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France shares lower at close of trade; CAC 40 down 0.57%

Published 26/04/2018, 02:35 am
France shares lower at close of trade; CAC 40 down 0.57%
FCHI
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SCHN
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VLLP
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MICP
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STMPA
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PRTP
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MT
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EUFI
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ATOS
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BICP
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LOCAL
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SBF120
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FROG
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FRBM
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FRIN
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TKTT
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VCAC
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Investing.com – France equities were lower at the close on Wednesday, as losses in the Basic Materials, Oil & Gas and Industrials sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 0.57%, while the SBF 120 index fell 0.65%.

The biggest gainers of the session on the CAC 40 were Kering SA (PA:PRTP), which rose 4.61% or 20.20 points to trade at 458.40 at the close. STMicroelectronics NV (PA:STM) added 2.95% or 0.520 points to end at 18.175 and Atos SE (PA:ATOS) was up 2.35% or 2.55 points to 111.25 in late trade.

Biggest losers included Compagnie Generale des Etablissements Michelin SCA (PA:MICP), which lost 3.83% or 4.60 points to trade at 115.55 in late trade. ArcelorMittal SA (AS:MT) declined 3.15% or 0.905 points to end at 27.815 and Schneider Electric SE (PA:SCHN) shed 2.61% or 1.98 points to 73.94.

The top performers on the SBF 120 were BIC (PA:BICP) which rose 5.08% to 83.70, Kering SA (PA:PRTP) which was up 4.61% to settle at 458.40 and Eurofins Scientific (PA:EUFI) which gained 3.73% to close at 422.20.

The worst performers were Solocal Group SA (PA:LOCAL) which was down 10.63% to 1.051 in late trade, Tarkett (PA:TKTT) which lost 7.48% to settle at 23.26 and Vallourec (PA:VLLP) which was down 5.97% to 4.837 at the close.

Declining stocks outnumbered rising ones by 371 to 180 and 97 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 9.94% to 13.28.

In commodities trading, Gold Futures for June delivery was down 0.71% or 9.50 to $1323.50 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.12% or 0.08 to hit $67.78 a barrel, while the June Brent oil contract fell 0.38% or 0.28 to trade at $73.58 a barrel.

EUR/USD was down 0.43% to 1.2180, while EUR/GBP fell 0.16% to 0.8737.

The US Dollar Index Futures was up 0.42% at 90.94.

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