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France shares lower at close of trade; CAC 40 down 0.79%

Published 01/06/2019, 03:00 am
Updated 01/06/2019, 03:05 am
© Reuters.  France shares lower at close of trade; CAC 40 down 0.79%
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Investing.com – France equities were lower at the close on Friday, as losses in the Utilities, Gas & Water and General Financial sectors propelled shares lower.

At the close in Paris, the CAC 40 lost 0.79% to hit a new 3-month low, while the SBF 120 index declined 0.72%.

The biggest gainers of the session on the CAC 40 were Worldline SA (PA:WLN), which rose 1.41% or 0.750 points to trade at 53.900 at the close. Veolia Environnement VE SA (PA:VIE) added 0.93% or 0.190 points to end at 20.710 and STMicroelectronics NV (PA:STM) was up 0.81% or 0.110 points to 13.695 in late trade.

Biggest losers included Renault SA (PA:RENA), which lost 4.55% or 2.57 points to trade at 53.92 in late trade. TechnipFMC PLC (PA:FTI) declined 2.54% or 0.49 points to end at 18.80 and Pernod Ricard SA (PA:PERP) shed 2.47% or 4.00 points to 157.80.

The top performers on the SBF 120 were Casino Guichard Perrachon SA (PA:CASP) which rose 3.02% to 34.07, Electricite de France SA (PA:EDF) which was up 2.24% to settle at 12.56 and Groupe FNAC (PA:FNAC) which gained 1.79% to close at 68.200.

The worst performers were Natixis (PA:CNAT) which was down 15.94% to 4.109 in late trade, Faurecia (PA:EPED) which lost 6.98% to settle at 33.07 and Eramet SA (PA:ERMT) which was down 4.71% to 50.62 at the close.

Declining stocks outnumbered rising ones by 344 to 213 and 84 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was up 4.62% to 16.95.

In commodities trading, Gold Futures for June delivery was up 1.35% or 17.40 to $1304.50 a troy ounce. Meanwhile, Crude oil for delivery in July fell 3.23% or 1.83 to hit $54.76 a barrel, while the August Brent oil contract fell 3.35% or 2.19 to trade at $63.14 a barrel.

EUR/USD was up 0.27% to 1.1160, while EUR/GBP rose 0.14% to 0.8839.

The US Dollar Index Futures was down 0.30% at 97.762.

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