73% or 2.44 points to 86.78.

The top performers on the SBF 120 were Groupe FNAC (PA:FNAC) which rose 3.76% to 60.700, Trigano (PA:TRIA) which was up 3.41% to settle at 84.80 and Soitec SA (PA:SOIT) which gained 3.26% to close at 57.000.

The worst performers were Valeo SA (PA:VLOF) which was down 6.35% to 25.37 in late trade, Eurofins Scientific (PA:EUFI) which lost 3.50% to settle at 342.00 and Plastic Omnium (PA:PLOF) which was down 3.43% to 21.94 at the close.

Advancing stocks outnumbered falling ones by 286 to 276 and 97 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 7.12% to 16.68 a new 1-month low.

In commodities trading, Gold Futures for February delivery was up 0.27% or 3.45 to $1290.85 a troy ounce. Meanwhile, Crude oil for delivery in February fell 1.71% or 0.90 to hit $51.69 a barrel, while the March Brent oil contract fell 1.72% or 1.06 to trade at $60.62 a barrel.

EUR/USD was down 0.15% to 1.1481, while EUR/GBP fell 0.99% to 0.8928.

The US Dollar Index Futures was up 0.03% at 95.145.

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