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France shares lower at close of trade; CAC 40 down 0.87%

Published 03/01/2019, 04:35 am
© Reuters.  France shares lower at close of trade; CAC 40 down 0.87%
FCHI
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CAPP
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ETL
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Investing.com – France equities were lower at the close on Wednesday, as losses in the Gas & Water, General Financial and Foods & Drugs sectors propelled shares lower.

At the close in Paris, the CAC 40 fell 0.87%, while the SBF 120 index declined 0.84%.

The biggest gainers of the session on the CAC 40 were Total SA (PA:TOTF), which rose 1.03% or 0.47 points to trade at 46.66 at the close. Atos SE (PA:ATOS) added 0.42% or 0.30 points to end at 71.78 and Airbus Group SE (PA:AIR) was up 0.25% or 0.21 points to 84.17 in late trade.

Biggest losers included Valeo SA (PA:VLOF), which lost 3.88% or 0.99 points to trade at 24.52 in late trade. Renault SA (PA:RENA) declined 2.97% or 1.62 points to end at 52.93 and Capgemini SE (PA:CAPP) shed 2.93% or 2.54 points to 84.26.

The top performers on the SBF 120 were DBV Technologies (PA:DBV) which rose 15.65% to 12.270, Soitec SA (PA:SOIT) which was up 4.94% to settle at 53.100 and Eutelsat Communications SA (PA:ETL) which gained 2.44% to close at 17.62.

The worst performers were Faurecia (PA:EPED) which was down 5.72% to 31.18 in late trade, Casino Guichard (PA:CASP) which lost 4.93% to settle at 34.55 and Valeo SA (PA:VLOF) which was down 3.88% to 24.52 at the close.

Declining stocks outnumbered rising ones by 333 to 253 and 83 ended unchanged on the Paris Stock Exchange.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 2.88% to 22.48.

In commodities trading, Gold Futures for February delivery was up 0.51% or 6.55 to $1287.85 a troy ounce. Meanwhile, Crude oil for delivery in February rose 3.96% or 1.80 to hit $47.21 a barrel, while the March Brent oil contract rose 3.51% or 1.89 to trade at $55.69 a barrel.

EUR/USD was down 0.97% to 1.1351, while EUR/GBP rose 0.26% to 0.9011.

The US Dollar Index Futures was up 0.66% at 96.370.

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